Oak Flats at a glance
7,057
People
$1,055,000
Median sale
$711/wk
Median rent
3.50%
Suburb gross yield
Median sale from 61 recorded sales (last 12 months) — a Districts calculation.
NSW › Oak Flats › The Esplanade
$1,385,000
Last sold
13 Mar 2026
4
Bedrooms
3
Bathrooms
2
Car spaces
368 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
$1,385,000
13 Mar 2026 · derived via latest_sale
Local land rate: recorded House sales in Oak Flats (last 5 years) with land size have a median of $1,582/m² of land (n=63). Districts calculation from recorded sales — not a valuation.
Oak Flats at a glance
7,057
People
$1,055,000
Median sale
$711/wk
Median rent
3.50%
Suburb gross yield
Median sale from 61 recorded sales (last 12 months) — a Districts calculation.
Vs Oak Flats
+31.3%
Median sale
Suburb $1,055,000
-0.83 pp
Gross yield
Suburb 3.50%
Suburb median $1,055,000 from 61 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Shellharbour Local Environmental Plan 2013
Zone
Public Recreation
RE1
Jurisdiction
Shellharbour
Shellharbour, NSW
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.
The official layer was queried and no heritage listed area was detected on this parcel (NSW ePlanning Spatial Viewer, retrieved 31 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 Public Recreation · RE1 (Shellharbour Local Environmental Plan 2013). Official parcel area about 368 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. 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 $711/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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Public Recreation · RE1 (Shellharbour Local Environmental Plan 2013). Official parcel area about 368 m². Dual occupancy is not confirmed from the controls loaded for this lot. 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?
KnownmediumNo 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
UnknownNo DA adapter returned applications 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
Oak Flats at a glance
7,057
People
$1,055,000
Median sale
$711/wk
Median rent
3.50%
Suburb gross yield
Median sale from 61 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Right Choice Real EstateAnother SOLD by Right Choice, make us your choice...
Positioned on the tranquil shores of Lake Illawarra, this stunning modern residence delivers a rare blend of waterfront serenity and contemporary comfort. One of only two in an exclusive duplex, the home has been thoughtfully designed to maximise space, light and lifestyle - offering an exceptional opportunity for families, professionals or investors alike.
Step inside to discover expansive open-plan living enhanced by timber flooring, air conditioning and seamless flow to a lakeside balcony, where sweeping water views create the perfect backdrop for everyday living and entertaining.
The sleek modern kitchen is well-appointed with gas cooking and a dishwasher, connecting effortlessly to the main living zone.
Accommodation is generous and versatile, comprising three bedrooms plus a fourth room currently styled as a home office (ideal as an additional bedroom if required). The master suite is a true private retreat, complete with an ensuite, a built-in wardrobe and its own balcony. Two further bedrooms are positioned on the ground floor, both featuring built-in robes.
Three contemporary bathrooms service the home, including a luxurious main bathroom showcasing a full-size freestanding bathtub.
Outdoors, a spacious fenced yard with lush grassed area provides room for kids and pets to play, while gated access leads directly to the peaceful foreshore of Lake Illawarra!
Property highlights:
• Three bedrooms plus an optional fourth bedroom/home office
• Private master retreat with ensuite, built-in robe and balcony
• Open-plan living with timber floors, air conditioning and lakeview balcony
• Modern kitchen with gas cooktop and dishwasher
• Three stylish bathrooms, including a freestanding bath
• Generous fenced backyard with direct lake access
Perfectly positioned in a quiet, family-friendly enclave, you’ll enjoy immediate access to scenic walking and cycling tracks, nearby parks and boat ramps, while remaining just minutes from Oak Flats Shopping Centre, schools, Shellharbour Hospital and major transport links.
A rare lakeside offering where lifestyle, location and modern living come together beautifully.
***Available 7 Days by Appointment***
- For more detailed information please call the Sales Team at Right Choice Real Estate
Listing description written by Enver Sali, Right Choice Real Estate — reproduced as published, not verified by Districts.