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NSW › Caves Beach › Park Ave

149 Park Ave, Caves Beach NSW 2281

House

$1,125,000

Last sold

26 June 2026

3

Bedrooms

1

Bathrooms

2

Car spaces

725 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 $1,125,000 (26 June 2026).(Recorded sale)
  • FactLand 725 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Caves Beach (last 5 years) with land size: median $2,226/m² of land (n=109). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Low Density Residential (R2) under the Lake Macquarie Local Environmental Plan 2014.(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

$1,125,000

26 June 2026 · 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.

See the full Caves Beach report →

Vs Caves Beach

-28.8%

Median sale

Suburb $1,580,000

+1.02 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 and development

Planning scheme

Lake Macquarie Local Environmental Plan 2014

Zone

Low Density Residential

R2

Jurisdiction

Lake Macquarie

Lake Macquarie, NSW

Planning overlays

  • heightDetected
  • heritageNot detected

Planning constraints

  • 98.5

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: 100751067

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$1,125,00026 June 2026
  2. Listedprice unknowncompleted5 June 2026
  3. Listedprice unknowncompleted5 June 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 (Lake Macquarie Local Environmental Plan 2014). Official parcel area about 727 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 $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.

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 (Lake Macquarie Local Environmental Plan 2014). Official parcel area about 727 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 (Lake Macquarie Local Environmental Plan 2014). Official parcel area about 727 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

    Official parcel about 727 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

    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

Caves Beach in one glance

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.

See the full Caves Beach report →

Keep researching

  • Why Caves Beach? Read the area thesis →
  • What else is on the market in Caves Beach →
  • Other records on Park Ave →

Listing material

Listed by Saunderson Property

Charming Coastal Home with Granny Flat Potential

Auction Location: on site

Welcome to this delightful residence nestled in the sought-after suburb of Caves Beach. Perfectly positioned on Park Avenue, this property offers a fantastic opportunity for both first home buyers and savvy investors. With three spacious bedrooms, a well-appointed bathroom, and convenient parking for two vehicles, this home promises comfort and practicality. The added potential for a granny flat makes it an enticing prospect for those looking to maximize their investment or accommodate extended family.

Caves Beach is a vibrant coastal community known for its stunning natural beauty and relaxed lifestyle. With pristine beaches just moments away, it's an ideal location for those who enjoy outdoor activities and seaside living. The suburb boasts excellent amenities, including local shops, cafes, and schools, ensuring all your needs are within easy reach. This property not only offers a tranquil retreat but also the potential for substantial rental income with the addition of a granny flat.

Read the full description

Recently renovated to take away the heavy lifting but still leaving you with a brilliant blank canvas, this home will impress.

In summary;

- 3 good sized bedrooms

- Polished floors

- Lovely new kitchen

- updated bathroom

- Open plan living and dining

- 18.29m frontage Depth 39.62m

-725m block

- Double garage and storage

- Granny flat potential

- Ready to move or rent

Land rates $ 2553.60 pa

Water rates $ 912.00 pa approx

Don't miss out on the chance to secure a property in one of the most desirable areas of Caves Beach. Whether you're downsizing, purchasing your first home, or expanding your investment portfolio, this house presents endless possibilities. Act quickly to take advantage of this unique opportunity in a thriving community.

To be Auctioned on site 27th June 2026 at 1.30pm

If not sold prior.

For further details contact : Peter Saunderson 0468407946 or email peter@saundersonproperty.com.au

Listing description written by Peter Saunderson, Saunderson Property — reproduced as published, not verified by Districts.

Property features

  • Balcony
  • Built-in Robes
  • Dishwasher
  • Floorboards
  • Fully Fenced
  • Living Areas: 1
  • Toilets: 1
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.