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BENCHMARK COMPONENT REPORT
DISTRICT:
258 - CANTERBURY-BANKSTOWN
ZONE:
B2 - Local Centre
COMPONENT:
BBZ - B2 CAMPSIE - SECONDARY
BASE DATE:
01/07/2019
PROPERTY ID:
1400617
How is my land valued?        Most land is valued using a mass valuation process.
What is a component?           Properties that are expected to change in value at the same rate are grouped together. These 
                                               properties generally have similar features. The groups are called components. 
What is a benchmark?          Within each component, one representative property called a primary benchmark is chosen. 
                                               Benchmark properties are valued individually each year to measure how much the value of the land 
                                               has changed from the previous year.
                                               Each new benchmark value is then compared to the value of the benchmark from the previous year. 
                                               This change in value is called the component factor and it is then applied to all properties within the 
                                               component. 
                                               The Primary Benchmark chosen will have a land value close to the median land value. This ensures 
                                               that it represents most properties in the component. The median usually represents the middle land 
                                               value, which means that roughly 50% of land values will be higher while the other 50% will be lower.
                                               Often additional benchmark properties are chosen called Reference Benchmarks. These properties 
                                               usually have land values higher or lower than the median.
                                               Before undertaking benchmark valuations, valuers will inspect and analyse a large number of sales 
                                               in a locality to gain an in depth understanding of what is happening in the real estate market. This 
                                               information and the valuer's experience, knowledge and expertise are then used to value the 
                                               benchmark properties.
About this report:                 This report shows information about the component and the sales that were used to value the 
                                               benchmarks. The report includes the district, the zone and the valuing year it relates to.
                                               It also provides brief comments about how the sales relate to the benchmarks.
Page 1
10/06/2021 12:50

BENCHMARK COMPONENT REPORT
DISTRICT:
258 - CANTERBURY-BANKSTOWN
ZONE:
B2 - Local Centre
COMPONENT:
BBZ - B2 CAMPSIE - SECONDARY
BASE DATE:
01/07/2019
PROPERTY ID:
1400617
Benchmark Properties
Address: BEAMISH ST CAMPSIE NSW 2194
Area:
676.6 M
Primary/Reference Benchmark: Reference
Description:
1/3970 Topography has a slight cross fall from right to left. Irregular shaped and inside lot.
Address: BEAMISH ST CAMPSIE NSW 2194
Area:
240.3 M
Primary/Reference Benchmark: Reference
Description:
C/313315 Topography has a slight cross fall from left to right. Irregular shaped and inside lot.
Address: BEAMISH ST CAMPSIE NSW 2194
Area:
 
Primary/Reference Benchmark: Primary
Description:
1/103500 Topography has a slight cross fall from left to right. Irregular shaped and inside lot.
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BENCHMARK COMPONENT REPORT
DISTRICT:
258 - CANTERBURY-BANKSTOWN
ZONE:
B2 - Local Centre
COMPONENT:
BBZ - B2 CAMPSIE - SECONDARY
BASE DATE:
01/07/2019
PROPERTY ID:
1400617
Sales Evidence
Sales Address: 1205 CANTERBURY RD WILEY PARK
Analysed Sale ID:
Legal Description: 1/125222
153525
Area: 1168 M
Purchase Price:  $4,070,000
Contract Date:
30/11/2018
Analysed land value at current base date:   $1,820,000
Settlement Date: 28/02/2019
Description/Comments: Improvements: A two storey concrete commercial/retail building in good condition. Land: A triangular
shaped block mostly level with the street with three street frontages, being Canterbury Rd, The Mall
and Rawson St. Location: Located on the north western corner of Canterbury Rd Rawson St. Views:
Immediate streetscape. Services/amenities: Standard services are connected to the site. Property has
easy access to transport and local amenities. Surrounding development:Surrounded predominantly by
other low density commercial/retail buildings and medium density residential development.
Environmental Constraints: None. Planning: Zoned B2 Local Centre under Canterbury LEP 2012 with
a maximum building height of 18 metres. Analysis shows $1611/m of land. No DA of significance on
date of inspection. Circumstances of Sale: Market transaction sold by local agent. Sold with vacant
possession, rooftop lease to Optus. Terms and Conditions: Unless otherwise advised herein, this
sales analysis assumes full market price as advised which includes any GST that has formed part of
the purchase price, and that there are no inclusions or contributions paid included in the purchase
price. We have made the necessary EPA investigations and this property is not knownto be
contaminated, nor is it known to have any environmental issues. We assessed the added value
ofimprovements for this property using our added value of improvements and paired sales analysis or
byreplacement cost new analysis. Agent ad: Freestanding Vacant Building with High Exposure-
1,778sq m* freestanding building- 87 metre* frontage to Canterbury Road- Long term rooftop lease to
Optus- Located close to rail and shopping centre- Ideal for owner occupier or investor- Zoned B2
Local Centre- 30 car bays- Be seen by 57,000 cars* dailyContact the exclusive agents for an
information memorandum or to arrange an inspection.
