Redwood Park at a glance
5,413
People
$852,500
Median sale
$616/wk
Median rent
3.76%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
SA › Redwood Park › Argyll Cres
3
Bedrooms
1
Bathrooms
1
Car spaces
697 m²
Land
216 m²
Building
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 Redwood Park (last 5 years) with land size have a median of $1,116/m² of land (n=93). Districts calculation from recorded sales — not a valuation.
Redwood Park at a glance
5,413
People
$852,500
Median sale
$616/wk
Median rent
3.76%
Suburb gross yield
Median sale from 16 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
SAPlanning 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.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $616/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. Nearby development applications are not loaded. This lot’s own applications are a separate question. 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. Net yield / holding costs are not estimated outside NSW without inventing land tax.
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
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
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
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Redwood Park at a glance
5,413
People
$852,500
Median sale
$616/wk
Median rent
3.76%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White NorwoodThe quintessential mid-century property primed for bright new beginnings, 8 Argyll Crescent captures a stellar 697sqm parcel that'll spark the fancy for those in search of a passion project to transform their own home, or designer developers keen to subdivide and create custom havens, in what is potential that simply doesn't get any better (STCC).
With a solid brick exterior giving way to a sweeping backyard ready to extend and see the full scope of what such a generous block can handle, find white-knuckle fun and prepare to pull carpets, swing a paintbrush or two and discover the reward of refurbing what will instantly become a beautiful base to call home. Retaining that familiar 3-bedroom footprint nestled around the family bathroom, and where a large lounge sits just a comfortable conversation away from the combined kitchen and dining - a quick makeover here will have this one feeling houseproud in no time!
Coupled with well-known family-friendly surrounds that put popular leafy reserves, parks and playgrounds all a stone's throw from your front door ready to keep the kids happy and the pet pooch well-walked, a brisk stroll or easy bike to local schools, while a quick zip to St Agnes Shopping Centre ticks off all your daily essentials or enjoy all the hustle, bustle, brand name stores, cafés and weekend entertainment at the iconic TTP… getting your hands on such a spot is an opportunity not to let slip through your fingers.
FEATURES WE LOVE
• Superb 697sqm (approx.) allotment picture-perfect to update, renovate, extend or rebuild from the ground up (subject to council conditions)
• Light-filled lounge and dining zone
• Combined casual meals and already updated kitchen with great bench top space, abundant cabinetry, stainless appliances and backyard views
• Supremely generous master bedroom with ceiling fan and AC
• 2 additional ample-sized bedrooms, with one AC
• Classic contemporary bathroom with separate WC
• Practical laundry and solar system
• Spacious outdoor entertaining area overlooking a huge and sunbathed backyard
• Large 5m by 10m shed/garage/workshop
LOCATION
• A leisure stroll to nearby parks and playgrounds, inviting plenty of outdoor adventure for the little ones
• Around the corner from Ridgehaven Primary, Banksia Park Primary and Banksia Park High for stress-free school runs R-12
• Moments to local shops, casual cafés and a raft of tasty takeaway eateries
• Only 7-minutes to Tea Tree Plaza for all your department store needs, popular cafés, weekend entertainment, as well as the great access to the O-Bahn Interchange for traffic-free CBD commutes
Auction Pricing - In a campaign of this nature, our clients have opted to not state a price guide to the public. To assist you, please reach out to receive the latest sales data or attend our next inspection where this will be readily available. During this campaign, we are unable to supply a guide or influence the market in terms of price.
Vendors Statement: The vendor's statement may be inspected at our office for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it starts.
Norwood RLA 278530
Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.
Property Details:
Council | CITY OF TEA TREE GULLY
Zone | General Neighbourhood
Land | 697sqm(Approx.)
House | 216sqm(Approx.)
Built | TBC
Council Rates | $1,448.00 pa
Water | $165.55 pq
ESL | $228.95 pa
Listing description written by Ryan Stapleton, Ray White Norwood — reproduced as published, not verified by Districts.