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NSW › Terranora › Parkes Ln

87 Parkes Ln, Terranora NSW 2486

House

$1,450,000

Last sold

13 June 2024

4

Bedrooms

3

Bathrooms

8

Car spaces

2,218 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,450,000 (13 June 2024).(Recorded sale)
  • FactLand 2,218 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Terranora (last 5 years) with land size: median $959/m² of land (n=127). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$1,450,000

13 June 2024 · derived via latest_sale

Local land rate: recorded House sales in Terranora (last 5 years) with land size have a median of $959/m² of land (n=127). Districts calculation from recorded sales — not a valuation.

Terranora at a glance

3,557

People

$1,547,500

Median sale

$1,054/wk

Median rent

3.54%

Suburb gross yield

Median sale from 34 recorded sales (last 12 months) — a Districts calculation.

See the full Terranora report →

Vs Terranora

-6.3%

Median sale

Suburb $1,547,500

+0.24 pp

Gross yield

Suburb 3.54%

Suburb median $1,547,500 from 34 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$1,450,00013 June 2024
  2. Listedprice unknowncompleted1 Jan 2001

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $1,054/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

Terranora in one glance

Terranora at a glance

3,557

People

$1,547,500

Median sale

$1,054/wk

Median rent

3.54%

Suburb gross yield

Median sale from 34 recorded sales (last 12 months) — a Districts calculation.

See the full Terranora report →

Keep researching

  • Why Terranora? Read the area thesis →
  • What else is on the market in Terranora →
  • Other records on Parkes Ln →

Listing material

Listed by SR & Co Real Estate

RENOVATORS DELIGHT - Spacious Home with Awe-Inspiring Vistas

This expansive and solid property boasts breathtaking views and unparalleled privacy. With a highly versatile floor plan that allows for flexible living arrangements this could be the ideal sanctuary to call home.

Perfectly located on a sought-after street in Terranora, this two level property is the epitome of structural integrity featuring double bricks and suspended concrete slab providing stability and durability. It sits on over half an acre offering an outdoor area teeming with potential, waiting for your creative vision to bring it to life. Currently offering a large lagoon swimming pool with ample room to entertain and relax.

Space is luxury and this is what you would have on ground level where you can enjoy an ample living area including a large wet bar and bedroom with ensuite & built-in robe, perfect as parents retreat, guest quarters or even for you to run your business from home. The choice is yours.

Read the full description

On first level, you will indulge yourself in panoramic vistas from every angle while immersing in the beauty of the surroundings. Open plan living, dining, kitchen and three additional bedrooms complement this level.

Some features:

- North facing 2218smq elevated block

- Open plan living area with functional kitchen and extra high ceilings

- Second extra-large living area offering potential for dual living

- Large veranda provides the perfect setting to soak in the natural splendour all around you

- Four bedrooms, all with access to the veranda. Master with ensuite & walk-in robe.

- Full bathroom with large vanity & bathtub

- Established garden includes citrus trees and large levelled areas perfect for kids & pets to run & play

- Large double lock up garage with additional room for extra storage

- Extensive driveway with room for several vehicles, including caravan, boat, trailers

Built to stand the test of time, this home exudes both strength and potential. Flooded with natural light, this property is waiting for someone ready to create an impressive sanctuary.

Disclaimer: All information is provided as a convenience to you and has been provided to SR&Co Real Estate third parties. SR&Co Real Estate is unable to definitively confirm whether the information listed is correct or 100% accurate. SR&Co Real Estate does not accept any liability (direct or indirect). This information should not be relied upon and you should make your own enquiries and seek legal advice.

Listing description written by Sandra Ross, SR & Co Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Pet-Friendly
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.