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NSW › Wamboin › Merino Vale Dr

92 Merino Vale Dr, Wamboin NSW 2620

For saleRural Property for Sale

$2,499,000–$2,699,000

For sale

Asking range

6

Bedrooms

3

Bathrooms

6

Car spaces

153,300 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $2,499,000–$2,699,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $2,499,000–$2,699,000(Listing record · 11 May 2026)
  • FactLand 153,300 m²; no building size recorded.(Property record)
  • CalculationAsk is 47% above the Wamboin median recorded sale ($1,700,000, n=5, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Wamboin's advertised median rent ($887/wk), implied gross yield would be 1.85% — 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

$2,499,000–$2,699,000

Asking range · $16/m² of land

No recorded sale for this property.

Wamboin at a glance

1,838

People

$1,700,000

Median sale

$887/wk

Median rent

2.71%

Suburb gross yield

Median sale from 5 recorded sales (last 12 months) — a Districts calculation.

See the full Wamboin report →

Vs Wamboin

+47.0%

Median sale

Suburb $1,700,000

-0.86 pp

Gross yield

Suburb 2.71%

Suburb median $1,700,000 from 5 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
$2,499,000
Stamp Duty (New South Wales)
$119,457
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
$2,622,324

$123,324 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 Wamboin's advertised median rent — not a rent for this listing.

Net yield
0.35%
Annual cashflow (pre-tax)
$-121,309
Interest cover (DSCR)
0.07
Annual rent
$46,124
Operating expenses
$37,485
Loan amount
$1,999,200
Annual interest
$129,948
Gross yield
1.85%

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

  1. Listed$2,499,000–$2,699,000available11 May 2026

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 $887/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 1.8%. 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

Wamboin in one glance

Wamboin at a glance

1,838

People

$1,700,000

Median sale

$887/wk

Median rent

2.71%

Suburb gross yield

Median sale from 5 recorded sales (last 12 months) — a Districts calculation.

See the full Wamboin report →

Keep researching

  • Why Wamboin? Read the area thesis →
  • What else is on the market in Wamboin →
  • Other records on Merino Vale Dr →

Listing material

Listed by PRD Queanbeyan

"Stonehaven"

Offered for the first time in 27 years, Team Lee are proud to bring "Stonehaven" to the market - arguably one of the most desirable properties in the region and one that truly must be viewed to be fully appreciated.

Nestled in highly sought-after old Wamboin, this remarkable 15.33 hectare block (approximately 38 acres) enjoys extensive river frontage, fantastic grazing paddocks and two quality homes set within a park-like setting rarely found anywhere.

Boasting total privacy and set well back from a quiet end-of-road location, the main residence sits proudly on the block enjoying amazing views to the river and beyond.

Read the full description

The layout of the main residence includes spacious formal and informal living zones, a modern kitchen, four generous bedrooms with ensuite to the main and a lovely north-facing sunroom. Beautiful timber floors, tasteful décor, a wood fire and extensive use of glass combine to create a truly special home - totally fitting of the outstanding setting it calls home.

For anyone who loves the outdoors, this is where "Stonehaven" truly shines. Step outside to find an entertainer's delight - extensive decking, covered outdoor zones complete with a wood fire and pizza oven, picnics by the river, horse riding and sprawling vegetable gardens. Weekends will never be the same again for the lucky new owners of "Stonehaven."

For those with an extended family or perhaps looking for a supplementary income, the picture-perfect two bedroom cottage will not disappoint. Enjoying good separation from the main residence, both homes offer their occupants genuine privacy and the freedom to enjoy their own space.

If you've been searching for a standout dual occupancy property that ticks every box, "Stonehaven" at 92 Merino Vale Drive is not to be missed.

At a glance:

• 15.33H (37.8 acres) - Park-like grounds

• 4 B/R homestead

• 2 B/R S/C cottage

• Mains plus solar power

• Extensive river frontage

• Large dam

• 60m deep water bore

• Rural shedding

• 7mx17m vegetable garden

• Secure chook pen

• Gravity fed watering infrastructure around residence and gardens

• Sheep and cattle yards

DISCLAIMER. We have in preparing this document used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document.

Listing description written by Ben Lee, PRD Queanbeyan — reproduced as published, not verified by Districts.

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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.