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 › Scribbly Gum Cres
$1,400,000
Last sold
3 June 2024
5
Bedrooms
2
Bathrooms
3
Car spaces
1,600 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
$1,400,000
3 June 2024 · derived via latest_sale
Local land rate: recorded House sales in Cooranbong (last 5 years) with land size have a median of $1,558/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
+37.8%
Median sale
Suburb $1,016,000
-0.84 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 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 $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
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
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 Harcourts NewcastleSet on a large 1,600sqm block at the top of the highly desirable Hampton Ridge Estate in charming Cooranbong, this stunning and spacious prestige home captures the essence of luxurious living. Bright and airy with fresh paint, this home features an open-plan layout with a variety of inviting living spaces including two large lounge rooms and a sitting room/office. A large entryway welcomes you into the lounge, study, spacious kitchen and dining areas.
The kitchen is built for entertaining with its 90cm gas cooktop and oven and a dining area that opens at either end onto separate patio areas for indoor/outdoor living facing a expansive backyard with low-maintenance gardens.
The oversized master suite features a walk-in-robe and includes his and hers vanities separate from the spa bath, shower and toilet. One of the standard bedrooms has direct access to the second bathroom. All bedrooms feature built-in robes and ceiling fans and either large windows or sliding glass doors. Ducted air conditioning runs throughout and there's a bonus reverse cycle unit in the south lounge room with a 19-panel (approx.) solar system.
The driveway is freshly painted leading to a large 3-bay garage with interior access to the home and the large laundry room includes a bonus toilet.
This prestige estate promises a relaxed lifestyle with private grounds, walking tracks and barbecue areas for residents - all just a short distance from the best of Lake Macquarie and the Watagan Mountains.
- Freshly painted; features open plan layout and indoor/outdoor living
- Oversized master bedroom with walk-in-robe + his/hers vanities separate from spa bath, shower and toilet
- All bedrooms with built-in robes and ceiling fans; linen cupboard storage in hallway
- Ducted air conditioning throughout plus bonus reverse cycle unit; 19-panel (approx) solar system installed
- Prestige estate location with private grounds, walking tracks and barbecue areas for residents
- Massive kitchen/dining featuring 90cm gas cooktop and oven
- Large 3-bay garage with interior access; freshly painted driveway
- Dining opens on two separate patio areas facing large backyard with low-maintenance gardens
- 2 large living areas plus bonus sitting room/office/study;
- Close to Watagan National Park, Lake Macquarie, Trinity Point and Awaba Mountain Bike Park
- Excellent dining nearby: Bistro Eden and 8@Trinity; close to shops and walking tracks
- Close to Cedar Mill Lake Macquarie entertainment precinct currently under development
- Close to Avondale School, Heritage College, St John Vianney Primary, Cooranbong Public School and Avondale University
Listing description written by Fleur Hagen, Harcourts Newcastle — reproduced as published, not verified by Districts.