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NSW › Rathmines › Josephine St

15 Josephine St, Rathmines NSW 2283

House

$900,000

Last sold

21 Sept 2023

3

Bedrooms

2

Bathrooms

2

Car spaces

599 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 $900,000 (21 Sept 2023).(Recorded sale)
  • FactLand 599 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Rathmines (last 5 years) with land size: median $1,251/m² of land (n=44). 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 · 31 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

$900,000

21 Sept 2023 · derived via latest_sale

Local land rate: recorded House sales in Rathmines (last 5 years) with land size have a median of $1,251/m² of land (n=44). Districts calculation from recorded sales — not a valuation.

Rathmines at a glance

2,133

People

$890,000

Median sale

$719/wk

Median rent

4.20%

Suburb gross yield

Median sale from 9 recorded sales (last 12 months) — a Districts calculation.

See the full Rathmines report →

Vs Rathmines

+1.1%

Median sale

Suburb $890,000

-0.05 pp

Gross yield

Suburb 4.20%

Suburb median $890,000 from 9 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

Data unavailable

Source

  • Provider: NSW ePlanning Spatial Viewer
  • Dataset: Planning Portal Principal Planning — Land Zoning Map
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 100772599

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

Records

Property history

  1. Sold$900,00021 Sept 2023
  2. Listedprice unknowncompleted11 Sept 2023
  3. Listedprice unknowncompleted11 Sept 2023

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 601 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 $719/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 601 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.

3 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 601 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 601 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

    Unknown

    No DA adapter returned applications 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

Rathmines in one glance

Rathmines at a glance

2,133

People

$890,000

Median sale

$719/wk

Median rent

4.20%

Suburb gross yield

Median sale from 9 recorded sales (last 12 months) — a Districts calculation.

See the full Rathmines report →

Keep researching

  • Why Rathmines? Read the area thesis →
  • What else is on the market in Rathmines →
  • Other records on Josephine St →

Listing material

Listed by Century 21 Gallery

Rathmines The Perfect Suburban Location

Located at the far end of the Rathmines shopping precinct is this craftsman built single level, brick and tile home with 3 good size bedrooms, master with en-suite and walk in robe along with built ins in all. The generous living area comprises a recently renovated hostess style kitchen with breakfast bar, dining nook and lounging family room along with a separate media room for those wanting to escape. Bathroom, en-suite and laundry are all oversize and reflects the non project home design. Access from the family room takes you to the outdoor entertaining area, covered pergola bar-b-q and stunning inground salt water pool which has recently undergone a full marble tile surround re-fit. The double lock up garage apart from wall storage has both internal and rear yard access and a real bonus is a rare street access 15 x 5.5 metre area adjoining the garage which could be suitable for the motor home, caravan, boat, trailer or the biggest man shed in town. The property wants for nothing and includes dual zone reverse cycle ducted air conditioning, auto garage door, well maintained pool equipment including Kreepy Krauly and safety certificate.

RATHMINES a community of 500 families (homes) enjoy a well stocked local shopping strip including medical, pharmacutical and a variety of restaurants along with bus transport that takes you to the Newcastle-Sydney rail line and the major shopping centres in the Hunter. Come join us by the lake with the Rathmines Catalina parkland at the end of the block, a 60 hectare protected reserve with a 2.600 metre water's edge shore line offering flat paths, a bowling club, men's shed, theatre group, tennis courts, kids play area, electric bar-b-q's and seated shelters, walking trails and the best double concrete boat ramp on the lake a left over from Catalina days.

Listing description written by Michael Hart, Century 21 Gallery — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • In-Ground Pool

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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.