Corlette at a glance
5,569
People
$1,205,000
Median sale
$742/wk
Median rent
3.20%
Suburb gross yield
Median sale from 72 recorded sales (last 12 months) — a Districts calculation.
$880,000
Last sold
8 May 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
281 m²
Land
140 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
$880,000
8 May 2024 · derived via latest_sale
Local land rate: recorded House sales in Corlette (last 5 years) with land size have a median of $2,113/m² of land (n=94). Districts calculation from recorded sales — not a valuation.
Corlette at a glance
5,569
People
$1,205,000
Median sale
$742/wk
Median rent
3.20%
Suburb gross yield
Median sale from 72 recorded sales (last 12 months) — a Districts calculation.
Vs Corlette
-27.0%
Median sale
Suburb $1,205,000
+1.18 pp
Gross yield
Suburb 3.20%
Suburb median $1,205,000 from 72 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
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.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning 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.
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
No advertised rent is recorded. Suburb median rent $742/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
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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
Corlette at a glance
5,569
People
$1,205,000
Median sale
$742/wk
Median rent
3.20%
Suburb gross yield
Median sale from 72 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Raine & Horne Port StephensElegantly presented within a tranquil Corlette enclave, this duplex epitomizes privacy while being conveniently located within a flat 10-minute walk (2-minute drive) from a secure swimming beach and waterfront. The residence exudes a modern classic coastal ambiance, characterized by abundant natural light in every direction.
The spacious living room seamlessly connects to an open-plan kitchen with a walk-in pantry, a supplementary pantry cupboard and quality appliances. Glass sliding doors link the indoor and outdoor areas seamlessly, leading to a covered area featuring a newly installed movable louvered pergola - an ideal spot for alfresco dining or leisurely afternoons.
Reverse cycle air conditioning, downlights and plantation shutters are key features that enhance liveability and add an extra touch of sophistication.
The home boasts three generously sized bedrooms, each exceeding standard dimensions, and outfitted with built-in wardrobes and air conditioning for utmost comfort. Furthermore, the master bedroom is complemented by an ensuite, featuring a spacious walk-in robe and balcony, providing a luxurious retreat for relaxation and indulgence.
The central three-way luxurious bathroom serves as a retreat with a spa bath, upgraded walk-in shower, and double vanity, catering to both family living and visitors, complemented by a convenient third toilet downstairs.
Distinguishing features include a 16-panel solar system - 6.5Kw, newly installed plantation shutters, abundance of storage and extra storage under the stairs, Crimsafe doors throughout, as well as upgraded fast NBN for optimal remote work capabilities.
Practical amenities encompass side access for a boat or trailer, a single lock-up garage with a remote-controlled door with internal access, and an additional dedicated car space.
Situated in a central locale, residents enjoy easy access to the amenities of Salamander Bay and Corlette, as well as a choice of beaches and Nelson Bay town centre.
Fully renovated and Torrens titled, this residence seamlessly combines sophistication with functionality, offering an idyllic coastal lifestyle.
Don't miss the opportunity to view this remarkable duplex. Contact me now to schedule a viewing and experience its beauty firsthand.
Every care has been taken to verify the accuracy of the information contained in this advertising copy, but no warranty (either expressed or implied) is given by Raine & Horne or its agent as to the accuracy of the contents. Purchasers should conduct their own investigations into all matters relating to the proposed purchase of the property.
Listing description written by Louise Highnam, Raine & Horne Port Stephens — reproduced as published, not verified by Districts.