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NSW › St Peters › May St

96-98 May St, St Peters NSW 2044

For saleBlock of Units

For sale

For sale

17

Bedrooms

17

Bathrooms

5

Car spaces

378 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

This is on the market — is it worth your time?

Why this ask?

  • FactListed for sale — no asking price recorded(Listing record · 20 Oct 2025)
  • FactLand 378 m²; no building size recorded.(Property record)

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

No recorded sale price for this property yet.

St Peters at a glance

4,172

People

$1,970,000

Median sale

$929/wk

Median rent

2.45%

Suburb gross yield

Median sale from 13 recorded sales (last 12 months) — a Districts calculation.

See the full St Peters report →

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. Listedprice unknownavailable20 Oct 2025

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 $929/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

St Peters in one glance

St Peters at a glance

4,172

People

$1,970,000

Median sale

$929/wk

Median rent

2.45%

Suburb gross yield

Median sale from 13 recorded sales (last 12 months) — a Districts calculation.

See the full St Peters report →

Keep researching

  • Why St Peters? Read the area thesis →
  • What else is on the market in St Peters →
  • Other records on May St →

Listing material

Listed by Strathfield Partners

Ultra-Modern Registered Boarding House in the Heart of St Peters

Strathfield Partners is proud to present this rare and exceptional investment opportunity, a self-contained, registered boarding house featuring 17 ultra-modern studio apartments across four levels, with basement parking. Ideally located in one of St Peters' most sought-after areas, this as-new property offers savvy investors a chance to secure a high-yielding asset in a prime location. Conveniently positioned just a 5-minute walk to St Peters Train Station and a 10-minute walk to Marrickville Metro Shopping Centre, this property is surrounded by elite universities, schools, and an array of lifestyle amenities.

Features include:

- Registered boarding house, completed in 2023, offering 17 self-contained studio apartments over 4 levels of accommodation

Read the full description

- Basement level parking for 5 cars with ample off-street parking

- All studios include a kitchen (with fridge, electric stove top, microwave oven), built-in wardrobe and bathroom

- Ground floor includes a communal area, bicycle racks, garbage room, water pumps, and outdoor gardens

- Air conditioning/heating, free communal laundries, 24-hour security, CCTV, intercom, swipe card access, and lift access to all apartments

- Head leased to a leading Furnished Accommodation Provider with a 3-year lease, generating $490,620 per annum Nett, with potential for increased returns.

- Set on a generous 378.2m² Approx. parcel

- 5-minute walk to St Peters Train Station, 7-minute train to Central Station, and easy bus access to USYD (10 mins), UTS (15 mins), and UNSW (20 mins)

- 10-minute walk to Marrickville Metro Shopping Centre, 5-minute walk to Sydney Park, and surrounded by restaurants, cafes, gyms, and shops

This is a rare opportunity to acquire a high-performing investment property in the heart of Sydney's vibrant inner west. With its ultra-modern design, prime location, and strong rental returns, this property is perfectly positioned to deliver exceptional value for years to come.

For Sale via EOI, please contact us for a copy of the IM.

Disclaimer: We have in preparing this document, used our best endeavours to ensure that all the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements contained in this document.

Listing description written by Adrian Jian-Sheng Wu, Strathfield Partners — reproduced as published, not verified by Districts.

Districts

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

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