Rankin Park at a glance
2,700
People
$1,075,000
Median sale
$709/wk
Median rent
3.43%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
NSW › Rankin Park › Cambridge Dr
$894,000
Last sold
9 Mar 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
822 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$894,000
9 Mar 2024 · derived via latest_sale
Local land rate: recorded House sales in Rankin Park (last 5 years) with land size have a median of $1,426/m² of land (n=77). Districts calculation from recorded sales — not a valuation.
Rankin Park at a glance
2,700
People
$1,075,000
Median sale
$709/wk
Median rent
3.43%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Vs Rankin Park
-16.8%
Median sale
Suburb $1,075,000
+0.69 pp
Gross yield
Suburb 3.43%
Suburb median $1,075,000 from 27 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Newcastle Local Environmental Plan 2012
Zone
Low Density Residential
R2
Jurisdiction
Newcastle
Newcastle, NSW
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
The official layer was queried and no heritage listed area was detected on this parcel (NSW ePlanning Spatial Viewer, retrieved 1 Sept 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWZoned Low Density Residential · R2 (Newcastle Local Environmental Plan 2012). Official parcel area about 808 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.
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
No advertised rent is recorded. Suburb median rent $709/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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.
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
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 Low Density Residential · R2 (Newcastle Local Environmental Plan 2012). Official parcel area about 808 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.
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
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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Low Density Residential · R2 (Newcastle Local Environmental Plan 2012). Official parcel area about 808 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
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumOfficial parcel about 808 m² — land size can look like optionality. 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
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Rankin Park at a glance
2,700
People
$1,075,000
Median sale
$709/wk
Median rent
3.43%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by LaneCamposAuction Location: ONLINE ONLY
Discover the epitome of modern living in this beautifully updated and tranquil residence. Immerse yourself in an experience where every detail, from the distinctive timber accents to the bespoke custom cabinetry, tells a story of refined style. The residence seamlessly blends indoor and outdoor living, thanks to the thoughtfully designed alfresco and deck area. Complete with built-in barbeque, benches and expansive bi-fold doors, this is the perfect entertainer.
Boasting impeccable functionality, the tranquil interiors, bathed in natural light, create a serene atmosphere. Surrounded by green vistas and bird song, the home offers a secluded escape reminiscent of a boutique retreat. For those with future dreams, the large block also offers subdivision possibilities. What a find!
Highlights:
-- Approx. 822m2 block
-- Three bedrooms - including robes and ceiling fans
-- Ducted air conditioning
-- Open plan living and dining
-- Expansive deck and entertaining alfresco - includes built-in barbeque and bar fridge
-- Alfresco and deck area overlooks landscaped gardens and offers bush views
-- Renovated kitchen with quality appliances
-- Polished timber floorboards and down lights throughout
-- Slow combustion wood heater in living area
-- Family bathroom with bathtub and separate W.C
-- Plenty of under home storage
-- Separate laundry located on the lower level
-- Double garage with remote door to one side and loads of storage
Here and there:
-- School catchment - Wallsend South Public School - 15min walk (1.2km), Lambton High School - 10min drive (5.1km
-- Elbrook Drive Reserve Playground - 5min walk (800m)
-- John Hunter Hospital - 4min drive (2.2km)
-- Blackbutt Nature Reserve - 7min drive (4.4km)
-- Elermore Vale shopping centre & Hotel Elermore - 21min walk (1.6km)
-- Westfield Kotara - 10min drive (6.3km)
-- Charlestown Square - 10min drive (6km)
-- Warners Bay cafes and Lake Macquarie - 13min drive (9.3km)
-- Merewether Beach - 18min drive (12.3km)
-- Approx. weekly rental return - in the vicinity of $620 - $640
-- Approx. council rates per quarter - $520
-- Approx. water rates per third - $295 (not incl. usage)
This property will be sold via online auction on Saturday 9th March 2024.
For more information, please contact Dave or Bec on 4967 6770.
*Agent declares interest
Disclaimer:
All information contained herein has been gathered from sources we consider reliable. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own inquiries in order to determine whether or not this information is in fact accurate.
Listing description written by Dave Lane, LaneCampos — reproduced as published, not verified by Districts.