Belmont North at a glance
6,147
People
$1,127,000
Median sale
$697/wk
Median rent
3.22%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
NSW › Belmont North › Cullen St
$855,000
Last sold
5 July 2024
3
Bedrooms
2
Bathrooms
1
Car spaces
592 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
$855,000
5 July 2024 · derived via latest_sale
Local land rate: recorded House sales in Belmont North (last 5 years) with land size have a median of $1,431/m² of land (n=116). Districts calculation from recorded sales — not a valuation.
Belmont North at a glance
6,147
People
$1,127,000
Median sale
$697/wk
Median rent
3.22%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Vs Belmont North
-24.1%
Median sale
Suburb $1,127,000
+1.02 pp
Gross yield
Suburb 3.22%
Suburb median $1,127,000 from 36 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Lake Macquarie Local Environmental Plan 2014
Zone
Medium Density Residential
R3
Jurisdiction
Lake Macquarie
Lake Macquarie, NSW
Not detected
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 2 Sept 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 Medium Density Residential · R3 (Lake Macquarie Local Environmental Plan 2014). Official parcel area about 593 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 $697/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 Medium Density Residential · R3 (Lake Macquarie Local Environmental Plan 2014). Official parcel area about 593 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.
4 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Medium Density Residential · R3 (Lake Macquarie Local Environmental Plan 2014). Official parcel area about 593 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
KnownmediumNo development applications were returned for this parcel. That is not a statement about nearby lots.
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
Belmont North at a glance
6,147
People
$1,127,000
Median sale
$697/wk
Median rent
3.22%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by TaylorHedley Property.An incredible springboard into a premium Belmont North address, a superb downsizer for the active retiree, or a lock-and-leave investment that promises strong growth, this modernly transformed beauty is ready to upgrade your lifestyle with its trendy renovation and prime position.
Located on a quiet street and just a hop, skip and jump away from Belmont Christian School, the home spans a classic single level where three double bedrooms and two bathrooms are ready to meet a family's needs and the rear has been reimagined into an open style zone with seamless transition to an outdoor deck, creating a fluid indoor-outdoor lifestyle. A standalone garage with generous dimensions and an attached storage area is ideal for any extra tools or gear and could easily be converted to a studio if required.
Complementing the appeal of the home is its stellar address. A rear border of established hedging merges with the huge expanse of state land where endless 4WD and walking tracks await and lead to the uncrowded coastline of Nine Mile Beach. If a drink with friends, a meal out, or live entertainment are on the cards, you'll find both Belmont 16s and Belmont Yacht Club within 2.5km, and all your shopping needs are catered to in Belmont CBD, even closer.
- Largely renovated throughout with an open style living zone being a hero
- Divine island kitchen finished in white stone and boasting warm timber accents
- Modern appliances (incl. dishwasher), soft-close cabinetry and pendant lights above the island bench are kitchen highlights
- Bedrooms are double-sized, light and airy, two include a built-in wardrobe, the master spruik's a barn door
- Split-system AC in living zone and master bedrooms, engineered timber flooring in most rooms
- Well-presented main bathroom plus a second bathroom within the laundry
- Beautiful entertainer's deck extends into a dreamy backyard is covered in established lawn and framed by a lush green privacy border
Disclaimer:
We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.
Listing description written by Matthew Nelson, TaylorHedley Property. — reproduced as published, not verified by Districts.
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