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NSW › Edgeworth › Karobarling St

16 Karobarling St, Edgeworth NSW 2285

House

$1,030,000

Last sold

23 Feb 2024

5

Bedrooms

3

Bathrooms

2

Car spaces

494 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 $1,030,000 (23 Feb 2024).(Recorded sale)
  • FactLand 494 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Edgeworth (last 5 years) with land size: median $1,299/m² of land (n=132). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

$1,030,000

23 Feb 2024 · derived via latest_sale

Local land rate: recorded House sales in Edgeworth (last 5 years) with land size have a median of $1,299/m² of land (n=132). Districts calculation from recorded sales — not a valuation.

Edgeworth at a glance

8,139

People

$900,000

Median sale

$630/wk

Median rent

3.64%

Suburb gross yield

Median sale from 64 recorded sales (last 12 months) — a Districts calculation.

See the full Edgeworth report →

Vs Edgeworth

+14.4%

Median sale

Suburb $900,000

-0.46 pp

Gross yield

Suburb 3.64%

Suburb median $900,000 from 64 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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 retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$1,030,00023 Feb 2024
  2. Listedprice unknowncompleted16 Nov 2023
  3. Listedprice unknowncompleted16 Nov 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?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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 $630/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

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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

Edgeworth in one glance

Edgeworth at a glance

8,139

People

$900,000

Median sale

$630/wk

Median rent

3.64%

Suburb gross yield

Median sale from 64 recorded sales (last 12 months) — a Districts calculation.

See the full Edgeworth report →

Keep researching

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

Listing material

Listed by First National Real Estate Lake Macquarie

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Key Features:

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Read the full description

Culinary Masterpiece: An entertainer's delight awaits you in the stunning gourmet kitchen. The oversized pantry offers ample room to store groceries and kitchen essentials, while top-of-the-line appliances along with a stylish design inspire culinary creations and memorable gatherings.

Spacious Interiors: Your lavish master bedroom provides comfort and grace with walk-in robe and ensuite, whilst the guest quarters parallels its serenity offering its own walk-in and ensuite as well; perfect for family visits or the growing teenager. The formal lounge doubles as your personal home media room and three generously sized bedrooms, quietly tucked away towards the rear of the home. Enjoy the luxury of space for a home office, gym or playroom - the possibilities are endless! This stunning residence boasts soaring high ceilings, reaching an impressive 2.6 meters throughout, creating an atmosphere of openness and grandeur.

Outdoor Bliss: Embrace the enchanting outdoor living with a spacious, covered alfresco, ideal for dining, entertaining or simply unwinding in the fresh air. You'll be the go-to spot for any family get together.

Double Garage: A double garage ensures ample space for your vehicles all the while still having plenty of room to get crafty, with space for your personal workshop area.

Laundry: Immerse yourself in a clean and inviting atmosphere, enjoy the sleek cabinetry design & dedicated space to wash your clothes.

Convenient Access: Commuting is made simple with close reach to the M1 Motorway and Hunter Expressway. Edgeworth and Glendale Shopping Centres, schools and parks are just a stones throw away, and only just a short 15-minute drive to the beautiful Lake Macquarie and 30-minutes to Newcastle CBD. This location provides unmatched convenience for daily living.

-494sqm with 14.5m Frontage & 32.1m Depth

- Water Rates $220 per quarter

Don't miss this chance to elevate your lifestyle and invest in the future. This brand new 5-bedroom home in the Brush Creek Estate is the epitome of elegance, comfort and contemporary living. Schedule a viewing today and make this dream home yours!

For further information contact the local area's first choice for real estate, Nathan White on 4950 8555 or 0498 049 993

First National Real Estate Lake Macquarie are your local experts for the Lake Macquarie and Newcastle area, we proudly market this home and are always looking for more homes to sell. If you would like honest, expert advice to achieve excellent results, call us on 4950 8555 to discuss your home.

Disclaimer: All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing.

Listing description written by Nathan White, First National Real Estate Lake Macquarie — reproduced as published, not verified by Districts.

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.