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NSW › Waterloo › O Dea Ave

U807, 18 O Dea Ave, Waterloo NSW 2017

For saleApartment

$1,200,000–$1,250,000

For sale

Asking range

2

Bedrooms

2

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,200,000–$1,250,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,200,000–$1,250,000(Listing record · 3 Sept 2024)
  • CalculationIf it leased at Waterloo's advertised median rent ($968/wk), implied gross yield would be 4.19% — 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

$1,200,000–$1,250,000

Asking range

No recorded sale for this property.

Waterloo at a glance

18,757

People

No data

Median sale

$968/wk

Median rent

No data

Suburb gross yield

See the full Waterloo report →

Total cost to purchase

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

Purchase Price
$1,200,000
Stamp Duty (New South Wales)
$48,412
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
$1,252,279

$52,279 on top of the price (4.4% 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 Waterloo's advertised median rent — not a rent for this listing.

Net yield
2.69%
Annual cashflow (pre-tax)
$-30,064
Interest cover (DSCR)
0.52
Annual rent
$50,336
Operating expenses
$18,000
Loan amount
$960,000
Annual interest
$62,400
Gross yield
4.19%

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$1,200,000–$1,250,000available3 Sept 2024

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 $968/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 4.2%. 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

Waterloo in one glance

Waterloo at a glance

18,757

People

No data

Median sale

$968/wk

Median rent

No data

Suburb gross yield

See the full Waterloo report →

Keep researching

  • Why Waterloo? Read the area thesis →
  • What else is on the market in Waterloo →
  • Other records on O Dea Ave →

Listing material

Listed by Greencliff

Experience a Tropical Haven at the Heart of Waterloo

Immerse yourself in the epitome of luxury living at 'Waterfall,' where comfort seamlessly blends with the allure of inner-city living. This remarkable 2-bedroom plus study apartment, perched on the top floor, boasts unique vaulted ceilings, creating an inviting atmosphere flooded with natural light. Setting a new benchmark for upscale living, 'Waterfall' showcases a rooftop oasis complete with an infinity pool, spa, and captivating outdoor cinema nestled within the rooftop lounge area. This executive residence surpasses expectations, offering an unmatched experience in a meticulously maintained building with world-class resort facilities.

Property highlights:

- Elevated top-floor corner location overlooking internal water garden & city's skyline

Read the full description

- Unique high vaulted ceilings together with floor-to-ceiling windows ensuring ample natural light

- Open-plan layout with covered balcony access offering breathtaking views and ample relaxation space

- Separate versatile space which can be used as study nook or storage

- Gourmet kitchen with stone benchtops and Miele appliances

- Spacious bedrooms with full-length built ins and masters with ensuite

- Lavish bathrooms featuring frameless glass showers and electronic bidet toilets

- Internal laundry and ducted-air conditioning

- Residents exclusive access to the serene internal lagoon and Australia's tallest man-made waterfall

- World class amenities include a gym with cantilevered design providing stunning district views, a heated rooftop infinity pool, a rooftop lounge with theatre, a soundproof music room featuring a grand piano and a function room equip

Outgoings:

- Strata $2,000 pq approx

- Council $300 pq approx

- Water $ 170 pq approx

Currently leased out at $1,200 per week lease ending the Feb 2026. Inspection by appointment.

On behalf of Greencliff Realty and the owners, we are excited to invite you to one of our upcoming open homes. Alternatively, feel free to contact William Chen at 0430 026 436 to arrange a private inspection.

Disclaimer: All information provided herein has been obtained from sources we consider reliable, but we cannot guarantee its accuracy. This information should not be relied upon; we recommend conducting your own inquiries and seeking advice regarding this property or any property featured on this website.

Property Code: 7182

Listing description written by William Chen, Greencliff — 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.