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NSW › Bolton Point › Glen Mitchell St

2 Glen Mitchell St, Bolton Point NSW 2283

For saleHouse

$799,000

For sale

Asking

$360,000

Last sold

12 Feb 2019

3

Bedrooms

1

Bathrooms

1

Car spaces

678 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $799,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $799,000(Listing record · 10 Apr 2026)
  • FactLand 678 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Bolton Point (last 5 years) with land size: median $1,274/m² of land (n=41). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 11% below the Bolton Point median recorded sale ($899,000, n=13, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Bolton Point's advertised median rent ($480/wk), implied gross yield would be 3.12% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

The ask against the evidence

Asking

$799,000

Asking · $1,178/m² of land

Last recorded sale $360,000 (12 Feb 2019).

Local land rate: recorded House sales in Bolton Point (last 5 years) with land size have a median of $1,274/m² of land (n=41). Districts calculation from recorded sales — not a valuation.

Bolton Point at a glance

2,188

People

$899,000

Median sale

$480/wk

Median rent

2.78%

Suburb gross yield

Median sale from 13 recorded sales (last 12 months) — a Districts calculation.

See the full Bolton Point report →

Vs Bolton Point

-11.1%

Median sale

Suburb $899,000

+0.34 pp

Gross yield

Suburb 2.78%

Suburb median $899,000 from 13 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$799,000
Stamp Duty (New South Wales)
$30,367
Transfer/Registration Fee
$167
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$833,234

$34,234 on top of the price (4.3% extra)

  • Stamp Duty (New South Wales)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Bolton Point's advertised median rent — not a rent for this listing.

Net yield
1.62%
Annual cashflow (pre-tax)
$-28,573
Interest cover (DSCR)
0.31
Annual rent
$24,960
Operating expenses
$11,985
Loan amount
$639,200
Annual interest
$41,548
Gross yield
3.12%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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

201920222026$360k$799k
  • Sold (recorded)
  • Asking price (not a sale)
  1. Listed$799,000available10 Apr 2026
  2. Sold$360,00012 Feb 2019
  3. Listedprice unknowncompleted3 Dec 2018

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 $480/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

Gross yield if leased at the suburb aggregate is 3.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

Bolton Point in one glance

Bolton Point at a glance

2,188

People

$899,000

Median sale

$480/wk

Median rent

2.78%

Suburb gross yield

Median sale from 13 recorded sales (last 12 months) — a Districts calculation.

See the full Bolton Point report →

Keep researching

  • Why Bolton Point? Read the area thesis →
  • What else is on the market in Bolton Point →
  • Other records on Glen Mitchell St →

Listing material

Listed by Ray White Toronto

Elevated Living with Lake Glimpses & Entertainer's Deck in Bolton Point

Welcome to 2 Glen Mitchell Street, Bolton Point - a beautifully positioned home set on a desirable corner block, offering space, comfort, and a relaxed lifestyle with stunning lake glimpses.

Inside, the home features three well-sized bedrooms, all complete with built-in wardrobes, along with a separate lounge room providing a cosy space to unwind. The open plan kitchen and dining area is the heart of the home, showcasing ample storage, a breakfast bar, and a seamless flow out to a magnificent deck - perfect for entertaining while enjoying the elevated outlook.

Recent updates including new carpet, a new oven and range hood, and three reverse cycle air-conditioners ensure year-round comfort and modern convenience.

Read the full description

Step outside to a fully fenced approx. 678m² block with side access into the yard, offering plenty of space for kids, pets, or additional storage. There is also an abundance of off-street parking, ideal for multiple vehicles, boats, or caravans.

Tenants currently in lease until March 2027 currently paying $550.00 potential of $650.00 a week

Key Features:

• Elevated position with beautiful lake glimpses

• Set on a spacious corner block

• Three bedrooms, all with built-in wardrobes

• Separate lounge room for added living space

• Open plan kitchen and dining flowing to outdoor entertaining

• Large kitchen with ample storage, breakfast bar, new oven and range hood

• Expansive deck - perfect for entertaining or relaxing

• Updated with new carpet throughout

• Three reverse cycle air-conditioners for year-round comfort

• Well-appointed bathroom with bath and shower

• Separate laundry with external access

• Fully fenced approx. 678m² block with yard access

• Storage shed for added convenience

• Plenty of off-street parking for cars, boats, or caravans

Ideally located just minutes from local shopping village, schools, parks, the jetty, boat ramp, and swimming baths, this home offers a fantastic lifestyle opportunity in a sought-after lakeside suburb.

A perfect blend of comfort, convenience, and lifestyle - don't miss your chance to secure this standout home.

* Floor plans available on request

* Flexible inspection times to suit you

* Call now to arrange a suitable appointment

From all of us at Ray White Toronto - Wangi Wangi - North Lake Macquarie, we wish you every success in your search for your home. If you would like more detail on this home or to chat about one of the many other properties we have available please call or email us today.

DISCLAIMER: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document

Listing description written by Paul Wrigley, Ray White Toronto — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Toilets: 1
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.