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NSW › Warners Bay › Myles Ave

118 Myles Ave, Warners Bay NSW 2282

For saleHouse

$1,280,000

For sale

Asking

4

Bedrooms

2

Bathrooms

3

Car spaces

690.2 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,280,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,280,000(Listing record · 5 Aug 2026)
  • FactLand 690 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Warners Bay (last 5 years) with land size: median $1,776/m² of land (n=77). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 11% above the Warners Bay median recorded sale ($1,150,000, n=49, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Warners Bay's advertised median rent ($703/wk), implied gross yield would be 2.86% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$1,280,000

Asking · $1,855/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Warners Bay (last 5 years) with land size have a median of $1,776/m² of land (n=77). Districts calculation from recorded sales — not a valuation.

Warners Bay at a glance

8,486

People

$1,150,000

Median sale

$703/wk

Median rent

3.18%

Suburb gross yield

Median sale from 49 recorded sales (last 12 months) — a Districts calculation.

See the full Warners Bay report →

Vs Warners Bay

+11.3%

Median sale

Suburb $1,150,000

-0.32 pp

Gross yield

Suburb 3.18%

Suburb median $1,150,000 from 49 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,280,000
Stamp Duty (New South Wales)
$52,412
Transfer/Registration Fee
$167
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,336,279

$56,279 on top of the price (4.4% extra)

  • Stamp Duty (New South Wales)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Warners Bay's advertised median rent — not a rent for this listing.

Net yield
1.36%
Annual cashflow (pre-tax)
$-49,204
Interest cover (DSCR)
0.26
Annual rent
$36,556
Operating expenses
$19,200
Loan amount
$1,024,000
Annual interest
$66,560
Gross yield
2.86%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$1,280,000available5 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $703/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.9%. 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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

Warners Bay in one glance

Warners Bay at a glance

8,486

People

$1,150,000

Median sale

$703/wk

Median rent

3.18%

Suburb gross yield

Median sale from 49 recorded sales (last 12 months) — a Districts calculation.

See the full Warners Bay report →

Keep researching

  • Why Warners Bay? Read the area thesis →
  • What else is on the market in Warners Bay →
  • Other records on Myles Ave →

Listing material

Listed by Presence Real Estate

Birdsong, Bush Views & Inviting Spaces in This Full-Featured Family Home

Tucked away in a peaceful, leafy pocket opposite lush bushland reserves, this clinker-brick beauty feels every bit like a private retreat. Set in a quiet cul-de-sac, it offers an ideal escape from everyday life, with serenity beginning the moment you cross the threshold.

Step inside and you're immediately greeted by crisp, contemporary interiors, lofty ceilings and expansive windows that frame lush green views. Natural light pours in from every angle, creating an inviting sense of calm and connection to the surrounding landscape.

On the entry level, a generous, air-conditioned living room with raked ceilings feels light, airy and inviting, perfect for social evenings. Adjoining, a separate dining room sets the scene for lively family meals and lingering dinner parties with friends.

Read the full description

Beyond, the home opens into an open-plan family zone anchored by a cozy freestanding gas fireplace, but your eyes will be drawn to the sleek, modern kitchen and divine butler's pantry, where durable Dekton porcelain benchtops, streamlined cabinetry and abundant storage will inspire your inner chef. Wide windows pull the greenery indoors so that cooking, chatting and homework all unfold in one warm, light-filled space.

The family room opens onto a superb wrap-around entertainer's deck with timber flooring, Ziptrack pull-down blinds, and ample space for both lounging and hosting, all set against a tranquil bushland backdrop. Below, manicured lawns, mature gardens and a charming paved firepit zone create an inviting retreat. Fire up the BBQ, keep the food and drinks flowing through the servery window, then as night falls, wander down to the firepit to toast marshmallows under the stars.

At day's end, each family member has their own private sanctuary. The main level offers two bedrooms, including a serene master with lush views, a bright modern ensuite and walk-in robe. Upstairs, two more bedrooms, a family bathroom and a cozy lounge form the ultimate kids' haven, complete with glimpses of the lake and blue hills beyond.

With a double garage, single carport, caravan parking pad, extensive under-house storage, ample air-conditioning, this is effortless, nature-connected family living at its finest.

This home takes lifestyle to the next level, surrounded by tranquil bushland walking trails, including direct access to the Great North Walk. Enjoy an easy lake lifestyle with boating, fishing and scenic bike rides on your doorstep. Families will love the nearby attractions, along with quality school zoning for Warners Bay Primary and High. Meanwhile the village offers shops, supermarkets, numerous eateries and a popular hotel, plus commuters will appreciate the convenient access to the bypass.

Experience this tranquil bushland sanctuary for yourself – inspect today to secure your own slice of paradise.

Features include:

• Appealing clinker-brick home with modern interiors in a quiet cul-de-sac right next to bushland reserves.

• Three versatile living areas include a large lounge, a cozy family room with freestanding gas fireplace, and a secluded kids' lounge or playroom.

• Wraparound entertainer's deck with leafy views, with timber flooring and Ziptrack pull-down blinds – perfect for year-round entertaining and relaxation.

• Designer kitchen with a plumbed butler's pantry, complete with a servery window, dishwasher and laundry facilities, all finished with durable Dekton porcelain benchtops, streamlined cabinetry and abundant storage.

• Four spacious bedrooms, each with built-in wardrobes. The master features an ensuite, walk-in robe and air-conditioning. The two upstairs bedrooms feature air-conditioning and enjoy lake glimpses.

• Two bathrooms, including a stylish master ensuite and a good-sized family bathroom with a separate bath and shower. Plus, a guest powder room and linen cupboards on two levels.

• Manicured lawns and mature gardens lead to a charming paved firepit zone with built-in seating. Plus, a newly installed hardwood pergola.

• While generous air-conditioning ensures year-round comfort. In the living areas, new sculptural timber ceiling fans add both style and amenity.

• Remote opening double garage with new motor units, plus a single carport and a handy off-street parking pad for your caravan, boat or trailer.

• Masses of under-house storage for tools, toys and seasonal gear, with ventilation newly installed.

• Serene bushy location near boating, fishing, scenic lakeside trails, as well as schools, two supermarkets, gyms, school holiday entertainment, vibrant eateries, and the Bypass.

outgoings:

Water rates - $851 p.a. approx.*

Council rates - $2,679 p.a. approx.*

Disclaimer:

All information provided by Presence Real Estate in the promotion of a property for either sale or lease has been gathered from various third-party sources that we believe to be reliable. However, Presence Real Estate cannot guarantee its accuracy, and we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements in the information provided. Prospective purchasers and renters are advised to carry out their own investigations and rely on their own inquiries. All images, measurements, diagrams, renderings and data are indicative and for illustrative purposes only and are subject to change. The information provided by Presence Real Estate is general in nature and does not take into account the individual circumstances of the person or persons objective financial situation or needs.

Listing description written by Paula Ashcroft, Presence Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Deck
  • Dishwasher

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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