Sales Address: 152 WATERLOO RD GREENACRE
Analysed Sale ID:
Legal Description: 1, 2/408508
153896
Area: 480 M
Purchase Price:  $2,025,000
Contract Date:
19/09/2018
Analysed land value at current base date:   $1,120,000
Settlement Date: 18/01/2019
Description/Comments: Improvements: A two storey brickcommercial building consisting of 2 retail shops at ground level and
1 office suite at first level, double garage at rear, in fair condition. Land: Near regular shaped block
mostly level with the street. Location: Located on the western side of Waterloo Rd, between Boronia
Rd Banksia Rd. Views: Immediate streetscape. Services/amenities: Standard services are connected
to the site. Property has easy access to transport and local amenities. Surrounding development: The
surrounding development consist of commercial/Retail developments of various age and styles.
Environmental Constraints: None. Planning: Zoned B2 Local Centre under Bankstown LEP 2015 with
a maximum FSR of 1.0:1 (Area 1). Analysis shows $2339/m of land or $2339/m of potential FSA. No
DA of significance on date of inspection. Circumstances of Sale: Market transaction sold by local
agent. Sold withexisting tenancy. Terms and Conditions: Unless otherwise advised herein, this sales
analysis assumes full market price as advised which includes any GST that has formed part of the
purchase price, and that there are no inclusions or contributions paid included in the purchase price.
We have made the necessary EPA investigations and this property is not knownto be contaminated,
nor is it known to have any environmental issues. We assessed the added value ofimprovements for
this property using our added value of improvements and paired sales analysis or byreplacement cost
new analysis. Agent ad: Iconic corner building 152 - 154 Waterloo Road, Greenacre - Prime location -
Total size 481m2- Cornor location - 2 down stairs commercial shops currently leased out - 1 office
space upstairs currently vacant - Rear lane access - Zoned 3(b) Business - Potential future
redevelopment
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BENCHMARK COMPONENT REPORT
DISTRICT:
258 - CANTERBURY-BANKSTOWN
ZONE:
B2 - Local Centre
COMPONENT:
BBZ - B2 CAMPSIE - SECONDARY
BASE DATE:
01/07/2019
PROPERTY ID:
1400617
Sales Address: 182 COOPER RD YAGOONA
Analysed Sale ID:
Legal Description: 1/803373
155143
Area: 564 M
Purchase Price:  $2,000,000
Contract Date:
26/11/2018
Analysed land value at current base date:   $1,060,000
Settlement Date: 04/06/2019
Description/Comments: Improvements:A two storey brickcommercial building consisting of 2 retail shops at ground level and 2
residential units at first level, double garage at rear, in fair condition. Land: Irregular shaped
blockrising gently to rear, rear vehicular access to the double garage via Cooper Lane. Location:
Located on the western side ofCooper Rd, 2nd lot north of the intersection with Cooper Lane. Views:
Immediate streetscape. Services/amenities: Standard services are connected to the site. Property has
easy access to transport and local amenities. Surrounding development: The surrounding
development consist of commercial/Retail developments of various age and styles with low density
residential properties to the north eastern side of Cooper Rd. Environmental Constraints: None.
Planning: Zoned B2 Local Centre under Bankstown LEP 2015 with a maximum FSR of 1.0:1 (Area 1).
Analysis shows $1887/m of land or $1887/m of potential FSA. No DA of significance on date of
inspection. Circumstances of Sale: Market transaction sold by local agent. Sold withexisting tenancy.
Terms and Conditions: Unless otherwise advised herein, this sales analysis assumes full market price
as advised which includes any GST that has formed part of the purchase price, and that there are no
inclusions or contributions paid included in the purchase price. We have made the necessary EPA
investigations and this property is not knownto be contaminated, nor is it known to have any
environmental issues. We assessed the added value ofimprovements for this property using our
added value of improvements and paired sales analysis or byreplacement cost new analysis. Agent
ad: DEVELOP YOUR INVESTMENT STRATEGY HERE* A rare opportunity to purchase a
freestanding commercial property with 4 tenants paying you income* Fully leased rent at $73,840 P.A.
