Teralba at a glance
2,946
People
$1,150,000
Median sale
$651/wk
Median rent
2.94%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
NSW › Teralba › Caravel St
$1,220,000
Last sold
5 May 2025
4
Bedrooms
2
Bathrooms
3
Car spaces
478 m²
Land
279 m²
Building
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
$1,220,000
5 May 2025 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded House sales in Teralba (last 5 years) with land size have a median of $1,820/m² of land (n=74). Districts calculation from recorded sales — not a valuation.
Teralba at a glance
2,946
People
$1,150,000
Median sale
$651/wk
Median rent
2.94%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
Vs Teralba
+6.1%
Median sale
Suburb $1,150,000
-0.17 pp
Gross yield
Suburb 2.94%
Suburb median $1,150,000 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 31 Aug 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 479 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 $651/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 479 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 479 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?
KnownmediumNo 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
Teralba at a glance
2,946
People
$1,150,000
Median sale
$651/wk
Median rent
2.94%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Presence Real EstateAuction Location: 2/16 Telford Street, Newcastle East & Live via Buy.Realtair.com
Discover unparalleled luxury living at this contemporary McDonald Jones build in the prestigious Billy's Lookout community. Immerse yourself in the beauty of nature with water views and mountain bike trails just steps away. This immaculate home offers a seamless blend of indoor and outdoor living spaces, perfect for entertaining guests or enjoying peaceful moments on the expansive timber deck.
Key Features:
Master Retreat: Wake up to stunning lake views in the oversized master suite, complete with a family-sized ensuite featuring his and her sinks, walk-in-robes, deep bath, and waterfall shower.
Spacious Bedrooms: Three additional generously sized bedrooms, each offering plush carpeting, fans, and ample storage space. One bedroom conveniently located on the ground floor for guests or a home office.
Open-Plan Living: Enjoy light-filled living and dining areas centered around a captivating fireplace, complemented by quality features like VJ Panelling and extra-width sliding doors leading to the alfresco area.
Designer Kitchen: Indulge your culinary desires in the sparkling white kitchen, featuring a chic mirror splashback, chef's stove, pantry, designer pendant lighting, and a feature breakfast bar with thick stone benchtops.
Modern Bathrooms: Luxuriate in the modern main bathroom with a deep bath and thoughtful pendant feature. An additional powder room is provided on the ground level for guests' convenience.
Convenience: Benefit from a garage with internal access, internal soundproofing, ducted A/C, ceiling fans, solar panels, and ample storage options throughout the home.
Location & Lifestyle:
Convenient Access: Just minutes away from Speers Point, the Freeway, Charlestown, Newcastle, and John Hunter Hospital. Easy access to Hornsby ensures effortless commuting.
Recreational Opportunities: Explore the famed Warners Bay Foreshore Walk, indulge in waterfront dining at Mr Sister or Pippis on the Point, and enjoy the Speers Point Farmers Market and Warners Bay brunch spots.
Shopping & Beaches: Close proximity to local supermarkets, shopping centers like Kotara Westfields, and Redhead Beach. The Hunter Valley is also within easy reach for weekend getaways.
Don't miss this opportunity to elevate your lifestyle in one of Lake Macquarie's most sought-after locations. Schedule your viewing today and begin the next chapter of your property journey!
Outgoings
Council rates: $1,266.49 approx per annum
Water rates: $811.98 approx per annum
FRIENDLY AUCTION DISCLAIMER:
This property is being sold under the On-site Friendly Auction System.
An independent pest & building report is available on request at no charge to you. This is the type of report your solicitor would usually recommend purchasing before bidding at an auction or before making an unconditional offer prior to auction and are conducted by a panel of reputable companies. The companies have consented to friendly auction terms and will generally be happy to speak to you about your queries in reports and in most cases transfer the reports into your name if you are the successful buyer at auction or prior to auction.
Flexible deposit and settlement conditions are also available by negotiation with the agent if required.
Offers can also be made prior to auction and each offer will be assessed on its merits.
Live streaming auction. Bid and buy with confidence in this consumer driven, transparent auction system that was pioneered here in Newcastle but is now in use across Australia. We also have a downloadable guide available on our website.
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.