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NSW › Sapphire Beach › Iris Cl

1 Iris Cl, Sapphire Beach NSW 2450

House

$1,262,500

Last sold

18 May 2023

4

Bedrooms

2

Bathrooms

2

Car spaces

627.7 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 $1,262,500 (18 May 2023).(Recorded sale)
  • FactLand 628 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Sapphire Beach (last 5 years) with land size: median $1,806/m² of land (n=89). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$1,262,500

18 May 2023 · derived via latest_sale

Local land rate: recorded House sales in Sapphire Beach (last 5 years) with land size have a median of $1,806/m² of land (n=89). Districts calculation from recorded sales — not a valuation.

Sapphire Beach at a glance

2,840

People

$1,185,000

Median sale

$796/wk

Median rent

3.49%

Suburb gross yield

Median sale from 29 recorded sales (last 12 months) — a Districts calculation.

See the full Sapphire Beach report →

Vs Sapphire Beach

+6.5%

Median sale

Suburb $1,185,000

-0.21 pp

Gross yield

Suburb 3.49%

Suburb median $1,185,000 from 29 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$1,262,50018 May 2023
  2. Listedprice unknowncompleted28 Mar 2023
  3. Listedprice unknowncompleted28 Mar 2023

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 $796/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

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

Sapphire Beach in one glance

Sapphire Beach at a glance

2,840

People

$1,185,000

Median sale

$796/wk

Median rent

3.49%

Suburb gross yield

Median sale from 29 recorded sales (last 12 months) — a Districts calculation.

See the full Sapphire Beach report →

Keep researching

  • Why Sapphire Beach? Read the area thesis →
  • What else is on the market in Sapphire Beach →
  • Other records on Iris Cl →

Listing material

Listed by Dobbs & Co.

Level Family Home With Room For The Van

Positioned on a level, corner allotment in a quiet cul-de-sac and being one of the largest land holdings within the sought after “Sugarmill” at North Sapphire Beach Estate, this truly is coastal living at its best. The home has been customized by the current owners who wanted to make sure they could have a home with all the trimmings, whilst still having a yard and room for their caravan…. they have certainly delivered on this. Inside the expansive 282.67m2 floor plan offers four bedrooms, with the master bedroom offering a spacious private ensuite that features a bathtub, twin vanities, shower and toilet and a huge 3.3m x 2.5m walk in wardrobe. The three guest or kid's bedrooms all have built in wardrobes and are serviced by the main bathroom, there is also a separate toilet for modern day convenience.

When it comes to entertaining with family or friends, this home will be the ideal place to cater for them. The kitchen is of impressive proportions and features stone benchtops, double ovens and a 2.95m x 2.1m walk in pantry that has also been set up with bench space for your appliances. The kitchen connects perfectly to the main living and dining space and through the glass stacker doors to the outdoor alfresco area. Outside you can relax in the spa or sit around the custom sandstone seating area by the firepit and unwind. The lawns are gardens have all been designed to be low maintenance, which means you can head away in your van and not have to worry to much upon your return. Other great features of this property are the activity room which also features a robe should you require more bedrooms, the generous media room, ducted air conditioning, solar power, side access for the caravan with gates and a reserve at the end of the cul-de-sac. With many walking tracks to the beach and the much-loved Beachstone Cafe, walking paths to Moonee Beach and only a 7min approx. drive to the major shopping centers, this is an opportunity not to be missed.

Council Rates: $3318 p/a

Read the full description

Zoning: R2

Land Size: 627.7m2

Year Built: 2018

Listing description written by Nathan Dobbs, Dobbs & Co. — 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.