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NSW › Bundanoon › Grice Dr

9 Grice Dr, Bundanoon NSW 2578

For saleHouse

$2,250,000–$2,350,000

For sale

Asking range

$2,400,000

Last sold

13 Apr 2023

4

Bedrooms

2

Bathrooms

2

Car spaces

1,997 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $2,250,000–$2,350,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $2,250,000–$2,350,000(Listing record · 1 Apr 2026)
  • FactLand 1,997 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Bundanoon (last 5 years) with land size: median $762/m² of land (n=132). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 112% above the Bundanoon median recorded sale ($1,060,000, n=39, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Bundanoon's advertised median rent ($662/wk), implied gross yield would be 1.53% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$2,250,000–$2,350,000

Asking range · $1,127/m² of land

Last recorded sale $2,400,000 (13 Apr 2023).

Local land rate: recorded House sales in Bundanoon (last 5 years) with land size have a median of $762/m² of land (n=132). Districts calculation from recorded sales — not a valuation.

Bundanoon at a glance

2,837

People

$1,060,000

Median sale

$662/wk

Median rent

3.25%

Suburb gross yield

Median sale from 39 recorded sales (last 12 months) — a Districts calculation.

See the full Bundanoon report →

Vs Bundanoon

+112.3%

Median sale

Suburb $1,060,000

-1.72 pp

Gross yield

Suburb 3.25%

Suburb median $1,060,000 from 39 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$2,250,000
Stamp Duty (New South Wales)
$105,762
Transfer/Registration Fee
$167
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$2,359,629

$109,629 on top of the price (4.9% extra)

  • Stamp Duty (New South Wales)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Bundanoon's advertised median rent — not a rent for this listing.

Net yield
0.03%
Annual cashflow (pre-tax)
$-116,326
Interest cover (DSCR)
0.01
Annual rent
$34,424
Operating expenses
$33,750
Loan amount
$1,800,000
Annual interest
$117,000
Gross yield
1.53%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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

202320242026$2.4m$2.25m
  • Sold (recorded)
  • Asking price (not a sale)
  1. Listed$2,250,000–$2,350,000available1 Apr 2026
  2. Sold$2,400,00013 Apr 2023

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 $662/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

Gross yield if leased at the suburb aggregate is 1.5%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

Bundanoon in one glance

Bundanoon at a glance

2,837

People

$1,060,000

Median sale

$662/wk

Median rent

3.25%

Suburb gross yield

Median sale from 39 recorded sales (last 12 months) — a Districts calculation.

See the full Bundanoon report →

Keep researching

  • Why Bundanoon? Read the area thesis →
  • What else is on the market in Bundanoon →
  • Other records on Grice Dr →

Listing material

Listed by Harpers

Luxuriously appointed and architecturally striking

Sophisticated Pavilion Living with Premium Finishes Throughout

Luxuriously appointed and architecturally striking, this brand‑new residence showcases the refined craftsmanship synonymous with Griffiths Developments and the contemporary pavilion design of Stephen Giddings of Studio G Design.

Set behind an ancient Eucalypt and elevated to capture distant valley views towards the hills of Exeter, the home delivers an exceptional lifestyle within a tranquil pocket of Bundanoon, just 1.5km from the town centre.

Read the full description

A bold entry between two pavilions leads into the voluminous open plan kitchen, dining and living zone, framed by soaring ceilings, huge triple‑aspect windows and burnished polished concrete floors with in‑slab/underfloor heating. Elegant white linen drapes soften the space, while a Heat & Glo gas fireplace set in bespoke joinery anchors the living area. The gourmet kitchen impresses with Caesarstone benchtops, a large breakfast island, gas cooking, and a fully equipped butler's pantry, connecting seamlessly to indoor and outdoor entertaining areas including limestone courtyards to the east and west.

Offering a thoughtfully zoned, multi‑wing layout, the home balances privacy and comfort. The master suite enjoys its own pavilion, complete with high raked ceilings, a private limestone courtyard, north‑facing celestial windows, a generous walk‑in robe and an indulgent ensuite featuring granite tiles, frameless double rainfall shower and a bespoke floating double vanity.

A central hallway leads to three additional king‑sized bedrooms, each beautifully appointed with built‑in storage, wool carpets and double‑glazed windows. The guest bathroom echoes the home's luxurious material palette, highlighted by a slipper bath positioned within a window box and a designer vanity. A bold powder room adds further sophistication.

A second living space with a wall of north‑facing glass opens to a private courtyard, perfect for quiet relaxation. The laundry is superbly finished with stone benchtops, extensive cabinetry and under‑bench appliance space, with internal access to the oversized double garage offering storage and workshop capacity.

Outdoors, landscaped tiered gardens, wide stone steps, recycled brick garden beds and a large elevated rear yard create a peaceful, low‑maintenance setting surrounded by native plantings and mature trees, including another magnificent Eucalypt. A firepit area and tidy yard space enhance year‑round enjoyment.

Crafted from high‑quality materials and boasting an impressive list of luxury inclusions, this architecturally designed home is the epitome of contemporary Highlands living. Everything is complete-simply move in and enjoy the exceptional lifestyle on offer.

For further information or to arrange a private inspection, contact Jacob McKinnon on 0498 653 300 or Cameron MacLean 0421 200 668.

Features Include:

- Land size – 1,997 Sqm

- Architecturally designed by Studio G Design and Griffiths Developments with premium finishes

- Generous pavilion-style floorplan with soaring ceilings and extensive glazing

- Light‑filled open plan living with Heat & Glo gas fireplace and polished concrete floors with in‑slab heating

- Caesarstone kitchen with large island, gas cooking and full butler's pantry

- Ducted and zoned reverse-cycle air conditioning throughout

- High‑end double‑glazed windows and bespoke solid timber Evalock front door

- Wool carpets to bedrooms; deluxe bathrooms with frameless showers and high-quality tiles

- Wraparound terraces, limestone courtyards, firepit area and landscaped tiered gardens

- Oversized double garage with storage and workshop space, internal entry and auto doors

- Irrigation system connected to 15,000L water tank; low‑maintenance exterior with Colorbond and recycled brick

- 1.5km to Bundanoon Station, cafes and shops; 2.2km to Bundanoon Public School

Listing description written by Jacob McKinnon, Harpers — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Ensuites: 1
  • Outdoor Entertaining
  • Reverse Cycle Aircon
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.