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NSW › Rosebery › Stedman St

U438, 2 Stedman St, Rosebery NSW 2018

For saleApartment

$900,000

For sale

Asking

2

Bedrooms

2

Bathrooms

1

Car spaces

101 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $900,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $900,000(Listing record · 10 July 2025)
  • CalculationAsk is 62% below the Rosebery median recorded sale ($2,352,500, n=12, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Rosebery's advertised median rent ($1,093/wk), implied gross yield would be 6.32% — 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

$900,000

Asking · $8,911/m² of land

No recorded sale for this property.

Rosebery at a glance

15,238

People

$2,352,500

Median sale

$1,093/wk

Median rent

2.42%

Suburb gross yield

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

See the full Rosebery report →

Vs Rosebery

-61.7%

Median sale

Suburb $2,352,500

+3.90 pp

Gross yield

Suburb 2.42%

Suburb median $2,352,500 from 12 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$900,000
Stamp Duty (New South Wales)
$34,912
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
$938,779

$38,779 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 Rosebery's advertised median rent — not a rent for this listing.

Net yield
4.82%
Annual cashflow (pre-tax)
$-3,464
Interest cover (DSCR)
0.93
Annual rent
$56,836
Operating expenses
$13,500
Loan amount
$720,000
Annual interest
$46,800
Gross yield
6.32%

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$900,000available10 July 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 $1,093/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 6.3%. 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

Rosebery in one glance

Rosebery at a glance

15,238

People

$2,352,500

Median sale

$1,093/wk

Median rent

2.42%

Suburb gross yield

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

See the full Rosebery report →

Keep researching

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

Listing material

Listed by Dentown

Stylish Apartment Living in Rosebery!Close to All Amenities!

Welcome to this modern oversize 2-bedroom, 2-bathroom apartment located at

438 / 2 Stedman Street, Rosebery.

This contemporary property offers a comfortable and convenient lifestyle for those seeking a blend of style and functionality. With a garage space included, this apartment is perfect for urban dwellers looking for a secure place to call home.

Read the full description

The apartment features a sleek design with high-quality finishes throughout. The bedrooms are spacious and filled with natural light, providing a relaxing retreat within the bustling city. The open-plan living and dining area flow seamlessly, creating a perfect space for entertaining guests or simply unwinding after a long day.

Conveniently situated in Rosebery, residents can enjoy easy access to a range of amenities including cafes, restaurants, parks, and transport options. Whether you're a first home buyer, downsizer, or investor, this property presents a fantastic opportunity to own a piece of the vibrant Rosebery community. Don't miss out on inspecting this gem!

Enjoy a versatile floor plan with air-conditioning, a premium caesar stone kitchen and stainless steel appliances, sheltered balcony, the wide-format layout is also considerate in its placement of a bedroom and bathroom space.

Composed of landscaped pathways and onsite Building Management, this address is central to Rosebery's community of gourmet diners and Gunyama Park & Aquatic Centre.

Location:

- 3 mins walk to Rose-bury Woolworth Metro and shops, restaurant and Parks

- 10 mins walk from Green Square Station

- CBD via the Eastern Distributor

- Shopping venues and parklands in all directions

- A choice of many prestigious schools in the area

Features:

- Open plan living and dining area flowing into a generous sized balcony with open views

- Oversized bedrooms, Master bedroom with stylish ensuite included shower separate from the bathtub

- Gourmet kitchen comes standard with stainless steel European appliances and stone bench tops, gas cooking

- Air conditioning in all rooms

- 1 car space in the building.

- Secure grounds with relaxing green spaces

- Resort style facilities including an indoor heated pool, fully equipped gymnasium, spa and sauna

Rental Lease till 07 April 2026 $ 940.00 Per Week.

Outgoings Approx:

Strata: $3055 per quarter

Council: $ 308.20 per Quarter.

Water: $176 per quarter

For more details and inspection please call Suzy Lin: 0404 695 686

Listing description written by Charlie Grech, Dentown — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Dishwasher
  • In-Ground Pool
  • Remote Garage
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.