Oak Flats at a glance
7,057
People
$1,055,000
Median sale
$711/wk
Median rent
3.50%
Suburb gross yield
Median sale from 61 recorded sales (last 12 months) — a Districts calculation.
$1,035,000
Last sold
13 Aug 2026
3
Bedrooms
1
Bathrooms
3
Car spaces
697 m²
Land
Districts View
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
$1,035,000
13 Aug 2026 · derived via latest_sale
Local land rate: recorded House sales in Oak Flats (last 5 years) with land size have a median of $1,678/m² of land (n=63). Districts calculation from recorded sales — not a valuation.
Oak Flats at a glance
7,057
People
$1,055,000
Median sale
$711/wk
Median rent
3.50%
Suburb gross yield
Median sale from 61 recorded sales (last 12 months) — a Districts calculation.
Vs Oak Flats
-1.9%
Median sale
Suburb $1,055,000
+0.07 pp
Gross yield
Suburb 3.50%
Suburb median $1,055,000 from 61 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Shellharbour Local Environmental Plan 2013
Zone
Low Density Residential
R2
Jurisdiction
Shellharbour
Shellharbour, 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 maps a heritage listed area touching the boundary of this parcel — at the edge, not across it (NSW ePlanning Spatial Viewer, retrieved 31 Aug 2026). Verify the mapped extent against the title before relying on it either way — this is not an all-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
NSWZoned Low Density Residential · R2 (Shellharbour Local Environmental Plan 2013). Official parcel area about 698 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 $711/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 (Shellharbour Local Environmental Plan 2013). Official parcel area about 698 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 (Shellharbour Local Environmental Plan 2013). Official parcel area about 698 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 698 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
Oak Flats at a glance
7,057
People
$1,055,000
Median sale
$711/wk
Median rent
3.50%
Suburb gross yield
Median sale from 61 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Right Choice Real EstateAnother SOLD by Right Choice, make us your choice...
Set on an impressive 697sqm block, this inviting Oak Flats home offers the kind of space that is becoming increasingly hard to find.
The home features two bedrooms with built-in wardrobes, a separate study and an open-plan living and dining area that forms the heart of the home. A central bathroom is complemented by a second toilet in the laundry, adding extra everyday convenience.
Step outside and the appeal really comes to life. The generous decked alfresco area is ideal for entertaining, relaxing or keeping an eye on the kids while they enjoy the huge backyard. With side access, a separate shed, a double garage and plenty of additional storage, there is space here for cars, tools, toys and everything in between.
Comfortable as it is, the property also offers exciting scope for buyers wanting to update, improve or simply enjoy the space on offer.
Positioned in one of Oak Flats’ most convenient pockets, you are just moments from Oak Flats Village shops and cafés, the train station, local schools, parks, sporting fields and the Lake Illawarra foreshore and walking tracks.
Disclaimer: All information contained here with, including but not limited to the general property description, price and the address, is provided to Right Choice Real Estate by third parties. We have obtained this information from sources we believe to be reliable; however, we cannot guarantee its accuracy. The information contained herewith should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website. Furniture and décor shown in these images may be digitally styled or enhanced for marketing purposes. Property inspections are available 7 days by appointment. For further information, please contact the Sales Team at Right Choice Real Estate.
Listing description written by Josh King, Right Choice Real Estate — reproduced as published, not verified by Districts.