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NSW › Wolli Creek › Magdalene Tce

U509, 7 Magdalene Tce, Wolli Creek NSW 2205

For saleApartment

$830,000–$850,000

For sale

Asking range

2

Bedrooms

1

Bathrooms

1

Car spaces

99 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $830,000–$850,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $830,000–$850,000(Listing record · 13 May 2026)
  • CalculationIf it leased at Wolli Creek's advertised median rent ($872/wk), implied gross yield would be 5.46% — 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

$830,000–$850,000

Asking range · $8,384/m² of land

No recorded sale for this property.

Wolli Creek at a glance

12,493

People

No data

Median sale

$872/wk

Median rent

No data

Suburb gross yield

See the full Wolli Creek report →

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$830,000
Stamp Duty (New South Wales)
$31,762
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
$865,629

$35,629 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

Based on the low end of the asking range, not a contract price.

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

Net yield
3.96%
Annual cashflow (pre-tax)
$-10,266
Interest cover (DSCR)
0.76
Annual rent
$45,344
Operating expenses
$12,450
Loan amount
$664,000
Annual interest
$43,160
Gross yield
5.46%

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$830,000–$850,000available13 May 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 $872/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 5.5%. 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

Wolli Creek in one glance

Wolli Creek at a glance

12,493

People

No data

Median sale

$872/wk

Median rent

No data

Suburb gross yield

See the full Wolli Creek report →

Keep researching

  • Why Wolli Creek? Read the area thesis →
  • What else is on the market in Wolli Creek →
  • Other records on Magdalene Tce →

Listing material

Listed by Salease Property Chatswood

Convenient and modern two-bedroom living next to Wolli Creek Train Station

Developed by Fraser, this exceptional property is nestled within the friendly Discovery Point community, offering an unparalleled location above Wolli Creek station. The strategic position of this residence provides convenient access to transportation and more, making it a truly unique opportunity. Beyond convenience, the surrounding area boasts lush parks, Woolworths and Aldi supermarkets, a variety of local shops, and an array of dining options, ensuring that everything you need is within easy reach.

World-Class Amenities at Discovery Point

Residents of Discovery Point are invited to indulge in a suite of world-class facilities, including:

Read the full description

- Four swimming pools (both indoor and outdoor)

- Four separate, fully-equipped gyms

- Luxurious sauna and BBQ areas for relaxation and entertainment

Apartment Features:

- Modern APARTMENT offers a perfect setting for romantic sunsets each evening.

- Generous FLOOR PLAN with sleek, contemporary finishes throughout.

- Two well-appointed BEDROOMS, each featuring built-in wardrobes, offering ample space and privacy.

- Dedicated separate STUDY area, perfect for a home office or quiet retreat.

- Modern gourmet KITCHEN with abundant storage, complemented by a stone benchtop and Stainless steel appliances

- Equipped with premium European APPLIANCES, including a dishwasher, gas cooktop and rangehood

- Spacious Enclosed BALCONY ideal for entertaining guests or simply unwinding in tranquility.

- Designer BATHROOM with floor to ceiling tiles

- Split AC in every room, ensuring comfort throughout the seasons.

- Internal LAUNDRY with dryer

- Secure PARKING, and a caged STORAGE area.

- NBN Connection ready

- Elevated Living where the building is equipped with a LIFT, offering convenience, as well as enhanced security for peace of mind.

Outgoings:

- Strata: $1612.22/quarter

- Council: $422.10/quarter

- Water: $404.97/quarter

This residence offers a lifestyle of unparalleled convenience and sophistication, perfect for those seeking a harmonious blend of modern living and a vibrant community.

For further details or to schedule a private viewing of this exceptional property, please reach out to Sylvia at your earliest convenience. We look forward to showcasing this remarkable residence to you.

Disclaimer: The information and illustrations in this document are indicative only and are subject to change. Salease Property, Vendor, related companies and their agents do not warrant the accuracy of and do not accept any liability for any error or discrepancy in the information and illustrations. The displayed information and Illustrations do not form part of any contract and interested parties must rely on their own enquiries.

Listing description written by Sylvia Setiadi, Salease Property Chatswood — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Broadband
  • Built-in Robes
  • Dishwasher
  • Fully Fenced
  • Gym
  • Intercom
  • Secure Parking
  • Study

Also look at

Also for sale in Wolli Creek

  • U503, 1 Magdalene Tce, Wolli Creek NSW 2205

    3-bed apartment. Asking $1.2M–$1.25M.

    For sale
  • U229, 16-20 Lusty St, Wolli Creek NSW 2205

    2-bed apartment. Asking $780K.

    For sale
  • U806, 27 Gertrude St, Wolli Creek NSW 2205

    3-bed apartment. Currently listed.

    For sale
  • U1304, 1 Brodie Spark Dr, Wolli Creek NSW 2205

    3-bed apartment. Currently listed.

    For sale
Districts

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

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