Caves Beach at a glance
3,906
People
$1,580,000
Median sale
$766/wk
Median rent
2.52%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
NSW › Caves Beach › Macquarie Grove
$1,050,000
Last sold
13 Aug 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
600 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
$1,050,000
13 Aug 2024 · derived via latest_sale
Local land rate: recorded House sales in Caves Beach (last 5 years) with land size have a median of $2,226/m² of land (n=109). Districts calculation from recorded sales — not a valuation.
Caves Beach at a glance
3,906
People
$1,580,000
Median sale
$766/wk
Median rent
2.52%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
Vs Caves Beach
-33.5%
Median sale
Suburb $1,580,000
+1.27 pp
Gross yield
Suburb 2.52%
Suburb median $1,580,000 from 31 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Lake Macquarie Local Environmental Plan 2014
Zone
Low Density Residential
R2
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 1 Sept 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 Low Density Residential · R2 (Lake Macquarie Local Environmental Plan 2014). Official parcel area about 601 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 $766/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 Low Density Residential · R2 (Lake Macquarie Local Environmental Plan 2014). Official parcel area about 601 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 Low Density Residential · R2 (Lake Macquarie Local Environmental Plan 2014). Official parcel area about 601 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?
KnownmediumOfficial parcel about 601 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
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
Caves Beach at a glance
3,906
People
$1,580,000
Median sale
$766/wk
Median rent
2.52%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by SOLD Real EstateThis isn't just any old property, it's an especially rare find in a coveted location.
You know what we are going to say next because it's the biggest cliche in the business, but it's true, this is a "LOCATION, LOCATION, LOCATION" property!
It's definitely not the prettiest property in town, but it's right in the sweet spot, literally a short stroll to the beach, Caves Beach Surf Club's patrolled sand and surf, with gorgeous cafes, restaurants, hotel and everyday shops and conveniences.
The home has been in the family since the initial build and has seen the town of Caves Beach transform around it. Internally the home has kept an original design and presentation with three beds to the upper level, kitchen, bathroom and large living area that walks out to the wrap around veranda.
The lower level of the home has been used as separate living quarters with fourth bedroom and combined laundry and bathroom.
Oversized garaging and workshop complete the lower level of the home where tools, cars and all the toys have held their place over the years. With the deck doubling up as a carport.
Promising potential plus, builders will love the bones, cosmetic surgeons/renovators and weekender buyers will froth on the layout, with open plan living and kitchen up top, 50kg max capacity front and back decks ;) offer inspirational extension opportunities.
There's also the potential to build a stylish new duplex, where you can live in one and sell the other to help pay for your new home and fund your dream lifestyle. Or if you can work with the existing bones and extend or knockdown and rebuild the ultimate coastal beach house on the entire block.
Alternatively you could live in one and rent the other permanently or as a weekender, providing you with an income in your retirement years.
If you can afford to hold onto both, this will be a location that will only grow in value and pay dividends in the future, securing a steady income until you're ready to settle down or retire in this idyllic location.
Whether you dream of a sophisticated or simple renovation or envision a brand-new build, this spot provides the perfect foundation against an unbeatable beachfront reserve backdrop to work with.
• Prime corner block location in the highly sought and tightly held Caves Beach locale
• Dual street access and flat level block of approx. 600sqm offers endless possibilities for redevelopment or renovation making it an attractive proposition for developers, builders or seasoned renovators looking to capitalise on its potential
• The four bedroom home has been in the family since construction and boasts a two storey design with kitchen, living and three bedrooms upstairs
• Lower level of the home has been used as separate accommodation for family with bedroom and bathroom and internal access to the massive double garage and workshop area
• Enviable Caves Beach location known for its coastal lifestyle of pristine beaches, walking trails, parks, cafes, restaurants and local shops
• Build your dream home, invest in your future retirement plan or pick up as a weekender
Located just an hour from Hornsby and a mere 30 minutes to Newcastle, this property is more than just a home, it's a getaway retreat.
The local community is vibrant and welcoming, with a charming village atmosphere. You'll find a variety of cafes, restaurants, and boutique shops just a short stroll away, providing all the amenities you need for a comfortable lifestyle. Excellent schools, parks, and recreational facilities are also within easy reach, making it an ideal location for families and professionals alike.
Don't let this rare chance pass you by…
Whether you're after a weekend sanctuary, a peaceful retirement spot, or a wise investment, this property is a dream waiting to be realised…
Reach out to us today, and let's turn your beachside dream into reality…
Available at Auction or happy to hear offers prior…
*Information in this advertisement is provided as-is. While we strive for accuracy, we do not guarantee the completeness or reliability of the details herein. Prices and conditions are subject to change without notice. Buyers should verify all information independently.
** All potential develop subject to council approval
Listing description written by Shanti Page, SOLD Real Estate — reproduced as published, not verified by Districts.
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