North Richmond at a glance
7,146
People
$1,290,000
Median sale
$677/wk
Median rent
2.73%
Suburb gross yield
Median sale from 70 recorded sales (last 12 months) — a Districts calculation.
NSW › North Richmond › Tyne Cres
5
Bedrooms
2
Bathrooms
4
Car spaces
824 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in North Richmond (last 5 years) with land size have a median of $1,919/m² of land (n=80). Districts calculation from recorded sales — not a valuation.
North Richmond at a glance
7,146
People
$1,290,000
Median sale
$677/wk
Median rent
2.73%
Suburb gross yield
Median sale from 70 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $677/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
North Richmond at a glance
7,146
People
$1,290,000
Median sale
$677/wk
Median rent
2.73%
Suburb gross yield
Median sale from 70 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by McGrath NorthwestJulie Grigg and the team at McGrath Northwest proudly present this outstanding dual-income opportunity, offering a three-bedroom home and a two-bedroom granny flat on the one title. Ideal for investors seeking strong rental returns or multi-generational living with privacy and flexibility. With both dwellings well-presented and separately accessed, this property offers excellent rental appeal and long-term growth potential. Whether leased together or occupied separately, it's a smart investment with immediate income capability in a sought-after location.
Main House
- Three bedrooms – main and second with built-in wardrobes
- Spacious lounge and dining area with split system air conditioning
- Updated kitchen with electric cooking
- Original bathroom with separate toilet
- Internal laundry
- Double carport
- Double garage
- Fully fenced, level yard – low maintenance and family friendly
Granny Flat
- Two bedrooms, both with built-in wardrobes
- Freshly painted interiors
- Tiled living area and carpeted bedrooms
- Split system air conditioning and ceiling fan
- Gas cooktop and electric oven
- Sunshades over a paved entertaining area
- Garden sheds for storage
- Private access ensuring separation and independence
Main house currently leased at $600 per week. Granny flat currently vacant with potential rent of $500 - $525 per week.
Distance to:
2.0 km to North Richmond local shopping centre
1.4km to Richmond North Public School
3.2km to Colo High School
850m to Bus Stop corner of Campbell Road and Pecks St
600m to Peel Park
DISCLAIMER: Whilst we deem this information to be reliable the agent cannot guarantee its accuracy and accepts no responsibility for such. Interested persons should rely on their own enquiries.
Listing description written by Julie Grigg, McGrath Northwest — reproduced as published, not verified by Districts.
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