Lake Cathie at a glance
5,286
People
$880,000
Median sale
$640/wk
Median rent
3.78%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
NSW › Lake Cathie › Ocean Dr
16
Bedrooms
8
Bathrooms
8
Car spaces
1,834 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
No recorded sale price for this property yet.
Lake Cathie at a glance
5,286
People
$880,000
Median sale
$640/wk
Median rent
3.78%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning scheme
Port Macquarie-Hastings Local Environmental Plan 2011
Zone
General Residential
R1
Jurisdiction
Port Macquarie-Hastings
Port Macquarie-Hastings, 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 General Residential · R1 (Port Macquarie-Hastings Local Environmental Plan 2011). Official parcel area about 466 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 $640/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 General Residential · R1 (Port Macquarie-Hastings Local Environmental Plan 2011). Official parcel area about 466 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 General Residential · R1 (Port Macquarie-Hastings Local Environmental Plan 2011). Official parcel area about 466 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
Lake Cathie at a glance
5,286
People
$880,000
Median sale
$640/wk
Median rent
3.78%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Patterson Real EstateAn exceptional opportunity awaits the astute buyer at 1639 Ocean Drive, Lake Cathie. Comprising four separate 450m² lots across a total land area of 1,834m², this rare holding is positioned just 100 metres from the lake and an easy stroll to the beach, local shops and everyday conveniences.
Straddled by an existing complex of seven units—six two-bedroom units and one four-bedroom unit—this property offers flexible options for the forward-thinking investor, developer or builder. Whether you choose to renovate and reap the rewards, redevelop (STCA), or landbank for future gain, the potential here is undeniable.
Set along the scenic Ocean Drive with effortless access to Port Macquarie just 20 minutes away, the property delivers the best of coastal living with peace, privacy, and long-term growth prospects.
Key Features:
• Total landholding of approx. 1,834m² (4 x 450m² lots)
• Existing complex includes:
- Six x 2-bedroom, 1-bathroom units
- One x 4-bedroom, 1-bathroom unit
• All dwellings in original condition with strong scope for renovation
• Additional shared amenities: tennis court and swimming pool (requiring refurbishment)
• Versatile options: renovate, redevelop or retain as an income-producing asset
• Take advantage of existing DA for a 14 unit complex
• Zoned for growth in one of Lake Cathie's most accessible lifestyle locations
Lifestyle Highlights:
• 100m to picturesque Lake Cathie foreshore and a short stroll to the beach
• Walk to local cafés, shopping centre, medical services and Woolworths
• Positioned along a direct coastal link to Port Macquarie, with public transport nearby
• Well-established, elevated setting offering peace of mind and a relaxed pace
The Opportunity:
Whether you're a developer seeking your next project, an investor looking to value-add, or a builder exploring a coastal prospect with long-term upside, this standout site is a must to consider.
Contact the team at Patterson First National today for an information pack or to arrange a private inspection. Opportunities of this scale and potential in Lake Cathie are few and far between.
Property Type: Block of Units
Council Rates: $4,900 pa*
Land Size: 1,834 m2
IDENTIFICATION MAY BE REQUIRED FOR ENTRY TO ALL OPEN FOR INSPECTIONS
Listing description written by Shannon Wood, Patterson Real Estate — reproduced as published, not verified by Districts.