Coal Point at a glance
1,633
People
$1,130,000
Median sale
$791/wk
Median rent
3.64%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
NSW › Coal Point › Coal Point Rd
$2,500,000
Last sold
21 Nov 2023
3
Bedrooms
2
Bathrooms
2
Car spaces
1,303 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
$2,500,000
21 Nov 2023 · derived via latest_sale
Local land rate: recorded House sales in Coal Point (last 5 years) with land size have a median of $1,207/m² of land (n=34). Districts calculation from recorded sales — not a valuation.
Coal Point at a glance
1,633
People
$1,130,000
Median sale
$791/wk
Median rent
3.64%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Vs Coal Point
+121.2%
Median sale
Suburb $1,130,000
-1.99 pp
Gross yield
Suburb 3.64%
Suburb median $1,130,000 from 10 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 $791/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
Coal Point at a glance
1,633
People
$1,130,000
Median sale
$791/wk
Median rent
3.64%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Presence Real EstateSituated on the serene shores of Lake Macquarie, Wester Lea Cottage is an absolute waterfront home offering the perfect blend of stunning vistas and leisurely lakeside living. Located in an exclusive, peaceful pocket of Coal Point and boasting a private jetty and boathouse, this immaculate home is ideal for boating enthusiasts, families and water lovers alike with its direct access to waterway adventures.
Nestled on 1303m2 of sprawling lawn and gardens rolling down to the lake, Wester Lea Cottage offers a spacious and stunning floorplan with high ceilings and solid spotted Queensland gum flooring throughout. From its three generously sized bedrooms and two modern bathrooms to the classy, contemporary kitchen and light-filled living and dining room, every space offers a lovely lake outlook or a lush and leafy garden view.
Off the main living room, you'll find a family room that makes a great second TV area or kids' playroom. While upstairs, a large loft provides an additional living space with endless possibilities. Use it as a fourth bedroom with divine lake views, a teen retreat, a media room, or a quiet home office away from the hustle and bustle of the house.
Outdoors, you'll find an expansive covered deck with picturesque, panoramic views. Entertain friends with a BBQ as you take in the sunset over the lake and enjoy the pleasant coastal breeze. The private jetty is perfect for diving off into the crystal clear water. Boating enthusiasts will love the boathouse, which has an electric winch and slipway, making it easy to go fishing or take the kids out wakeboarding. There's even an appealing garden side of the home, complete with a leafy courtyard, hidden pathways through flowering trees and a large lawn area ideal for pets.
When you can bear to leave home, you'll find an assortment of scenic reserves, shops, supermarkets and cafes nearby. The popular Coal Point Public School is a 5-minute walk away, making this home ideal for families. With such a wealth of things to do, places to see and an impeccable home at your disposal, don't miss the chance to make this amazing lakeside retreat your own.
Features include:
- Immaculate absolute waterfront 3-bedroom home on a sprawling 1303m2 block with its own boathouse and private jetty
- 3 generously sized bedrooms, all with built-in robes and ceiling fans, 2 with direct deck access and lovely lake vistas
- Sizeable main bedroom suite boasts a walk-through closet, stylish ensuite bathroom with shower, toilet and underfloor heating, built-in robes, a window seat with under storage and to-die-for lake views
- 2 modern bathrooms, the elegant main includes a Japanese-style bath, roomy shower and underfloor heating
- Contemporary kitchen includes premium Caesarstone benchtops, a convection and gas stovetop, a Miele dishwasher and a walk-in pantry with ample storage
- High-ceilinged open plan living and dining area with ceiling fans, a wood fire combustion fire, custom cabinetry and stunning lake views
- Expansive covered outdoor deck is the perfect spot for entertaining or relaxing and overlooks the lake and jetty - includes handy pull-down sunshades
- Second living area/family room provides another space for family to gather
- Huge upstairs loft area offers additional living possibilities, including a 4th bedroom, teen retreat, WFH office or media room
- Solid timber (Queensland spotted gum) flooring throughout, high ceilings and modern downlights
- Grand entrance to the home with an oversized front door and airy foyer
- Internal laundry includes a 3rd toilet and pull-down ironing board
- Under stair storage
- Double lock-up garage with handy internal access and storage room
- Well-maintained private jetty in a calm, sheltered section of the lake, ideal for swimming
- Boathouse with an electric winch and slipway are ideal for boating enthusiasts
- Side access from the front of the home to the waterfront, plus additional boat ramp
- Sprawling front lawn with easy-care gardens, trees and shrubs, a garden shed, landscaped pathways and woodpile
- Side courtyard with a pond and garden paths offers another outdoor spot to enjoy
- 350m (1 min drive/ 5 min walk) to Coal Point Public School
- 2 min drive to shops at Carey Bay Shopping Village
- 5 min drive to Toronto CBD supermarkets and shops, cafes and restaurants
- 35 mins drive to Newcastle CBD
Outgoings:
Water rates: $825.42 approx per annum
Council rates: $2,017 approx per annum
Disclaimer:
All information provided by Presence Real Estate in the promotion of a property for either sale or lease has been gathered from various third-party sources that we believe to be reliable. However, Presence Real Estate cannot guarantee its accuracy, and we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements in the information provided. Prospective purchasers and renters are advised to carry out their own investigations and rely on their own inquiries. All images, measurements, diagrams, renderings and data are indicative and for illustrative purposes only and are subject to change. The information provided by Presence Real Estate is general in nature and does not take into account the individual circumstances of the person or persons objective financial situation or needs.
Listing description written by Alex Brooks, Presence Real Estate — reproduced as published, not verified by Districts.