+ GST consisting of two commercial premises and two x two bedroom residence with garage
accommodation* Future development potential, this site could potentially have upto 2:1 FSR with a
height limit of potentially upto 20 metres (subject to council approval)* Dominant frontage to Cooper
Road of approx. 12 metres with rear access for vehicles via Cooper LaneOpen For Inspection
Tuesday's Thursday's 12:30 - 1:00pmFor Sale by Auction (If Not Sold Prior): Monday 26th November
2018 6:00pm at 2 Crofts Avenue HurstvilleContact exclusive agentMatthew McHardy 0450 440
xxxxxxxxxxx@xxxxxxxxxx.xxx.xx
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BENCHMARK COMPONENT REPORT
DISTRICT:
258 - CANTERBURY-BANKSTOWN
ZONE:
B2 - Local Centre
COMPONENT:
BBZ - B2 CAMPSIE - SECONDARY
BASE DATE:
01/07/2019
PROPERTY ID:
1400617
Sales to Benchmark Comparison
Benchmark Property Address: BEAMISH ST CAMPSIE NSW 2194
Analysed Sale ID
Comparison
153525
Due to limited sales, sale from other business components within the district have been used.
Larger, 1168 m2 block, situated on Canterbury Rd in Wiley Park. Zoned B2 Local Centre. ALV
of $1,820,000 or $1,558/m2. Overall the sale is considered inferior to the benchmark.
153896
Due to limited sales, sale from other business components within the district have been used.
Smaller, 480 m2 block, situated on Waterloo Rd in Greenacre. Zoned B2 Local Centre. ALV of
$1,120,000 or $2,333/m2. Overall the sale is considered inferior to the benchmark.
153896
Due to limited sales, sale from other business components within the district have been used.
Larger, 480 m2 block, situated on Waterloo Rd in Greenacre. Zoned B2 Local Centre. ALV of
$1,120,000 or $2,333/m2. Overall the sale is considered comparable to the benchmark.
155143
Due to limited sales, sale from other business components within the district have been used.
Larger, 564 m2 block, situated on Cooper Rd in Yagoona. Zoned B2 Local Centre. ALV of
$1,060,000 or $1,879/m2. Overall the sale is considered comparable to the benchmark.
153896
Due to limited sales, sale from other business components within the district have been used.
Larger, 480 m2 block, situated on Waterloo Rd in Greenacre. Zoned B2 Local Centre. ALV of
$1,120,000 or $2,333/m2. Overall the sale is considered inferior to the benchmark.
155143
Due to limited sales, sale from other business components within the district have been used.
Larger, 564 m2 block, situated on Cooper Rd in Yagoona. Zoned B2 Local Centre. ALV of
$1,060,000 or $1,879/m2. Overall the sale is considered inferior to the benchmark.
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BENCHMARK COMPONENT REPORT
DISTRICT:
258 - CANTERBURY-BANKSTOWN
ZONE:
B2 - Local Centre
COMPONENT:
BBZ - B2 CAMPSIE - SECONDARY
BASE DATE:
01/07/2019
PROPERTY ID:
1400617
Valuation of Benchmark Properties
Benchmark Property Address: BEAMISH ST CAMPSIE NSW 2194
Primary/Reference  Reference
Benchmark:
Area:
676.6 M
Previous Base Date and Land Value:
01/07/2018   $3,180,000
Current Base Date: and Land Value:
01/07/2019   $3,180,000
Reflected Factor:  1.00
Benchmark Property Address: BEAMISH ST CAMPSIE NSW 2194
Primary/Reference  Reference
Benchmark:
Area:
240.3 M
Previous Base Date and Land Value:
01/07/2018   $1,100,000
Current Base Date: and Land Value:
01/07/2019   $1,100,000
Reflected Factor:  1.00
Benchmark Property Address: BEAMISH ST CAMPSIE NSW 2194
Primary/Reference  Primary
Benchmark:
Area:
 
Previous Base Date and Land Value:
01/07/2018   $1,410,000
Current Base Date: and Land Value:
01/07/2019   $1,410,000
Reflected Factor:  1.00
Conclusion
There are 78 properties within the component. Component for properties zoned B2 Campsie - Secondary. Due to limited sales
evidence within the component in 2019, sales and trends from other B2 components across the district have also been
considered when arriving at the primary benchmark valuation and component factor of 1.00 for the 2019 base date.
Previous Component Factor:
   1.185
Current Component Factor:
   1.000
*** END OF REPORT ***
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