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NSW › Booragul › Gainford St

12 Gainford St, Booragul NSW 2284

House

$775,000

Last sold

5 Dec 2025

3

Bedrooms

1

Bathrooms

1

Car spaces

645 m²

Land

95 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 $775,000 (5 Dec 2025).(Recorded sale)
  • CalculationLand 645 m² against a 95 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Booragul (last 5 years) with land size: median $1,148/m² of land (n=37). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.
  • FactZoned Low Density Residential (R2) under the Lake Macquarie Local Environmental Plan 2014.(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

$775,000

5 Dec 2025 · derived via latest_sale

Local land rate: recorded House sales in Booragul (last 5 years) with land size have a median of $1,148/m² of land (n=37). Districts calculation from recorded sales — not a valuation.

Booragul at a glance

1,651

People

$840,000

Median sale

$574/wk

Median rent

3.55%

Suburb gross yield

Median sale from 13 recorded sales (last 12 months) — a Districts calculation.

See the full Booragul report →

Vs Booragul

-7.7%

Median sale

Suburb $840,000

+0.30 pp

Gross yield

Suburb 3.55%

Suburb median $840,000 from 13 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

Lake Macquarie Local Environmental Plan 2014

Zone

Low Density Residential

R2

Jurisdiction

Lake Macquarie

Lake Macquarie, NSW

Planning overlays

  • heightDetected
  • heritageNot detected

Planning constraints

  • 98.5

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: 100612906

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$775,0005 Dec 2025
  2. Listedprice unknowncompleted17 Nov 2025
  3. Listedprice unknowncompleted17 Nov 2025

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 Low Density Residential · R2 (Lake Macquarie Local Environmental Plan 2014). Official parcel area about 652 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.

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 $574/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

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

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 Low Density Residential · R2 (Lake Macquarie Local Environmental Plan 2014). Official parcel area about 652 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.

Read more

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

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 Low Density Residential · R2 (Lake Macquarie Local Environmental Plan 2014). Official parcel area about 652 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

    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 652 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

Booragul in one glance

Booragul at a glance

1,651

People

$840,000

Median sale

$574/wk

Median rent

3.55%

Suburb gross yield

Median sale from 13 recorded sales (last 12 months) — a Districts calculation.

See the full Booragul report →

Keep researching

  • Why Booragul? Read the area thesis →
  • What else is on the market in Booragul →
  • Other records on Gainford St →

Listing material

Listed by Presence Real Estate

Prime corner block with granny-flat potential (stca) in a popular lakeside location

Occupying a prime corner position close to the lake, parks, and scenic walking trails, this much-loved original home presents an exciting opportunity for first-home buyers, young families, and savvy investors alike - complete with confirmed potential for a secondary dwelling (STCA/CDC).

There's more here than meets the eye. Behind its unassuming facade lies a bright, welcoming home filled with possibilities. The generous open-plan living area is awash with natural light, featuring ceiling fans, air-conditioning, and a gas bayonet for year-round comfort. The adjoining dining space flows effortlessly to a covered outdoor dining area, ideal for soaking up warm summer breezes and entertaining on balmy afternoons. The original kitchen is spotless, offering ample storage and convenient walk-through access to the good-sized laundry.

Three comfortable bedrooms are included, two with air-conditioning and the master with built-in robes. The bathroom is neat and functional, with plenty of storage and a separate toilet. Keen renovators may eye up the potential here to combine these spaces to create a larger, modern bathroom with a full-sized bath.

Read the full description

And then there's the exciting granny flat potential. The side yard, accessed through wide gates, currently hosts a large outdoor entertaining area or man cave, and a substantial garden shed. With plenty of space and its own front access, it's a prime location for a future granny flat (STCA), maximising rental return in this sought-after lakeside pocket.

Fall in love with the relaxed lakeside lifestyle on offer here. Enjoy long lakeside walks, leisurely boat trips, or exploring local galleries and parklands. Families will appreciate the proximity to Booragul Public School (just 500m away), Five Islands Primary, and Lake Macquarie College. Dog lovers are only metres from the Booragul off-leash area, while boating enthusiasts will love the easy access to Marmong Point Boat Ramp. Shopping, dining, and entertainment are just minutes away at Costco and Stockland Glendale, while the vibrant hubs of Toronto and Warners Bay offer cafés, restaurants, and endless weekend adventures. Commuters are well connected too, with Booragul Station a short stroll away and easy access to major arterial routes.

Additional development information and site documentation are available for interested parties.

Inspect today and imagine the possibilities that await in this lakeside gem.

Features include:

- Original, much-loved home in a prime corner block position.

- Open plan living with air-conditioning, ceiling fans, and gas bayonet for year-round comfort.

- Spacious dining area flowing to a covered outdoor dining space, ideal for entertaining and soaking up summer breezes.

- Spotless original kitchen offering ample cupboard space with scope to modernise.

- Three comfortable bedrooms, two with air-conditioning - the master with built-in robes.

- Neat and functional bathroom with a shower and ample storage, plus a separate toilet.

- Separate laundry with loads of storage.

- Generous side yard with large gates, covered outdoor entertaining/man cave area (with power and two natural gas bayonets), and a huge garden shed.

- Granny flat potential (STCA) with potential front access - maximise your rental returns.

- Fantastic location close to the lake, parks, and walking trails - just 500m to Booragul Public School and moments from the dog park, boat ramp and Booragul Station. For further convenience, Woodrising shops and Neighbourhood Centre, plus Toronto and Warners Bay Villages are only a short drive away.

Outgoings:

Council rates - $1,755.16 approx. per annum

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 Mathew (Mat) Nolan, Presence Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Fully Fenced
  • Living Areas: 1
  • Outdoor Entertaining
  • Toilets: 1
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.