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NSW › Koonawarra › Culgoa Cres

2 Culgoa Cres, Koonawarra NSW 2530

House

$730,000

Last sold

11 Dec 2023

4

Bedrooms

2

Bathrooms

2

Car spaces

746.1 m²

Land

122 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $730,000 (11 Dec 2023).(Recorded sale)
  • CalculationLand 746 m² against a 122 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Koonawarra (last 5 years) with land size: median $1,238/m² of land (n=98). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$730,000

11 Dec 2023 · derived via latest_sale

Local land rate: recorded House sales in Koonawarra (last 5 years) with land size have a median of $1,238/m² of land (n=98). Districts calculation from recorded sales — not a valuation.

Koonawarra at a glance

3,672

People

$842,000

Median sale

$589/wk

Median rent

3.64%

Suburb gross yield

Median sale from 24 recorded sales (last 12 months) — a Districts calculation.

See the full Koonawarra report →

Vs Koonawarra

-13.3%

Median sale

Suburb $842,000

+0.56 pp

Gross yield

Suburb 3.64%

Suburb median $842,000 from 24 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$730,00011 Dec 2023
  2. Listedprice unknowncompleted23 Nov 2023

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $589/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

Koonawarra in one glance

Koonawarra at a glance

3,672

People

$842,000

Median sale

$589/wk

Median rent

3.64%

Suburb gross yield

Median sale from 24 recorded sales (last 12 months) — a Districts calculation.

See the full Koonawarra report →

Keep researching

  • Why Koonawarra? Read the area thesis →
  • What else is on the market in Koonawarra →
  • Other records on Culgoa Cres →

Listing material

Listed by Harcourts Dapto | Albion Park | Shellharbour

Your Dream Home Awaits!

Discover your dream home in the serene suburb of Koonawarra, NSW! Nestled in a coveted corner block position, this four-bedroom haven offers an idyllic blend of comfort, convenience, and charm. Perfect for families, first-time buyers, or savvy investors, this property promises a lifestyle of ease and tranquility, all while being a short walk from the picturesque Lake Illawarra.

- Four Spacious Bedrooms: featuring stylish floating floorboards. The master bedroom is complimented by an ensuite, carpet flooring and a reverse cycle air conditioning.

- Inviting Lounge Room: A spacious area with cosy gas heating and reverse cycle air conditioning, perfect for family gatherings.

Read the full description

- Modern, Updated Kitchen: Equipped with stainless steel appliances, ample bench and cupboard space, and a handy breakfast bar.

- Contemporary Bathroom: Floor-to-ceiling tiling, a corner spa with shower, and a sophisticated vanity with soft-closing cupboards.

- Versatile Living Spaces: A family and dining area extends from the kitchen, enhanced with reverse cycle air conditioning.

- Outdoor Entertaining: Enjoy the rear fully covered sundeck, for those summer afternoons

- Convenient Additional Features: Laundry with a second shower and toilet in the garage, plus a separate hot water system.

- Ample Parking: Detached garage, large parking area, and additional off-street parking in the gated driveway.

- Extra Workshop Space: A 4.2m x 5.6m shed, perfect for a workshop, home gym, or to tinker away.

- Child-Friendly Yard: Spacious, level, and fully fenced with lush, sun-washed lawns.

- Low Maintenance Gardens: Beautifully manicured for great street appeal.

- Energy Efficient: Equipped with solar power and solar hot water to reduce your utility bills.

Living in Koonawarra offers the perfect balance of suburban life and convenient access to local amenities. Just a short walk from Lake Illawarra, this home is surrounded by lush reserves, ideal for nature lovers and outdoor enthusiasts. The proximity to Dapto Mall, medical centres, cafes, restaurants, and schools makes daily life a breeze. With no rear neighbours, enjoy the coastal breezes and ability to walk the family dog with ease. This property is not just a house; it's a home ready to create lasting memories.

Listing description written by Jarath Moss, Harcourts Dapto | Albion Park | Shellharbour — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Floorboards
  • Outdoor Entertaining
  • Remote Garage
  • Reverse Cycle Aircon
  • Solar Panels
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.