Lake Heights at a glance
4,007
People
$920,500
Median sale
$725/wk
Median rent
4.10%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
NSW › Lake Heights › Shearwater Dr
$1,090,000
Last sold
3 Sept 2022
5
Bedrooms
3
Bathrooms
2
Car spaces
631 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
$1,090,000
3 Sept 2022 · derived via latest_sale
Local land rate: recorded House sales in Lake Heights (last 5 years) with land size have a median of $1,408/m² of land (n=108). Districts calculation from recorded sales — not a valuation.
Lake Heights at a glance
4,007
People
$920,500
Median sale
$725/wk
Median rent
4.10%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
Vs Lake Heights
+18.4%
Median sale
Suburb $920,500
-0.64 pp
Gross yield
Suburb 4.10%
Suburb median $920,500 from 48 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 $725/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
Lake Heights at a glance
4,007
People
$920,500
Median sale
$725/wk
Median rent
4.10%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ianni & Co. PropertySpacious, elaborate and grandiose – words that come to mind when you first enter this substantial tri-level family home. Elevated not only in position, but also quality, with spectacular unobstructed views to Lake Illawarra and overlooking the undulating hills of the region. The expansive views are almost as vast as the space created within this superior home. Parading a plethora of indoor and outdoor spaces simply unparalleled in other homes of this calibre.
A cascading floor plan provides volumes of space only limited by your imagination, including three flexible living areas plus formal dining, a designated study or fifth bedroom, a huge eat-in kitchen and restful flow to a series of sun-kissed alfresco and outdoor entertaining zones. Capitalising on the regions natural beauty and a sense of privacy, this strong and impressive abode has it all. Grand proportions is the motto, with further scope to create, improve and indulge your architectural skills. Opportunity awaits where the sky is the limit!
This beautiful family home showcases:
- Tiled and timber flooring throughout, with feature granite staircases
- Luxurious master retreat with walk-in-robe and generous ensuite
- Basement with private rear access; the ideal space for a self-contained living space, teenager retreat, home gym or games room.
- Lockable full brick and concrete under house storage, ready for a workshop or even a wine cellar.
- Polyurethane kitchen with 900mm Ilve oven, granite benchtops and splashback
- Move straight in or invest with an estimated rental return of $750 - $800 per week
- Midpoint between the Illawarra's most iconic regional locations, with Wollongong's CBD 11km to the North and Shellharbour City 15km to the South.
Savour the quiet surrounds while being conveniently located only 5km from stunning Port Kembla Beach and Pool or Warrawong's Shopping District with a wide selection of supermarkets, boutique shops and entertainment options. Within a short 6-minute drive, you will be at Illawarra Sports High School and beautiful Kulla Bay Park - the perfect spot for a morning run with the dog along the coastal walkway. Immerse yourself in Warrawong's cultural precinct and ample eateries, which are just a short 7-minute drive away.
This prestigious home is fit for the growing family or those seeking large proportions. A stunning home built to last and a great opportunity for the next lucky owner!
Listing description written by James Ianni, Ianni & Co. Property — reproduced as published, not verified by Districts.