Kilaben Bay at a glance
1,691
People
$1,040,430
Median sale
$390/wk
Median rent
1.95%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
NSW › Kilaben Bay › Kilaben Rd
$4,700,000
Last sold
19 Oct 2022
5
Bedrooms
3
Bathrooms
8
Car spaces
2,280 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
$4,700,000
19 Oct 2022 · derived via latest_sale
Local land rate: recorded House sales in Kilaben Bay (last 5 years) with land size have a median of $1,228/m² of land (n=26). Districts calculation from recorded sales — not a valuation.
Kilaben Bay at a glance
1,691
People
$1,040,430
Median sale
$390/wk
Median rent
1.95%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Vs Kilaben Bay
+351.7%
Median sale
Suburb $1,040,430
-1.52 pp
Gross yield
Suburb 1.95%
Suburb median $1,040,430 from 8 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Lake Macquarie Local Environmental Plan 2014
Zone
Low Density Residential
R2
Jurisdiction
Lake Macquarie
Lake Macquarie, 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 31 Aug 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 (Lake Macquarie Local Environmental Plan 2014). Official parcel area about 2,302 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 $390/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 (Lake Macquarie Local Environmental Plan 2014). Official parcel area about 2,302 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 (Lake Macquarie Local Environmental Plan 2014). Official parcel area about 2,302 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 2,302 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
Kilaben Bay at a glance
1,691
People
$1,040,430
Median sale
$390/wk
Median rent
1.95%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Presence Real EstateAuction Location: 2/16 Telford Street, Newcastle East and Live via Buy.Realtair.com
Nothing beats launching your cruiser from your own slipway and sailing around magical Lake Macquarie anytime you like. The aquatic playground that lies beyond the boundary of this absolute waterfront home will be a constant source of entertainment and leisure for the whole family. When you return to shore, the kids can hop off on the private jetty as you stow the boat in the twin shed, and everyone can cool off in the pool or enjoy a game of tennis on the full-size court. With so much to enjoy inside, lakeside, poolside and courtside, this grand family home delivers the ultimate environment for luxurious living and large-scale entertaining.
A prestige Kilaben Bay residence since built in 1983, this voluminous home continues to impress with exceptional family living inside and out. An approximate 80m driveway provides immense privacy from the street. Designed over two levels linked by an external lift, take advantage of three separate living areas, five bedrooms, three bathrooms, two kitchens, and multiple alfresco entertaining spaces. This is the ultimate home for hosting guests, with an option to self-contain each floor for multi-generational family living.
Spectacular is used frequently when describing an exceptional view from a property; in this case the word can't begin to convey the extraordinary water vistas captured from multiple vantage points throughout the home. Wake up to the sheer beauty of the sun rising over Coal Point and the yachts bobbing on Kilaben Bay, with an uninterrupted outlook stretching across to Rathmines and Styles Point.
And just when you think this home couldn't get any better, you find the two separate four-car garages, each with their own toilet, and one with three-phase power. Whether you're a seasoned boatie or motor enthusiast, this property really is a dream come true.
Offered for sale for the first time, there is some scope to modernise this flawless home, ensuring its legacy is maintained and celebrated for many years to come.
Befitting a home of this calibre, the comprehensive list of quality extras includes:
- Private jetty, twin motorized slipways and double boathouse with 3-phase power
- A mix of split system a/c and ducted air-conditioning plus a natural gas Vulcan heater
and a secondary gas heater in the parents' retreat
- Solar electricity panels and solar hot water to keep running costs down
- Updated ovens in main kitchen fitted with gas cooktop and dishwasher
- Lake view entertaining room with wet bar, poolside cabana with barbecue
- Stunningly renovated main bathroom, master ensuite with multi-jet shower
- External lift, safe, back to base security system with 8 cameras
- Full-size tennis court, gas heated swimming pool
Outgoings :
Water rates - $718 per annum approx.*
Council rates - $3,600 per annum approx.*
This property is being sold under the Online Friendly Auction System.
An independent pest & building report is available on request at no charge to you. This is the type of report your solicitor would usually recommend purchasing before bidding at an auction or before making an unconditional offer prior to auction and are conducted by a panel of reputable companies. The companies have consented to friendly auction terms and will generally be happy to speak to you about your queries in reports and in most cases transfer the reports into your name if you are the successful buyer at auction or prior to auction: see each report for details.
Flexible deposit and settlement conditions are also available by negotiation with the agent if required.
Offers can also be made prior to auction and each offer will be assessed on its merits.
Live streaming auction. Bid and buy with confidence in this consumer driven, transparent auction system that was pioneered here in Newcastle but is now in use across Australia. We also have a downloadable guide available on our website.
***Health & Safety Measures are in Place for Open Homes & All Private Inspections
Disclaimer:
All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Some of our properties are marketed from time to time without price guide at the vendors request. This website may have filtered the property into a price bracket for website functionality purposes. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing.
Listing description written by Bree Atkinson, Presence Real Estate — reproduced as published, not verified by Districts.
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