Cooranbong at a glance
9,207
People
$1,016,000
Median sale
$600/wk
Median rent
3.07%
Suburb gross yield
Median sale from 73 recorded sales (last 12 months) — a Districts calculation.
NSW › Cooranbong › Mcmahon Ave
$1,245,000
Last sold
3 Mar 2026
4
Bedrooms
3
Bathrooms
2
Car spaces
587 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
$1,245,000
3 Mar 2026 · derived via latest_sale
Local land rate: recorded House sales in Cooranbong (last 5 years) with land size have a median of $1,557/m² of land (n=131). Districts calculation from recorded sales — not a valuation.
Cooranbong at a glance
9,207
People
$1,016,000
Median sale
$600/wk
Median rent
3.07%
Suburb gross yield
Median sale from 73 recorded sales (last 12 months) — a Districts calculation.
Vs Cooranbong
+22.5%
Median sale
Suburb $1,016,000
-0.56 pp
Gross yield
Suburb 3.07%
Suburb median $1,016,000 from 73 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 589 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 $600/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 589 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 589 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
Cooranbong at a glance
9,207
People
$1,016,000
Median sale
$600/wk
Median rent
3.07%
Suburb gross yield
Median sale from 73 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Elle Jayne RealtyHere is your chance to secure one of the finest homes in the exclusive Watagan Park Estate in Cooranbong.
Built to impress by McDonald Jones, this outstanding home is the epitome of modern living for those who crave the best of everything. The brilliant street appeal offered by this spacious trophy home is suitably complimented by a contemporary design, stunning finishes and a long list of upgrades.
A home for stylish entertaining, complimented with space and genuine presence, the low-maintenance design of the property presents a classy abode to impress family, friends and guests alike.
Become the envy of Cooranbong and the sought-after Watagan Park Estate with this spectacular entertainer’s home.
Features include, but are not limited to:
• Four large bedrooms, three appointed with walk-in robes and one appointed with built-in robe, ducted air-conditioning, ceiling fans and plantation shutters.
• A truly stunning master bedroom featuring your very own private balcony with views of the Watagan Mountains, huge dressing room complete with outstanding cabinetry leading to a luxurious ensuite (including his and her sinks, large freestanding bath and shower). Additional storage including double built-in robe and complete shoe-rack for those with expensive tastes.
• Stylish and spacious gourmet kitchen with beautiful design features, island bench with 40mm Caesarstone benchtops, breakfast bar, soft-close cabinetry, large butler’s pantry, natural gas cooking, integrated microwave and quality stainless-steel appliances. The perfect family hub with adjoining living and dining areas
• A brilliant floorplan with multiple living areas including an upstairs formal rumpus with study space for the kiddies, large formal office space, formal family/lounge room and large open plan living/dining area perfect for the entire family and leading seamlessly onto the alfresco area.
• Spacious alfresco area providing an ample space for gatherings overlooking your large yard with plenty of space for a large pool and/or shed.
• Significant upgrades and additions throughout the home allowing for the classy living your family deserves
Additional features: One of the finest lifestyle homes in Cooranbong, zoned ducted air-conditioning system, minimum 2.7m ceilings throughout, outstanding floorplan, additional downstairs powder room, plantation shutters throughout, enclosed mudroom for practical storage, CCTV x 5, 24 solar panels with 10.5kW system.
Take a minute to review the floorplan and enjoy how your family will utilise this outstanding space. Give your family everything they deserve and take advantage of this opportunity.
The convenience of being close to local shops – walk to the classy Watagan Central Shopping Centre, schools (public and private) – walk to Avondale School (K-12) and the proposed Watagan Public School, close to Avondale University and the M1 Motorway make it appealing to all buyers seeking a central location between Sydney and Newcastle.
Forget the stress and increasing cost of building with this showstopper of a home. Lifestyle properties are extremely sought-after and do not last long so get in quick and take advantage of convenience and extravagance.
DISCLAIMER: Ellejayne Realty has obtained all information provided here 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 Ben Wrigley, Elle Jayne Realty — reproduced as published, not verified by Districts.