Elermore Vale at a glance
6,274
People
$995,000
Median sale
$598/wk
Median rent
3.13%
Suburb gross yield
Median sale from 46 recorded sales (last 12 months) — a Districts calculation.
NSW › Elermore Vale › Lake Rd
$950,000
Last sold
4 June 2024
4
Bedrooms
3
Bathrooms
4
Car spaces
1,175 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
$950,000
4 June 2024 · derived via latest_sale
Local land rate: recorded House sales in Elermore Vale (last 5 years) with land size have a median of $1,483/m² of land (n=90). Districts calculation from recorded sales — not a valuation.
Elermore Vale at a glance
6,274
People
$995,000
Median sale
$598/wk
Median rent
3.13%
Suburb gross yield
Median sale from 46 recorded sales (last 12 months) — a Districts calculation.
Vs Elermore Vale
-4.5%
Median sale
Suburb $995,000
+0.14 pp
Gross yield
Suburb 3.13%
Suburb median $995,000 from 46 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 $598/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
Elermore Vale at a glance
6,274
People
$995,000
Median sale
$598/wk
Median rent
3.13%
Suburb gross yield
Median sale from 46 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Presence Real EstateSet well back from the street and backdropped by elevated district views and lush greenery bringing the sounds of birdsong, this home is an exceptionally peaceful oasis. A dream come true for growing families seeking a property where all the hard work of renovating has already been done, the brick and tile four bedder is packed full of features to make life easy and comfortable.
Perched on a wonderfully private 1175sqm block, the property is preceded by a double carport and a side driveway that caters to multi-vehicle off-street parking. Inside, there's not a cent to spend and the layout is exceptionally practical with the contemporary Caesarstone kitchen as the functioning heart, living and dining areas at one end and the sleeping quarters and two modern new bathrooms at the other. Three split system air-conditioners and a working fireplace keep things comfortable while a study nook, large laundry room, and guest powder room add convenience in spades. Two sets of glass sliding doors offer effortless connection to the new Merbau deck and low maintenance yard for alfresco enjoyment. The cherry on top is the separate studio with its own bathroom and kitchenette. This versatile space could be a home office, teen retreat, or occasional guest accommodation – the choice is entirely yours!
Convenience is key, with the home located a mere 300m from highly regarded Macquarie College, and 1700m from Elermore Vale Public School eliminating school traffic chaos. With buses close by, you're just 10-minutes from John Hunter Hospital and the University of Newcastle. Plus, everyday essentials are within easy reach at Elermore Vale, Wallsend, Cardiff, and Glendale. And with so many recreational activities on your doorstep, you'll be spending weekends boating, swimming or fishing at Lake Macquarie, wining and dining in Newcastle, or heading to nearby state reserve for bushwalking and mountain biking.
- Fully renovated brick and tile home on peaceful and private 1175sqm block
- Split level lounge and dining with a/c, working fire, and seamless connection to new deck
- Caesarstone kitchen/casual meals with electric cooktop, wall oven, dishwasher
- Air-conditioned master bedroom with walk-in robe and new ensuite
- Three additional bedrooms all with built-in robes served by full-size main bathroom
- Large laundry room with ample storage, guest powder room
- Studio retreat with kitchenette, new bathroom, new blinds
- Double carport plus abundant driveway parking
- 8.5km/11mins to M1 and Hunter Expressway, 12km/20mins to Newcastle city centre
OUTGOINGS
Council rates: $4,514.36 approx. per annum
Water rates: $908.22 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 Natalie Tonks, Presence Real Estate — reproduced as published, not verified by Districts.
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