Argenton at a glance
1,525
People
$872,000
Median sale
$350/wk
Median rent
2.09%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
NSW › Argenton › William St
$455,000
Last sold
13 Oct 2016
4
Bedrooms
2
Bathrooms
2
Car spaces
534 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
$455,000
13 Oct 2016 · derived via latest_sale
Local land rate: recorded House sales in Argenton (last 5 years) with land size have a median of $1,237/m² of land (n=34). Districts calculation from recorded sales — not a valuation.
Argenton at a glance
1,525
People
$872,000
Median sale
$350/wk
Median rent
2.09%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Vs Argenton
-47.8%
Median sale
Suburb $872,000
+1.91 pp
Gross yield
Suburb 2.09%
Suburb median $872,000 from 13 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 $350/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
Argenton at a glance
1,525
People
$872,000
Median sale
$350/wk
Median rent
2.09%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate Lake MacquarieFirst National Lake Macquarie are proud to offer you this highly sort after property that is nestled on a level block and located in a whisper quiet side street.
A rarity to find this lovely property includes a large 2 bedroom home PLUS a separate self-contained 2 bedroom granny flat in the backyard.
Ideal for a family wanting their own home plus have a family member or friend live on site to look them yet letting them have their own separate residence and space.
This would also be ideal for anyone wanting to live in one home and rent out the other and receive a weekly income or this is the ideal investment for the astute investor as you can receive a dual income on one title, making a very healthy return.
Located in a handy central location you are only minutes away to the lake, Glendale Supa Centa, schools, golf course and public transport.
FEATURING
Main home includes:
2 large oversized bedrooms
Front sunroom / home office or study
Generous size lounge room
Large separate dining room
High ceilings
4 x air conditioners (lounge room, dining room, 2 x bedrooms)
Gas heating
Neat and tidy kitchen with electric appliances
Original bathroom with shower, vanity + storage
Separate W/C
Laundry
Large sun-drenched back sunroom
Separate Granny Flat includes:
2 x bedrooms
Open planed lounge and dining area
Reverse Cycle air conditioning
Central kitchen with electric appliances
Bathroom with shower, vanity and W/C
Laundry
Loads of cupboard and storage space
The property also boasts an oversized garage plus carport, lockup workshop area with darkroom (perfect for photographers) plus a separate lock up studio for an artist or a great storage room.
The fully fenced level grassed backyard also included a lock up garden shed, and can easily be separated to give both properties their own yard.
Only an inspection will make you realise how special this property is.
For further information contact Listing Agent Troy Duncan on 4950 8555 or 0416 290 555.
First National Real Estate Lake Macquarie are your local experts for the Lake Macquarie and Newcastle area, we proudly market this home and are always looking for more homes to sell. If you want honest expert advice and want to achieve excellent results call us on 4950 8555.
At First National Lake Macquarie, we put you first!
Listing description written by Troy Duncan, First National Real Estate Lake Macquarie — reproduced as published, not verified by Districts.