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NSW › Kotara › Rae Cres

126 Rae Cres, Kotara NSW 2289

House

$1,550,000

Last sold

11 Dec 2024

4

Bedrooms

1

Bathrooms

2

Car spaces

1,115 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $1,550,000 (11 Dec 2024).(Recorded sale)
  • FactLand 1,115 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Kotara (last 5 years) with land size: median $1,478/m² of land (n=107). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$1,550,000

11 Dec 2024 · derived via latest_sale

Local land rate: recorded House sales in Kotara (last 5 years) with land size have a median of $1,478/m² of land (n=107). Districts calculation from recorded sales — not a valuation.

Kotara at a glance

4,154

People

$1,062,500

Median sale

$821/wk

Median rent

4.02%

Suburb gross yield

Median sale from 24 recorded sales (last 12 months) — a Districts calculation.

See the full Kotara report →

Vs Kotara

+45.9%

Median sale

Suburb $1,062,500

-1.27 pp

Gross yield

Suburb 4.02%

Suburb median $1,062,500 from 24 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$1,550,00011 Dec 2024
  2. Listedprice unknowncompleted19 Nov 2024
  3. Listedprice unknowncompleted19 Nov 2024

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 $821/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

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

Kotara in one glance

Kotara at a glance

4,154

People

$1,062,500

Median sale

$821/wk

Median rent

4.02%

Suburb gross yield

Median sale from 24 recorded sales (last 12 months) — a Districts calculation.

See the full Kotara report →

Keep researching

  • Why Kotara? Read the area thesis →
  • What else is on the market in Kotara →
  • Other records on Rae Cres →

Listing material

Listed by homeinthehunter

A greenery framed, mediterranean abode.

A truly unique and magnificent property in one of Newcastle's most leafy, central & sought-after family suburbs. This exceptional residence showcases the craftsmanship of its era and has been beautifully brought to life with a thoughtful nod to the picturesque Amalfi coastline; making this not just a home, but a sanctuary in the city.

Originally constructed in 1955 by the Chief Engineer of Newcastle Council and sitting on a lush and verdant 1115m2 the quality construction and north-facing aspect expertly captures the light, green views and coastal breezes ensuring a healthy living environment year-round. Boasting exquisite detailing reflecting the artistry and care that has gone into its restoration, you will love the soaring ceilings, the large handcrafted bricks that have been expertly rendered, the specialised products suitable for asthmatics and the generous room proportions that were typical of this era. This eco design features energy saving passive solar heating and convection cooling thanks to strategically placed double glazed windows.

It is our great privilege to showcase this rare 'forever home', offering an unparalleled lifestyle and possibilities to the family who will embrace its next chapter.

Read the full description

The Highlights:

- A rare 1115m2 parcel in one of Newcastle's very best suburbs, with lush and lovingly tended (many edible) gardens for the children to run free and explore. With 4 bedrooms in the main house and a studio connected to the garage there is plenty of scope for a pool and multi-generational living (STCA).

- 4 generous bedrooms, 3 living zones, a studio, plus a true parents retreat mean that while this home has stood the test of time it is also configured for modern needs.

- Drive-through access to the backyard for plentiful off-street parking for caravans and boats, plus a SLUG & carport, and a lovely studio/workshop for the tradesperson or artist.

- A gorgeous master-escape on the top level with its own oversized entertaining patio sitting under the shade of abundant grape vines for entertaining friends or just enjoying your own oasis away from it all.

- Open-plan living and dining, plus a proper formal lounge and entry with soothing ocean green stone flooring. An additional sitting room with soaring ceilings is on the upstairs level.

- A large kitchen centred around a window bringing light to the cooking zone with chefs stove, dishwasher and plentiful prep and storage space.

- An irreplaceable feeling of privacy and peace, with treetop views that can't be built out, all the way to Blackbutt Reserve.

- Zoned for Kotara South Primary School (200m) and Kotara High School (2.3km).

Location and Lifestyle: Being moments to coffee, walks and water always brings that holiday feeling home and is what makes Kotara so incredibly popular. You are just a 350m stroll down the end of the street to your daily flat white or breakfast at The Letter Q, just 2km to all the trails and adventures at Blackbutt Nature Reserve and only a 10min drive to the sands of Merewether. Families will relish being so close (1.5km) to Kotara Westfields for shopping and Rooftop dining on a Thursday night or weekend adventures chasing waterfalls and mountain bike trails at Glenrock (3.5km). You are also within 15min to John Hunter Hospital, Newcastle University and the Newcastle CBD so anyone's commute is easy and allows them time to still grab their surfboard for a post work or study surf on a weekday.

Listing description written by Daniel & Laura McMahon, homeinthehunter — reproduced as published, not verified by Districts.

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.