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 › Davenport St
5
Bedrooms
3
Bathrooms
4
Car spaces
18,200 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Rankin Park (last 5 years) with land size have a median of $1,412/m² of land (n=78). 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.
Planning
Planning data is being calculated
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.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning 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.
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
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
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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 Century 21 NovocastrianDuring this current global health crisis we are no longer showing properties by way of open home. Instead, we are showing properties through private inspections to ensure the health and safety of buyers, our clients who are selling their homes and our staff here at Century 21. Please contact one of the listing agents to book an inspection. If you do not feel comfortable viewing the property we are offering inspections via Facetime or video call. Thank you for understanding as we adapt to help our clients sell, buy, and keep the local market in Newcastle moving.
UNIQUE INDEED IN EVERY SENSE – Almost 5 acres with main residence, secondary cottage PLUS development (sub division) potential.
Rarely do you see such opportunity come to the market, especially in such a central inner suburban location. Such rural/residential lifestyle is usually an hour drive from City. The land has following attributes:
- Zoned Residential (R2) Lake Macquarie LEP.
- Total of 1.82 Hectares (Approx. 4.6 acres).
- Level to gently rolling topography-fenced.
- 2 access points at opposing ends of property.
The home offers great comfort for family lifestyle.
- Sandstock brick construction with timber cathedral ceilings.
- Main house has 4 bedrooms, 2 bathrooms (including ensuite).
- Large formal lounge-dining; huge rumpus/billiard room, family/meals room off kitchen.
- Gorgeous kitchen with commercial grade stove/cooker - A chef's dream!
- Large garage/workshop up to 4 vehicles, with extra toilet. Many extras being left for home maintenance.
- Home design surrounds inground pool/outdoor entertainment area which includes sauna.
- Secondary brick cottage has large bedroom with WIR, bathroom, large living space and kitchen space.
This is a home with extreme privacy, in a stunning rural type environment, yet you are only 15 minutes from John Hunter Hospital, shopping centres and a plethora of schools. Convenience IS a cornerstone!
Whether you seek a convenient City hideaway OR property with development opportunity this is one which should be inspected as chances are, you will never find another like this. Vendor is committed to sell and sales details are noted.
CALL AGENT FOR FURTHER INFORMATION OR INSPECTION DETAILS!
Listing description written by Wayne Stewart, Century 21 Novocastrian — reproduced as published, not verified by Districts.
Also look at
5 Cambridge Dr, Rankin Park NSW 2287
3-bed house for sale. Asking $960K–$1.05M.
21 Hutcheson Ave, Rankin Park NSW 2287
4-bed house for sale. Currently listed.
26 Quarterhorse Dr, Rankin Park NSW 2287
Property. Asking $910K.
9 Rosedale Cres, Rankin Park NSW 2287
3-bed house for sale. Currently listed.