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NSW › Warrawong › First Avenue North

12 First Avenue North, Warrawong NSW 2502

House

$1,200,000

Last sold

23 July 2026

6

Bedrooms

3

Bathrooms

0

Car spaces

677 m²

Land

174 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,200,000 (23 July 2026).(Recorded sale)
  • CalculationRecorded House sales in Warrawong (last 5 years) with land size: median $1,321/m² of land (n=67). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned General Industrial (E4) under the Wollongong Local Environmental Plan 2009.(NSW ePlanning Spatial Viewer · 31 Aug 2026)

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?

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

What this lot has actually traded at

Last sold

$1,200,000

23 July 2026 · derived via latest_sale

Local land rate: recorded House sales in Warrawong (last 5 years) with land size have a median of $1,321/m² of land (n=67). Districts calculation from recorded sales — not a valuation.

Warrawong at a glance

4,692

People

$920,000

Median sale

$489/wk

Median rent

2.76%

Suburb gross yield

Median sale from 33 recorded sales (last 12 months) — a Districts calculation.

See the full Warrawong report →

Vs Warrawong

+30.4%

Median sale

Suburb $920,000

-0.64 pp

Gross yield

Suburb 2.76%

Suburb median $920,000 from 33 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

Wollongong Local Environmental Plan 2009

Zone

General Industrial

E4

Jurisdiction

Wollongong

Wollongong, NSW

Planning overlays

  • heightDetected
  • heritageNot detected

Planning constraints

  • 109

Development activity

Data unavailable

Source

  • Provider: NSW ePlanning Spatial Viewer
  • Dataset: Planning Portal Principal Planning — Land Zoning Map
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 101306743

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 detected — official

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

Property history

  1. Sold$1,200,00023 July 2026
  2. Listedprice unknowncompleted2 Apr 2026
  3. Listedprice unknowncompleted2 Apr 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?

Confidence: medium

Zoned General Industrial · E4 (Wollongong Local Environmental Plan 2009). Official parcel area about 678 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $489/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.

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

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

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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned General Industrial · E4 (Wollongong Local Environmental Plan 2009). Official parcel area about 678 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • 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?

    Knownmedium

    Official parcel about 678 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

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Warrawong in one glance

Warrawong at a glance

4,692

People

$920,000

Median sale

$489/wk

Median rent

2.76%

Suburb gross yield

Median sale from 33 recorded sales (last 12 months) — a Districts calculation.

See the full Warrawong report →

Keep researching

  • Why Warrawong? Read the area thesis →
  • What else is on the market in Warrawong →
  • Other records on First Avenue North →

Listing material

Listed by One Agency Elite Property Group - Shoalhaven

HIGH YIELD DUAL LIVING OPPORTUNITY

Presented by Arlo Jones and Hugo Vincent of One Agency Elite Property Group.

Whether you're looking to maximise your investment returns, accommodate extended family, or secure a property that offers multiple income streams, this fully renovated dual-occupancy opportunity stands apart. Set on a generous 677m² block, this unique property comprises two completely self-contained homes on one title, offering an expected combined rental return of approximately $1,500 per week with separate electricity and NBN connections for each dwelling.

The front residence offers three generous bedrooms, a stylish modern bathroom and a beautifully renovated kitchen designed for comfortable everyday living. Light-filled interiors and elevated ocean views create an inviting atmosphere that will appeal equally to owner-occupiers and quality tenants alike.

Read the full description

Privately positioned at the rear, the second home provides three bedrooms plus a study, a renovated kitchen, modern bathroom and ensuite, making it an ideal second income stream or accommodation for extended family. With its own electricity meter and NBN connection, it operates independently, allowing both residences to be leased separately while maintaining complete privacy.

Connecting the two homes is a peaceful tropical courtyard featuring an outdoor spa and a versatile studio or rumpus room, adding further flexibility for tenants, home businesses, hobbies or additional living space. The low-maintenance design ensures maximum enjoyment with minimal upkeep, making it equally attractive for investors and owner-occupiers.

Located just moments from Warrawong Shopping Centre, schools, public transport and the coastline, this is a rare opportunity to secure a high-performing dual-income property in a convenient lifestyle location. With a price guide of $1,200,000 and an expected rental return of approximately $1,500 per week, this is an outstanding opportunity to generate strong cash flow while benefiting from long-term capital growth.

-Two fully renovated, self-contained homes on one 677m² title

-Expected combined rental return of approximately $1,500 per week

-Separate electricity meters and NBN connections for each dwelling

-Six bedrooms plus a study across both residences

-Two renovated kitchens and three modern bathrooms

-Tropical low-maintenance courtyard with outdoor spa

-Separate studio or rumpus room offering additional flexibility

-Ocean views, split-system air conditioning and a sought-after location close to shops, schools and transport

Listing description written by Arlo Jones, One Agency Elite Property Group - Shoalhaven — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Broadband
  • Built-in Robes
  • Courtyard
  • Deck
  • Dishwasher
  • Ensuites: 1
  • Fully Fenced
  • Living Areas: 3
  • Outside Spa
  • Rumpus Room
  • Study
  • Toilets: 3
  • Water Tank
  • Workshop
Districts

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

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.