Bonnells Bay at a glance
4,291
People
$917,500
Median sale
$618/wk
Median rent
3.50%
Suburb gross yield
Median sale from 56 recorded sales (last 12 months) — a Districts calculation.
NSW › Bonnells Bay › Mather Dr
$897,480
Last sold
13 Jan 2026
3
Bedrooms
2
Bathrooms
1
Car spaces
558 m²
Land
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
$897,480
13 Jan 2026 · derived via latest_sale
Local land rate: recorded House sales in Bonnells Bay (last 5 years) with land size have a median of $1,400/m² of land (n=133). Districts calculation from recorded sales — not a valuation.
Bonnells Bay at a glance
4,291
People
$917,500
Median sale
$618/wk
Median rent
3.50%
Suburb gross yield
Median sale from 56 recorded sales (last 12 months) — a Districts calculation.
Vs Bonnells Bay
-2.2%
Median sale
Suburb $917,500
+0.08 pp
Gross yield
Suburb 3.50%
Suburb median $917,500 from 56 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 559 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 $618/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 559 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 559 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
Bonnells Bay at a glance
4,291
People
$917,500
Median sale
$618/wk
Median rent
3.50%
Suburb gross yield
Median sale from 56 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts NewcastleSet just moments from the water, this beautifully presented home combines elevated lake views with thoughtful updates and everyday comfort.
The kitchen captures pleasant lake glimpses and includes a walk-in pantry, supporting both everyday living and relaxed entertaining. Living areas extend to a generous balcony that takes in the water outlook beyond the surrounding homes, offering a comfortable space to sit, unwind and enjoy the outlook at the end of the day.
Accommodation is well considered, with the main bedroom featuring a large walk-in robe and a modern, remodelled ensuite. The second bathroom - also renovated - adds a fresh, modern feel, while all bedrooms include built-in robes and the home benefits from full-size linen storage. Two split-system air conditioners provide year-round comfort, and powered privacy shutters to the front windows enhance both security and climate control.
The location delivers genuine lifestyle appeal. You're within walking distance of the lake reserve and close to the Bonnells Bay Boat Ramp, public jetty, Pendlebury Park and playground, making it easy to enjoy the best of Lake Macquarie. Dining and marina experiences await nearby at Trinity Point, with the evolving Cedar Mill Lake Macquarie entertainment precinct adding longer-term appeal. Local favourites including 8@Trinity sit close by, along with walking tracks, transport and The Bay Shops for everyday convenience.
Outdoor and educational options are equally well covered, with easy access to Watagans National Forest, Awaba Mountain Bike Park, and a wide selection of respected schools, including Avondale School and Avondale University. Commuting is straightforward, with Sydney approximately 60–70 minutes away, Newcastle CBD around 50 minutes, and the Hunter Valley within 30–40 minutes.
This is a well-balanced lakeside home offering water views, modern comforts and a location that supports an active, connected lifestyle by the lake.
Features You'll Love:
- Kitchen with water views and walk in pantry
- Main bedroom with large walk-in robe and remodelled ensuite
- Newly remodelled main bathroom
- All bedrooms feature built-ins
- Large balcony with water views
- Two split cycle air conditioners
- Full size linen
- Powered privacy shutters to front windows
- Walking distance to lake reserve, close to Bonnells Bay Boat Ramp, public jetty, Pendlebury Park, and playground
- Close to Trinity Point and the upcoming Cedar Mill Lake Macquarie entertainment precinct.
- Excellent dining nearby including the renowned 8@Trinity and more; close to walking tracks and transport.
- Close to The Bay Shops (grocery, takeaways, doctor, pharmacy, Bay Hotel, etc.)
- Close to Watagans National Forest and Awaba Mountain Bike Park
- Close to Bonnells Bay Public School, Brightwaters Christian School, Heritage College, Morisset High School and St John Vianney Primary as well as Avondale School and Avondale University
- 60-70 minutes to Sydney, 50 minutes to Newcastle CBD, and 30-40 minutes to the Hunter Valley
**Estimated rental return of $640-680/week with the award-winning Harcourts Property Management Team: 02 4038 1444**
* This information, including but not limited to photographs (which may show boundaries), copywriting, floorplans, and site plans, has been prepared solely for the purpose of marketing this property. While all care has been taken to ensure accuracy, we do not accept any responsibility for errors, omissions, or inaccuracies. We strongly recommend that all interested parties make their own enquiries and seek independent advice, including speaking with their conveyancer regarding boundaries and, where appropriate, obtaining a surveyor's report, to verify the information provided.
Listing description written by Fleur Hagen, Harcourts Newcastle — reproduced as published, not verified by Districts.