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NSW › Caves Beach › Village Grove

15 Village Grove, Caves Beach NSW 2281

House

$1,770,000

Last sold

11 Sept 2025

5

Bedrooms

2

Bathrooms

2

Car spaces

450 m²

Land

225 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,770,000 (11 Sept 2025).(Recorded sale)
  • CalculationRecorded House sales in Caves Beach (last 5 years) with land size: median $2,207/m² of land (n=109). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Medium Density Residential (R3) 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

$1,770,000

11 Sept 2025 · derived via latest_sale

Local land rate: recorded House sales in Caves Beach (last 5 years) with land size have a median of $2,207/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

+12.0%

Median sale

Suburb $1,580,000

-0.27 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

Medium Density Residential

R3

Jurisdiction

Lake Macquarie

Lake Macquarie, NSW

Planning overlays

  • heightDetected
  • heritageNot detected

Planning constraints

  • 1110

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: 167618771

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$1,770,00011 Sept 2025
  2. Listedprice unknowncompleted6 Aug 2025
  3. Listedprice unknowncompleted6 Aug 2025

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 Medium Density Residential · R3 (Lake Macquarie Local Environmental Plan 2014). Official parcel area about 451 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 Medium Density Residential · R3 (Lake Macquarie Local Environmental Plan 2014). Official parcel area about 451 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 Medium Density Residential · R3 (Lake Macquarie Local Environmental Plan 2014). Official parcel area about 451 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

    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

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 Village Grove →

Listing material

Listed by SOLD Real Estate

Winning … Newer, with Ground Level Living. Closer to the Surf, Sand, Caves Bar & Bungalows Hotel & Caves Cafe Scene. Van+Boat Parking Potential!

With far older homes, on busier roads selling for this price and more, this fresh and contemporary beach house residence gives you an opportunity to get into a quiet beachside location, with nothing to do but unpack!

While others need kitchen, and bathroom renovations, or sit a long way back from the beach, this lovely home boasts newer, cleaner lines and a modern look and feel.

Could you do more with it, and take it to another level, and put your own personal stamp on it, absolutely!

Read the full description

Explore and take advantage of the unobstructed ocean views down the street, with a perfect North East deck addition and some French doors.

Utilise the fabulous corner position and create side access to your backyard, for secure off street parking for your caravan or boat, or maybe both!

If however, you just want to move in, and do absolutely nothing, then this home is perfect for you as is.

Prestigiously located in a quiet and friendly, intimate little beachfront estate, with easy access to a beautiful resort pool.

It's hard to get closer to the beach and coffee, or wining and dining options.

It's hard to find a flatter block, with easy access for vehicles and a retirees, kids, grandkids and puppies friendly level backyard!

Very much minimal maintenance grounds, you can still enjoy lovely backyard outlooks and alfresco lounge and dining, as well as a spot of gardening, with lawn for the babies and fur babies.

However, you won't be wasting time and energy on a big nightmare backyard or sloping grounds.

Designed to work perfectly for retirees and families, the master suite, with ensuite, along with a separate office, powder room, and open plan living off a fabulous open stone tops kitchen.

All of your everyday amenities exist on the ground floor, with easy internal access to the genuine double garage, and a separate laundry.

Day to day you can live entirely on the lower level, light filled open plan living that flows effortlessly out to the easy care backyard.

For families, mum and dad can be downstairs, where the action is, especially when you're entertaining, with the kids safely tucked away upstairs, and with none of their mess on display, from their bedrooms, bathroom, separate toilet and separate open plan living.

Perfect for retirees too, you can enjoy single level living, but also have room for the kids and grandkids to stay over when they show up and stay for Christmas, which they'll want to do, with the beach and resort pool almost on your doorstep.

Whilst it is two storey, it performs like a single level residence, with extra upstairs accommodation handy for your visitors or kids.

Expect a great hostess stone tops kitchen, with a big walk in pantry, lovely island bar, and an outlook to both the indoor and outdoor living, as well as the backyard.

There's room to add a pool if that's your thing, and the access to do so is easy.

Delivering on all the must haves, with 4 bedrooms, plus an office, 2 bathrooms, including an ensuite, main bathroom, with 2 separate toilets, 1 upstairs and 1 down, and of course, the compulsory 2 living areas, again with 1 up and 1 downstairs, the layout and design is a winning formula.

100% NOT strata with NO big levies, here you instead own the land, and the home, and you will always be the master of your own destiny and captain of the ship, sailing in whichever direction you choose.

You pay a small contribution to maintain the estate and have access to the pool, but it's nothing compared to apartment or villa living, and it means the estate is well cared for and looks good, year round.

Opportunities here in this fabulous beachfront resort grounds estate, come up very infrequently, so if this sounds like the great buy we 100% know it is, then jump on board and give us a call to take your first step to better living today.

Live like your on holidays 24/7 in a beautiful part of the world, surrounded by sand, still water and waves, beautiful bush and national park fringes, where you can get a great coffee, enjoy a bite to eat out and about, and get your groceries and enjoy everything you need day to day, either in Caves or a few minute's drive away in Lakeside Swansea, the gateway to Lake Macquarie.

One of the most welcoming postcodes in NSW and only an hour North of Hornby and half an hour from Newcastle, we almost all come from somewhere else, and the natives are super friendly, so it's not too late to make the move ….

If you're not quite ready to move in just yet, enjoy first class tenants, who also own locally.

They would love to stay on, but they also appreciate they may have to find another dream rental, but they know it will be tough to beat this property they love to call “home” …

Listing description written by Shanti Page, SOLD Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Fully Fenced
  • Outdoor Entertaining
  • Remote Garage
  • Secure Parking
  • Study

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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.