Ocean Shores at a glance
6,093
People
$1,297,500
Median sale
$900/wk
Median rent
3.61%
Suburb gross yield
Median sale from 62 recorded sales (last 12 months) — a Districts calculation.
NSW › Ocean Shores › Balemo Dr
$1,390,000–$1,520,000
For sale
Asking range
4
Bedrooms
3
Bathrooms
3
Car spaces
602.3 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
Asking
$1,390,000–$1,520,000
Asking range · $2,308/m² of land
No recorded sale for this property.
Ocean Shores at a glance
6,093
People
$1,297,500
Median sale
$900/wk
Median rent
3.61%
Suburb gross yield
Median sale from 62 recorded sales (last 12 months) — a Districts calculation.
Vs Ocean Shores
+7.1%
Median sale
Suburb $1,297,500
-0.24 pp
Gross yield
Suburb 3.61%
Suburb median $1,297,500 from 62 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$62,329 on top of the price (4.5% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Ocean Shores's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 $900/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.
Gross yield if leased at the suburb aggregate is 3.4%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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
Ocean Shores at a glance
6,093
People
$1,297,500
Median sale
$900/wk
Median rent
3.61%
Suburb gross yield
Median sale from 62 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Byron Shire Real EstateBuilt in 2024 and designed with quality, functionality and flexibility in mind, this impressive dual occupancy property presents an outstanding opportunity for homeowners and investors alike.
Set on a north facing, elevated and low maintenance 602m2 block, the property comprises a beautifully finished three bedroom, two bathroom main residence, along with a completely self contained, autonomous granny flat positioned at the front of the block. Both homes feature high ceilings, contemporary finishes and a level of craftsmanship that reflects the owner builder's quality of work.
Cleverly designed to maximise space and natural light, both homes offer generous proportions, thoughtful layouts and quality construction throughout.
Whether you're looking to accommodate extended family, generate a strong passive income or secure a high performing investment, this property delivers outstanding versatility. Currently returning approximately $1,400 per week, them main house has been rented at $900 per week and the granny flat at $500 per week - it offers immediate income with excellent long term appeal. The full Depreciation Schedule for both properties is available on request.
Conveniently located with easy access to the M1, and just minutes from pristine beaches, local cafes, restaurants and shopping, this is a rare opportunity to secure a quality built dual occupancy in one of Ocean Shores' most convenient locations.
Features include:
- Dual occupancy on one title, built in 2024
- North facing, elevated 602m2 low maintenance block
- Three bedroom, two bathroom main residence
- Main residence with 3.5kW solar system and 3,000L rainwater tank
- Separate fully self contained granny flat with rainwater tank
- High ceilings throughout both homes
- Contemporary kitchens and bathrooms with quality finishes
- Air conditioning and ceiling fans throughout
- Thoughtfully designed layouts with generous proportions
- Approximately $1,400 per week income as a permanent let
- Full Depreciation Schedule for both properties available on request
- Easy access to the M1 motorway
- Minutes to beaches, cafes, restaurants and shopping
A quality dual living opportunity that offers lifestyle, flexibility and exceptional investment credentials.
Contact Todd or Gary today to arrange your private inspection.
Property Code: 1536
Listing description written by Gary Brazenor, Byron Shire Real Estate — reproduced as published, not verified by Districts.