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NSW › Belmont North › Kanundra St

2 Kanundra St, Belmont North NSW 2280

House

$820,000

Last sold

14 May 2024

3

Bedrooms

2

Bathrooms

3

Car spaces

607 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $820,000 (14 May 2024).(Recorded sale)
  • FactLand 607 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Belmont North (last 5 years) with land size: median $1,434/m² of land (n=116). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$820,000

14 May 2024 · derived via latest_sale

Local land rate: recorded House sales in Belmont North (last 5 years) with land size have a median of $1,434/m² of land (n=116). Districts calculation from recorded sales — not a valuation.

Belmont North at a glance

6,147

People

$1,127,000

Median sale

$697/wk

Median rent

3.22%

Suburb gross yield

Median sale from 36 recorded sales (last 12 months) — a Districts calculation.

See the full Belmont North report →

Vs Belmont North

-27.2%

Median sale

Suburb $1,127,000

+1.20 pp

Gross yield

Suburb 3.22%

Suburb median $1,127,000 from 36 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$820,00014 May 2024
  2. