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NSW › Charlestown › Bula St

1 Bula St, Charlestown NSW 2290

House

$1,400,000

Last sold

22 Mar 2021

4

Bedrooms

3

Bathrooms

3

Car spaces

575.4 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,400,000 (22 Mar 2021).(Recorded sale)
  • FactLand 575 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Charlestown (last 5 years) with land size: median $1,705/m² of land (n=105). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Medium Density Residential (R3) under the Lake Macquarie Local Environmental Plan 2014.(NSW ePlanning Spatial Viewer · 30 Aug 2026)

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?

No verification items generated for this record.

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

What this lot has actually traded at

Last sold

$1,400,000

22 Mar 2021 · derived via latest_sale

Local land rate: recorded House sales in Charlestown (last 5 years) with land size have a median of $1,705/m² of land (n=105). Districts calculation from recorded sales — not a valuation.

Charlestown at a glance

14,377

People

$1,100,000

Median sale

$692/wk

Median rent

3.27%

Suburb gross yield

Median sale from 71 recorded sales (last 12 months) — a Districts calculation.

See the full Charlestown report →

Vs Charlestown

+27.3%

Median sale

Suburb $1,100,000

-0.70 pp

Gross yield

Suburb 3.27%

Suburb median $1,100,000 from 71 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

Lake Macquarie Local Environmental Plan 2014

Zone

Medium Density Residential

R3

Jurisdiction

Lake Macquarie

Lake Macquarie, NSW

Planning overlays

  • heightDetected
  • heritageNot detected

Planning constraints

  • 1110

Development activity

Not detected

Source

  • Provider: NSW ePlanning Spatial Viewer
  • Dataset: Planning Portal Principal Planning — Land Zoning Map
  • Retrieved: 30 Aug 2026
  • Version: 1
  • Parcel: 100678857

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 detected — official

The official layer was queried and no heritage listed area was detected on this parcel (NSW ePlanning Spatial Viewer, retrieved 30 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.

Records

Property history

  1. Listedprice unknowncompleted23 Mar 2021
  2. Listedprice unknowncompleted23 Mar 2021
  3. Sold$1,400,00022 Mar 2021

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?

Confidence: medium

Zoned Medium Density Residential · R3 (Lake Macquarie Local Environmental Plan 2014). Official parcel area about 580 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. If the dual occupancy pathway survives a planner’s check, this lot can outperform a same-suburb house that is hold-as-is only. That is not a forecast. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 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 $692/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

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. 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

This looks more compelling as a land / capital-growth play than a pure yield play — if the dual occupancy pathway survives a planner’s check.

Detail

Zoned Medium Density Residential · R3 (Lake Macquarie Local Environmental Plan 2014). Official parcel area about 580 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

Read more

Achieved rent for this address has not been inferred. Gross yield on advertising copy is not the deal.

Nearby DA pipeline is unknown, so neighbourhood change is not in this verdict.

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.

4 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned Medium Density Residential · R3 (Lake Macquarie Local Environmental Plan 2014). Official parcel area about 580 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • 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?

    Knownmedium

    No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. 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

    Knownmedium

    No development applications were returned for this parcel. That is not a statement about nearby lots.

  • 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

Charlestown in one glance

Charlestown at a glance

14,377

People

$1,100,000

Median sale

$692/wk

Median rent

3.27%

Suburb gross yield

Median sale from 71 recorded sales (last 12 months) — a Districts calculation.

See the full Charlestown report →

Keep researching

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

Listing material

Listed by Presence Real Estate

Eye Catching Sophistication with a Family Friendly Feel

Brought to life through renovations that started around three years ago, this four-bedroom, two-storey home set on a corner block is a picture-perfect example of sophistication with a strong emphasis on liveability. Designed with a deliberate flow from front to back, thoughtful angles and an inherent relaxed feel, this address cleverly integrates indoor and outdoor living. With a mix of intimate spaces and large entertainment areas, the versatility of the home is complemented by its practicality and its style.

Greeted upon entry by a large open-plan living and kitchen space, the home immediately shows itself to be bright and welcoming. Bathed in natural light, the entire space fills with prevailing breezes through the large windows and doors that open to the north facing timber deck. A separate dining room lies just off the living space while a hallway feeds to two bedrooms, both with ceiling fans, one with built-in robe and the other with a walk-in robe, as well as the main bathroom with separate bath and walk-in shower. All effort has been made to continue the appreciation of natural light upstairs, which is showcased by gorgeous 100% New Zealand wool carpeting and two bedrooms, including the large master bedroom which features a beautifully designed ensuite and walk-in wardrobe. At the rear of the house is a second living area which impresses with its open nature gifted by the stunning window-wall and adjacent large glass sliding door that opens to the covered Merbau timber deck. As an entertainment area, the rear of this house has been magnificently imagined, offering plentiful space for large get-togethers in any weather, as well as a heated inground pool with resort-style decking, full coverage lighting and motorized screens. Also at the rear of the property is a separate two-car garage that could be converted into an office, gym or granny flat (STCA). The entire property presents as thoughtfully landscaped with a tropical feel that will not demand high maintenance.

As a sum of its parts this build is immensely impressive, but it's through the interplay of the natural surrounds and living spaces that this home hits supreme heights. Given the exceptional quality of all finishes and materials used it's a home that will provide a magnificent haven for the entire family. And with several well-regarded schools nearby, less than a two-kilometre drive to Charlestown Square and just two and a half kilometres to Dudley Beach, the area itself is an incredibly convenient place to call home.

Read the full description

- Renovated ultra-modern family home with four-bedrooms, three bathrooms, two living areas plus expansive outdoor entertainment space

- Oversized master bedroom with impressive ensuite, walk-in wardrobe and elevated views of bushland

- Kitchen features gas cooking and a Caesarstone island bench that doubles as a breakfast bar

- Zoned, ducted air conditioning throughout, integrated gas heater in main living room

- Imported, lockable Balinese entry gate with intercom system and fully fenced rear yard

- Two concrete driveways plus two separate garages with space for three cars inside and a further three off-street

- Large internal laundry with generous storage options, plus shower and wc

- Rooftop solar panels fitted to significantly reducing annual electricity costs

- Under-home single car garage also features extra storage plus a workshop; whole-home security system has been fitted with category 6 cabling throughout

- Close to several quality schools for all ages, less than 2km to Charlestown Square, several sporting fields and just 2.5km to Dudley Beach

Outgoings:

Council Rates: $2,015.2 approx. per annum

Water Rates: $710.52 approx. per annum

***Health & Safety Measures are in Place for Open Homes & All Private Inspections

***All inspection attendees will have to answer a health and safety survey to qualify for the inspection of the property

Disclaimer:

All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Some of our properties are marketed from time to time without price guide at the vendors request. This website may have filtered the property into a price bracket for website functionality purposes. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing.

Listing description written by Jesse Wilton, 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.