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NSW › Nelson Bay › Government Rd

129 Government Rd, Nelson Bay NSW 2315

House

$1,450,000

Last sold

15 June 2026

4

Bedrooms

3

Bathrooms

1

Car spaces

556.4 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 $1,450,000 (15 June 2026).(Recorded sale)
  • FactLand 556 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Nelson Bay (last 5 years) with land size: median $1,827/m² of land (n=61). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Low Density Residential (R2) under the Port Stephens Local Environmental Plan 2013.(NSW ePlanning Spatial Viewer · 30 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

$1,450,000

15 June 2026 · derived via latest_sale

Local land rate: recorded House sales in Nelson Bay (last 5 years) with land size have a median of $1,827/m² of land (n=61). Districts calculation from recorded sales — not a valuation.

Nelson Bay at a glance

5,988

People

$1,045,000

Median sale

$633/wk

Median rent

3.15%

Suburb gross yield

Median sale from 68 recorded sales (last 12 months) — a Districts calculation.

See the full Nelson Bay report →

Vs Nelson Bay

+38.8%

Median sale

Suburb $1,045,000

-0.88 pp

Gross yield

Suburb 3.15%

Suburb median $1,045,000 from 68 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

Port Stephens Local Environmental Plan 2013

Zone

Low Density Residential

R2

Jurisdiction

Port Stephens

Port Stephens, NSW

Planning overlays

  • heightDetected
  • heritageNot detected

Planning constraints

  • 109

Development activity

Not detected

Source

  • Provider: NSW ePlanning Spatial Viewer
  • Dataset: Planning Portal Principal Planning — Land Zoning Map
  • Retrieved: 30 Aug 2026
  • Version: 1
  • Parcel: 100431773

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 30 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.

Records

Property history

  1. Sold$1,450,00015 June 2026
  2. Listedprice unknowncompleted11 Feb 2026
  3. Listedprice unknowncompleted11 Feb 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 Low Density Residential · R2 (Port Stephens Local Environmental Plan 2013). Official parcel area about 557 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 $633/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 (Port Stephens Local Environmental Plan 2013). Official parcel area about 557 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.

4 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned Low Density Residential · R2 (Port Stephens Local Environmental Plan 2013). Official parcel area about 557 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

    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

    Knownmedium

    No development applications were returned for this parcel. That is not a statement about nearby lots.

  • 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

Nelson Bay in one glance

Nelson Bay at a glance

5,988

People

$1,045,000

Median sale

$633/wk

Median rent

3.15%

Suburb gross yield

Median sale from 68 recorded sales (last 12 months) — a Districts calculation.

See the full Nelson Bay report →

Keep researching

  • Why Nelson Bay? Read the area thesis →
  • What else is on the market in Nelson Bay →
  • Other records on Government Rd →

Listing material

Listed by PRD Port Stephens

Luxury Coastal Living

Experience luxury living in this exclusive coastal residence, featuring four bedrooms and three bathrooms, all enhanced by opulent updates that evoke a relaxed beach vibe. Meticulously designed to embrace the northern aspect, this masterpiece offers filtered bay views and gentle ocean breezes. Just steps from Bagnall Beach and close to all the amenities of Nelson Bay, you'll find everything you need right at your doorstep. Enjoy leisurely strolls to Dutchies Beach or explore the bay for a wide range of entertainment options.

This home, spread over two levels, can function as two entirely separate properties. The downstairs area includes one bedroom, a combined laundry and bathroom, a spacious kitchen/dining/lounge area, and a private tropical courtyard, all renovated to a high standard.

Upstairs will impress with its wide timber floorboards, ultra-modern kitchen, and stylish bathrooms. Plantation shutters enhance the Hamptons feel of the property, while spacious living areas can even accommodate a pool table. Tailored lighting, Raffles-style ceiling fans, and abundant natural light add to the home's comfort. The upstairs balcony is a perfect spot for enjoying afternoon drinks while watching the sunset, and the rear deck, complete with a built-in BBQ area, offers an ideal space for family entertaining.

Read the full description

Don't miss this fantastic opportunity to secure your own piece of paradise in Port Stephens.

Please contact Dane Queenan on 0412 351 819 or Erin Sharp on 0400 560 067 to arrange your own private appointment or to receive a full information package including recent sales, building & pest reports, contract for sale and rental appraisals.

Please note virtual furniture has been used in images for marketing purposes.

Disclaimer:

All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Some of our properties are marketed from time to time without a price guide at the vendors request. This website may have filtered the property into a price bracket for website functionality purposes. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing. https://www.prd.com.au/portstephens/privacy-terms-conditions/

Listing description written by Dane Queenan, PRD Port Stephens — 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.