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 › Coldstream Cres
$810,000
Last sold
4 Feb 2022
3
Bedrooms
1
Bathrooms
1
Car spaces
462 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
$810,000
4 Feb 2022 · derived via latest_sale
Local land rate: recorded House sales in Rankin Park (last 5 years) with land size have a median of $1,398/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
-24.7%
Median sale
Suburb $1,075,000
+1.12 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 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 Green Street PropertyThis appealing 1970-built weatherboard and tile home, situated in the leafy and tranquil suburb of Rankin Park, boasts gorgeous timber floors, a very thoughtful and practical floor plan and loads of family and entertaining space. Providing plenty of off-street parking, a fully fenced, level yard, sunny NNE aspect and access to bush reserve and creek behind, this home will be popular with busy families and nature lovers.
The spacious family kitchen with electric cooking and dishwasher is centrally nestled between the huge formal lounge and the light and spacious family/dining, while there is yet more space to relax, work or play in the roomy rumpus at the rear of the home. Three good-sized bedrooms, all with downlights, fans and built-ins, are positioned close to the main bathroom with bath, a separate toilet and a very handy two-way laundry.
Conveniently located between Grandview Road and McCaffrey Drive, the location of this comfortable home is pleasant and peaceful, while you still have easy access to John Hunter hospital, transport options for all ages with bus stops nearby, and local shopping at Elermore Vale only minutes away. In this position, you are zoned for popular and highly regarded schools, surrounded by local parks, playgrounds and sporting fields and a short 20-minute drive to Newcastle CBD and the beautiful beaches.
•
Air conditioned
• Separate formal lounge, family/dining plus huge rumpus room
• All 3 bedrooms have built-in-robes, downlights and fans
• Main bathroom includes bath, plus separate toilet
• Conveniently located for access to John Hunter Hospital, great schools and transport
• Zoned for Wallsend South PS a short 500m walk and Lambton High School
• Backing onto Blue Wren Creek and bush reserve with NNE aspect
• Elermore Vale Shopping Centre is within walking distance
• Surrounded by local parks, playgrounds and sporting fields
Council Rates: Approx. $1,850 p.a.
Water Rates: Approx. $814.91 p.a.
(We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.)
Important COVID-19 Update:
- Safety Precautions -
A face mask must be worn at all times during any private inspection or open home that takes place as well as social distancing and hand sanitisation.
Listing description written by Green St Property Sales, Green Street Property — reproduced as published, not verified by Districts.
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