Caves Beach at a glance
3,906
People
$1,580,000
Median sale
$766/wk
Median rent
2.52%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
NSW › Caves Beach › Macquarie Grove
$1,200,000
Last sold
5 Feb 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
623 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
$1,200,000
5 Feb 2026 · derived via latest_sale
Local land rate: recorded House sales in Caves Beach (last 5 years) with land size have a median of $2,226/m² of land (n=109). Districts calculation from recorded sales — not a valuation.
Caves Beach at a glance
3,906
People
$1,580,000
Median sale
$766/wk
Median rent
2.52%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
Vs Caves Beach
-24.1%
Median sale
Suburb $1,580,000
+0.80 pp
Gross yield
Suburb 2.52%
Suburb median $1,580,000 from 31 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
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 30 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 625 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 $766/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 625 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 Low Density Residential · R2 (Lake Macquarie Local Environmental Plan 2014). Official parcel area about 625 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?
KnownmediumOfficial parcel about 625 m² — land size can look like optionality. No 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
Caves Beach at a glance
3,906
People
$1,580,000
Median sale
$766/wk
Median rent
2.52%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by SOLD Real EstateA rare gem, this home feels warm, welcoming and wonderfully familiar the moment you arrive.
Beautifully kept, where everything has been cared for, where the gardens are lush, the spaces are generous, and where every corner feels like it has been loved for decades.
This property is all about comfort, calm and the kind of lifestyle people hope for when they dream of living by the beach.
Tucked privately behind established landscaping, the home opens with wide, easy off-street parking and fantastic side access perfect for the boat, caravan or extra toys.
An absolute game-changer for downsizers, retirees, hobbyists or families who want room for toys, travel or project vehicles.
Every space has been impeccably maintained, and the stunning timber floors bring warmth and character.
The living area is relaxed and inviting, flowing easily to the neat, functional kitchen and through to the rear enclosed sunroom, the perfect morning coffee spot overlooking the green, private backyard.
This home has been lovingly cared for by owners who are truly house proud and garden proud, and it shows in every corner.
The gardens have always been their pride and joy, a place where their children and later their grandkids would play and hide in what feels like a “fairy garden”.
So many memories were made here, with parents relaxing in the covered entertaining area or sitting on the patio, watching little ones chase each other across the lawn, pick flowers, discover insects and enjoy the simple magic only a garden like this can offer.
It's the kind of home where family time feels easy and natural, where you can see everything unfold from the comfort of your outdoor space, and where generations have already felt happy, safe and connected.
And then there's the bonus feature that sets this property apart, a fully self-contained studio, complete with its own living, dining, kitchen, bedroom and bathroom.
It's the ideal setup for Airbnb income, in-law accommodation, older teens wanting independence, visiting adult children, or long-staying guests.
It's private, bright, well-kept, and feels like a home of its own, a huge advantage for multi-generational buyers or investors.
This home genuinely offers something for everyone.
For retirees, it's single-level, easy-care and perfectly located.
For families, the backyard and studio add priceless flexibility.
For investors, the dual-living setup opens the door to strong returns.
For holiday-home seekers, it's move-in ready with the opportunity to uplift and modernise over time in one of the most loved beachside suburbs on the coast.
Choose to live or holiday here because of all the beautiful experiences that lie within minutes of your doorstep.
This is a location where every day can feel like a getaway, where you wake up with options, slow mornings, active days, salty sunsets, all so close you'll barely need to start the car.
From fabulous surfing at Frenchman's perfect break, to trekking or mountain biking through glorious coastal bushland that runs all the way down to Catherine Hill Bay, adventure begins right at the edge of the suburb.
Spend your mornings walking the puppies under the shade of the paperbarks, or swim with the kids and grandkids at one of the many secluded, calm-water pockets where the sand is white and the water is crystal clear.
Head to the lake for boating, kayaking and fishing, explore the incredible caves and rock pools on the low tide, or take an easy village stroll for great coffee, craft beer, good food and the welcoming, small-community feel that makes Caves Beach so special. Yoga, pilates, gyms, parks, coastal lookouts, it's all close, all easy, all part of everyday life here.
And despite feeling like your own peaceful hideaway, you're still easy strolling distance to the sand, village shops, cafés, the local hotel and everyday essentials.
• House-proud owners with beautifully maintained interiors & gardens
• Fabulous side access perfect for caravans, boats, trailers and toys
• Lush landscaping front and back with a charming fairy-garden feel
• Beautiful timber floorboards, natural light and an inviting coastal vibe
• Practical kitchen with great storage, and lovely twin garden outlooks
• Separate dining area flows seamlessly to the enclosed sunroom & patio
• Screened sunroom ideal for morning coffee & relaxing in filtered sunlight
• Flat, fully fenced yard designed for kids, pets and grandkids to explore
• Covered entertaining area & patio offering the perfect entertaining space
• Three bright bedrooms with ceiling fans & practical built-in wardrobes
• Main bathroom with easy access walk in shower plus a separate toilet
• Self-contained studio with open plan living, kitchen, bedroom & bathroom
• Ideal for Airbnb, in-laws, long-staying guests or flexible multi-gen living
• Carport plus wide driveway and paved off-street parking for caravan or boat
• Solid brick-and-tile design offering scope to personalise over time
• A perfect choice for families, retirees, investors or holiday-home seekers
• Short walk to surf, sand, cafes, restaurants, shops & Caves Beach Hotel
This is a place where retirees, families, weekender seekers and holidaymakers all find exactly what they're looking for, a coastal escape that still feels wonderfully close to everything.
Listing description written by Shanti Page, SOLD Real Estate — reproduced as published, not verified by Districts.