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NSW › Kotara › Park Ave

U2, 278A Park Ave, Kotara NSW 2289

For saleTownhouse

$785,000

For sale

Asking

3

Bedrooms

2

Bathrooms

1

Car spaces

176 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $785,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $785,000(Listing record · 30 July 2026)
  • FactLand 176 m²; no building size recorded.(Property record)
  • CalculationAsk is 26% below the Kotara median recorded sale ($1,062,500, n=24, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Kotara's advertised median rent ($821/wk), implied gross yield would be 5.44% — 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

$785,000

Asking · $4,460/m² of land

No recorded sale for this property.

Kotara at a glance

4,154

People

$1,062,500

Median sale

$821/wk

Median rent

4.02%

Suburb gross yield

Median sale from 24 recorded sales (last 12 months) — a Districts calculation.

See the full Kotara report →

Vs Kotara

-26.1%

Median sale

Suburb $1,062,500

+1.42 pp

Gross yield

Suburb 4.02%

Suburb median $1,062,500 from 24 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$785,000
Stamp Duty (New South Wales)
$29,737
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
$818,604

$33,604 on top of the price (4.3% 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 Kotara's advertised median rent — not a rent for this listing.

Net yield
3.94%
Annual cashflow (pre-tax)
$-9,903
Interest cover (DSCR)
0.76
Annual rent
$42,692
Operating expenses
$11,775
Loan amount
$628,000
Annual interest
$40,820
Gross yield
5.44%

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$785,000available29 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 $821/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 5.4%. 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

Kotara in one glance

Kotara at a glance

4,154

People

$1,062,500

Median sale

$821/wk

Median rent

4.02%

Suburb gross yield

Median sale from 24 recorded sales (last 12 months) — a Districts calculation.

See the full Kotara report →

Keep researching

  • Why Kotara? Read the area thesis →
  • What else is on the market in Kotara →
  • Other records on Park Ave →

Listing material

Listed by Presence Real Estate

Sunlit Townhome Offers Flexibility & Privacy in a Prime Connected Location

Quietly positioned at the rear of a long block, this contemporary townhome will immediately pique your interest. Set over three cleverly designed levels, this residence is all about flexibility, privacy and the joy of having your own space, with room to come together when it counts.

Step inside and you're greeted by the main bedroom, a peaceful retreat with air-conditioning and a built-in wardrobe. This level is perfect for those seeking a quiet sanctuary or alternatively someone running a home-based business who values a bit of separation from the main living areas.

The middle level is where everyone naturally comes together. A generous open-plan lounge area unfolds around a functional stone-topped kitchen, ideal for both keen cooks and quick weekday meals. This airy, air-conditioned space flows into a large dining zone and a versatile nook that's perfect as a study, creative studio or extra living space. Large windows and tall ceilings flood this level with natural light, giving it an uplifting, spacious feel.

Read the full description

On the top level, two well-proportioned bedrooms, each with built-in wardrobes and air-conditioning, provide ideal separation for teenagers, guests or housemates. A spacious lounge on this floor creates yet another inviting place to unwind, while the luxurious main bathroom feels wonderfully hotel-like, with floor-to-ceiling tiles, a luxe freestanding bath and a decadent rainshower. There's also a generous built-in storage room, perfect for keeping everyday clutter neatly out of sight. Every window captures lovely district outlooks over the treetops enhancing the home's peaceful calming ambience.

Outside, a compact deck and drying area promise easy low-maintenance living, while the remote-opening garage is the finishing touch to a home perfectly designed for modern lifestyles.

Kotara is a tightly held suburb, sought-after for its exceptional lifestyle and outstanding amenities. Sporting fields, playgrounds and convenient transport links are all close by, with Westfield Kotara an easy stroll and Charlestown Square just a short drive away. It's also only 10-15 minutes to iconic beaches and the lake, perfect for year-round walks and long, lazy summer days by the water. Nature lovers will relish the proximity to Raspberry Gully and Blackbutt Nature Reserves, as well as the Fernleigh Track, while seamless access to the bypass and Kotara Station makes commuting effortless.

For sharers, families with teenagers or anyone who values both connection and privacy, this townhome delivers superbly. Come and take a look today.

Features include:

• Contemporary low-maintenance townhome, one of only three, quietly set at the rear of a large block.

• Two spacious living areas include an air-conditioned open-plan lounge, dining and study area as well as a top-level lounge ideal for privacy and relaxation.

• Glossy u-shaped kitchen with stone benchtops, central to the large open-plan living space.

• Three bedrooms, each with built-in robes and split system air-conditioning. The master enjoys its own private ensuite.

• Luxurious main bathroom with freestanding bath and separate rainshower, plus a convenient ensuite to the master.

• Compact deck with handy drying area.

• Single remote-opening garage with internal access.

• Ample storage throughout, including a large top-level storage room and generous under-stair cupboard.

• Sought-after location near Westfield Kotara, bush reserves, shops, eateries and playing fields. Only 10-15 minutes to iconic beaches and the lake, plus a short stroll to Kotara station and seamless access to the bypass.

Outgoings:

Council rates - $1,808 p.a. approx*

Water rates - $855 p.a. approx.*

Disclaimer:

All information provided by Presence Real Estate in the promotion of a property for either sale or lease has been gathered from various third-party sources that we believe to be reliable. However, Presence Real Estate cannot guarantee its accuracy, and we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements in the information provided. Prospective purchasers and renters are advised to carry out their own investigations and rely on their own inquiries. All images, measurements, diagrams, renderings and data are indicative and for illustrative purposes only and are subject to change. The information provided by Presence Real Estate is general in nature and does not take into account the individual circumstances of the person or persons objective financial situation or needs.

Listing description written by Gabrielle Coleman, Presence Real Estate — 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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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.