Cardiff at a glance
7,014
People
$909,000
Median sale
$656/wk
Median rent
3.75%
Suburb gross yield
Median sale from 56 recorded sales (last 12 months) — a Districts calculation.
NSW › Cardiff › Macquarie Rd
$1,200,000
Last sold
31 Mar 2025
6
Bedrooms
2
Bathrooms
2
Car spaces
549 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
$1,200,000
31 Mar 2025 · derived via latest_sale
Cardiff at a glance
7,014
People
$909,000
Median sale
$656/wk
Median rent
3.75%
Suburb gross yield
Median sale from 56 recorded sales (last 12 months) — a Districts calculation.
Vs Cardiff
+32.0%
Median sale
Suburb $909,000
-0.91 pp
Gross yield
Suburb 3.75%
Suburb median $909,000 from 56 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Lake Macquarie Local Environmental Plan 2014
Zone
Medium Density Residential
R3
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 Medium Density Residential · R3 (Lake Macquarie Local Environmental Plan 2014). Official parcel area about 521 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 $656/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 Medium Density Residential · R3 (Lake Macquarie Local Environmental Plan 2014). Official parcel area about 521 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 Medium Density Residential · R3 (Lake Macquarie Local Environmental Plan 2014). Official parcel area about 521 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?
KnownmediumNo 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
Cardiff at a glance
7,014
People
$909,000
Median sale
$656/wk
Median rent
3.75%
Suburb gross yield
Median sale from 56 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate Lake MacquarieHere is your opportunity to acquire the perfect investment property as this centrally located generously sized brick & tiled duplex, offers exceptional versatility, strong rental potential, and an enviable position close to all amenities. Whether you're an astute investor looking to maximize returns or a savvy buyer seeking to live in one and rent the other, this property delivers endless possibilities.
Unit 1 & Unit 2 are mirror imaged & both include:
3 spacious bedrooms, all with built-in wardrobes
The 3rd bedroom has been converted into a second living space in both units but could be easily converted back into a 3rd bedroom.
Open-plan living and dining area bathed in natural light & high ceilings.
Tidy kitchen with ample cupboard space and electric cooking & breakfast bar.
Neat and tidy bathroom with separate bath, shower, vanity & W/C.
Lockup car garage with rear laundry & second W/C.
Outdoor undercover area to enjoy a drink in the low maintenance yard.
A true surprise package these are deceptively large residences and the size will surprise.
Additional Highlights:
Land Size Approx. 549m2 with 29.1m Frontage & 17.6m Depth
Land Rates Approx. $615.40 Per Quarter
Water Rates Approx. $265.40 Per Quarter
Unit 1 Currently returning $480 Per Week - Lease expires 29/5/25
Unit 2 currently returning $465 Per Week - Lease expires 23/9/25
Potential rental return $600 Per Week if 2nd living is reverted back into a 3rd bedroom.
Both tenants have been long term tenants & would love to stay.
Close to local schools, shopping centres, parks, public transport, and essential services. Enjoy convenience at your doorstep with easy access to major roadways, train station, Lake Macquarie, everything is at your fingertips.
With demand for multi-living options on the rise, this property is a rare find in today's market. Whether you're looking to rent both units, occupy one while generating income from the other, or hold as a long-term investment, the options are endless.
Don't miss out on this exceptional opportunity to secure a dual-income property in a sought-after location. Enquire today to arrange a private inspection!
For further information contact the local area's first choice for real estate Troy Duncan on 4950 8555
First National Real Estate Lake Macquarie are your local experts for the Lake Macquarie and Newcastle area, we proudly market this home and are always looking for more homes to sell. If you would like honest, expert advice to achieve excellent results, call us on 4950 8555 to discuss your home.
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. 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 Troy Duncan, First National Real Estate Lake Macquarie — reproduced as published, not verified by Districts.