Cardiff South at a glance
2,987
People
$1,000,000
Median sale
$700/wk
Median rent
3.64%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
NSW › Cardiff South › Lake Ave
$692,500
Last sold
18 Aug 2022
3
Bedrooms
2
Bathrooms
2
Car spaces
519 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
$692,500
18 Aug 2022 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded House sales in Cardiff South (last 5 years) with land size have a median of $1,465/m² of land (n=71). Districts calculation from recorded sales — not a valuation.
Cardiff South at a glance
2,987
People
$1,000,000
Median sale
$700/wk
Median rent
3.64%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Vs Cardiff South
-30.7%
Median sale
Suburb $1,000,000
+1.62 pp
Gross yield
Suburb 3.64%
Suburb median $1,000,000 from 17 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
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.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning 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.
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
No advertised rent is recorded. Suburb median rent $700/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
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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
Cardiff South at a glance
2,987
People
$1,000,000
Median sale
$700/wk
Median rent
3.64%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate Newcastle CityLarge picture windows and a due north aspect fill this three-bedroom home with radiant natural light. Crisply presented with fresh décor, polished timber floors, and plush new carpet to the sleeping quarters, along with air-conditioning and a warming winter fire, this property is ready for your immediate enjoyment. And with a sparkling new bathroom with bath and shower, plus a new freestanding double garage, it delivers family-sized comfort in spades. The wide-fronted block sits behind a white picket fence with plenty of side garden and a verandah for enjoying the morning sun, and with Cardiff South Public school across the road, drop off and pick up couldn't be easier. Adding further appeal, Lake Avenue is on a bus route for travel between Kotara and Warners Bay, and the local neighbourhood shops are at the end of the street.
- Single level weatherboard and tile home on north facing 519sqm block
- Bright air-conditioned lounge and dining with timber floors and Masport fire
- Three bedrooms all with new carpet, main with built-in robe, one opens to east facing verandah
- Modern U-shaped kitchen with electric cooktop, oven and dishwasher
- Sparkling new bathroom with bath, shower, full height tiling, separate w/c
- Freestanding double garage with second bathroom, fully fenced yard
- Local shopping village includes butcher, grocer, fish & chip shop, coffee van
- 4km to Warners Bay and Lake Macquarie foreshore, 12km to Newcastle CBD
- Land rates are approximately $2000 per year
- Water rates are approximately $860 per year
Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Listing description written by Mathew Iuliano, First National Real Estate Newcastle City — reproduced as published, not verified by Districts.