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NSW › Warwick Farm › Drummond St

U1, 8 Drummond St, Warwick Farm NSW 2170

For saleApartment

$429,000

For sale

Asking

2

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $429,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $429,000(Listing record · 27 July 2026)
  • CalculationAsk is 60% below the Warwick Farm median recorded sale ($1,075,000, n=7, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Warwick Farm's advertised median rent ($497/wk), implied gross yield would be 6.02% — 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

$429,000

Asking

No recorded sale for this property.

Warwick Farm at a glance

6,667

People

$1,075,000

Median sale

$497/wk

Median rent

2.40%

Suburb gross yield

Median sale from 7 recorded sales (last 12 months) — a Districts calculation.

See the full Warwick Farm report →

Vs Warwick Farm

-60.1%

Median sale

Suburb $1,075,000

+3.62 pp

Gross yield

Suburb 2.40%

Suburb median $1,075,000 from 7 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$429,000
Stamp Duty (New South Wales)
$13,717
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
$446,584

$17,584 on top of the price (4.1% 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

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

Net yield
4.52%
Annual cashflow (pre-tax)
$-2,899
Interest cover (DSCR)
0.87
Annual rent
$25,844
Operating expenses
$6,435
Loan amount
$343,200
Annual interest
$22,308
Gross yield
6.02%

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$429,000available27 July 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 $497/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 6.0%. 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

Warwick Farm in one glance

Warwick Farm at a glance

6,667

People

$1,075,000

Median sale

$497/wk

Median rent

2.40%

Suburb gross yield

Median sale from 7 recorded sales (last 12 months) — a Districts calculation.

See the full Warwick Farm report →

Keep researching

  • Why Warwick Farm? Read the area thesis →
  • What else is on the market in Warwick Farm →
  • Other records on Drummond St →

Listing material

Listed by Professionals Bankstown

First Home Buyers, Run Don't Walk

Here's your opportunity to secure an affordable entry into the Sydney property market! Perfectly positioned on the first floor of a secure, well-maintained complex, this immaculate 2 bedroom apartment offers outstanding value for first home buyers, savvy investors, and downsizers alike.

Beautifully presented throughout, the apartment features timber flooring throughout the living areas and bedrooms, two bedrooms with built-in wardrobes, a neat and functional kitchen, a well-maintained bathroom, and tiled kitchen and laundry areas for easy care.

Enjoy the security of an intercom building and the added convenience of a lock-up garage. Offering a total area of 77m², this is a smart purchase in an exceptionally convenient location.

Read the full description

Conveniently located just 150 metres (approx.) from Warwick Farm Train Station and only 900 metres (approx.) from Westfield Liverpool, you'll enjoy easy access to shopping, dining, schools, hospitals, and major transport links.

Property Features

• Immaculate first-floor apartment in a secure, well-maintained complex

• Two spacious bedrooms with built-in wardrobes

• Timber flooring throughout the living areas and bedrooms

• Neat kitchen and well-maintained bathroom

• Tiled kitchen and laundry areas

• Secure building with intercom access

• Lock-up garage

• Total area: 77m²

• Approx. 150m to Warwick Farm Train Station

• Approx. 900m to Westfield Liverpool

Outgoings (Approx.)

• Strata Levies: $965 per quarter

• Council Rates: $454 per quarter

• Water Rates: $180 per quarter

Whether you're looking to move straight in or secure a quality investment, this apartment delivers unbeatable convenience, low-maintenance living, and exceptional value.

First home buyers – don't miss this fantastic opportunity to enter the Sydney property market from just $429,000.

Listing description written by Michael Kourouche, Professionals Bankstown — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Floorboards
  • Living Areas: 1
  • Secure Parking
  • Toilets: 1

Also look at

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  • U5, 2-4 George St, Warwick Farm NSW 2170

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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.