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NSW › Crestwood › Derrima Rd

U17, 90 Derrima Rd, Crestwood NSW 2620

For saleUnit

$550,000

For sale

Asking

2

Bedrooms

2

Bathrooms

2

Car spaces

239 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $550,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $550,000(Listing record · 13 July 2026)
  • CalculationAsk is 33% below the Crestwood median recorded sale ($817,500, n=8, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Crestwood's advertised median rent ($546/wk), implied gross yield would be 5.16% — 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

$550,000

Asking · $2,301/m² of land

No recorded sale for this property.

Crestwood at a glance

4,830

People

$817,500

Median sale

$546/wk

Median rent

3.47%

Suburb gross yield

Median sale from 8 recorded sales (last 12 months) — a Districts calculation.

See the full Crestwood report →

Vs Crestwood

-32.7%

Median sale

Suburb $817,500

+1.69 pp

Gross yield

Suburb 3.47%

Suburb median $817,500 from 8 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$550,000
Stamp Duty (New South Wales)
$19,162
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
$573,029

$23,029 on top of the price (4.2% 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 Crestwood's advertised median rent — not a rent for this listing.

Net yield
3.66%
Annual cashflow (pre-tax)
$-8,458
Interest cover (DSCR)
0.70
Annual rent
$28,392
Operating expenses
$8,250
Loan amount
$440,000
Annual interest
$28,600
Gross yield
5.16%

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$550,000available13 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 $546/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 5.2%. 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

Crestwood in one glance

Crestwood at a glance

4,830

People

$817,500

Median sale

$546/wk

Median rent

3.47%

Suburb gross yield

Median sale from 8 recorded sales (last 12 months) — a Districts calculation.

See the full Crestwood report →

Keep researching

  • Why Crestwood? Read the area thesis →
  • What else is on the market in Crestwood →
  • Other records on Derrima Rd →

Listing material

Listed by Hawk Real Estate

Luxury Ground Floor Living with Two Expansive Private Courtyards in the Heart of Crestwood!

Hawk Real Estate proudly presents this beautifully appointed ground-floor apartment, perfectly positioned within a well-maintained complex in the highly sought-after suburb of Crestwood. Offering an outstanding combination of space, functionality and lifestyle, this contemporary residence features two generous bedrooms, two bathrooms, two secure basement car spaces and two exceptionally large private courtyards, creating a unique indoor-outdoor living experience rarely found in apartment living.

Designed with comfort and practicality in mind, the thoughtfully planned layout welcomes you into a light-filled open-plan living and dining area that seamlessly extends to the impressive north-facing courtyard, providing the perfect setting for entertaining guests, relaxing in the sunshine or enjoying family gatherings. At the opposite end of the apartment, a second spacious courtyard offers additional outdoor living, creating excellent privacy and flexibility for children, pets or outdoor dining throughout the year.

At the heart of the home is a stylish contemporary kitchen featuring quality stone benchtops, a large island breakfast bar, stainless steel appliances, gas cooktop, electric oven, dishwasher and ample cupboard space. Overlooking the living and dining areas, the kitchen has been designed to bring family and friends together while making everyday living effortless.

Read the full description

The spacious master bedroom enjoys its own private wing and includes a built-in wardrobe, modern ensuite and direct access to the courtyard, creating a peaceful retreat. The second bedroom is generously proportioned with a built-in wardrobe and is conveniently positioned adjacent to the main bathroom, making it ideal for guests, children or those working from home.

The home is complete with split-system heating and cooling, quality flooring throughout, generous storage and secure internal access to two side-by-side basement car spaces plus a lockable storage cage.

Whether you're a first home buyer, downsizer or investor, this exceptional apartment offers low-maintenance living without compromising on space or outdoor enjoyment.

Ideally located just minutes from Queanbeyan CBD, Fyshwick, Hume, Canberra Airport and the Parliamentary Triangle, you'll enjoy easy access to cafés, restaurants, shopping centres, schools, public transport and major employment hubs. With Canberra CBD only a short drive away, this is a location that perfectly balances convenience and lifestyle.

Property Features

Apartment

Ground floor apartment with private entry

Two spacious bedrooms

Master bedroom with ensuite and built-in wardrobe

Second bedroom with built-in wardrobe

Two modern bathrooms

Light-filled open-plan living and dining area

Contemporary kitchen with stone benchtops

Large island breakfast bar

Gas cooktop

Electric oven

Dishwasher

Stainless steel appliances

Split-system heating and cooling

Quality flooring throughout

LED lighting

Excellent natural light

Outdoor Features

Two oversized private courtyards

North-facing entertaining courtyard

Additional rear courtyard offering privacy and flexibility

Ideal for entertaining, children or pets

Low-maintenance landscaping

Parking & Storage

Two secure underground car spaces

Lockable storage cage

Secure building access

Visitor parking within the complex

Property Information

2 Bedrooms

2 Bathrooms

2 Secure Car Spaces

Approximate Area Breakdown

* Internal Living: Approx. 90m²

* Total Under Roof Area (including covered alfresco): Approx. 110m² (subject to verification)

* Private Outdoor Courtyard: Approx. 95m²

* Total Outdoor Area: Approx. 115m²

* Two Secure Basement Car Spaces: Approx. 31m²

* Storage Cage: Approx. 3m²

* Total Combined Area: Approx. 239m²

Year Built: 2011

Outgoings (Approx.)

Strata Levies: $1,267 p.q.

Council Rates: $2,760 p.a.

Location Highlights

Walking distance to Queanbeyan CBD

Minutes to Riverside Plaza Shopping Centre

Approximately 10 minutes to Fyshwick

Approximately 15 minutes to Canberra Airport

Approximately 15 minutes to the Parliamentary Triangle

Easy access to Hume Industrial Area

Close to cafés, restaurants and local parks

Nearby public transport

Close to local schools and childcare centres

Easy commute to Canberra CBD

Strong rental demand and excellent investment potential

This stylish ground-floor apartment combines generous indoor living, exceptional outdoor space and an unbeatable location, making it an outstanding opportunity for homeowners and investors alike. With two expansive courtyards, quality finishes and secure parking, 17/90 Derrima Road, Crestwood offers a lifestyle that is rarely available in apartment living.

Don't miss this fantastic opportunity to secure a quality reserve-front home offering lifestyle, comfort and convenience in equal measure.

Contact:

Kammy Singh – Director & Principal

📞 0424 362 426

📧 kammy@hawkrealestate.com.au

Raj – Sales Consultant

📞 0451 901 322

📧 raj@hawkrealestate.com.au

Disclaimer: All information contained herein is believed to be accurate at the time of publication; however, interested parties should rely on their own enquiries and independent investigations. Measurements, floor areas, dimensions and figures are approximate only and provided as a guide. Hawk Real Estate makes no warranty as to the accuracy or completeness of the information provided.

Listing description written by Kammy Singh, Hawk Real Estate — reproduced as published, not verified by Districts.

Also look at

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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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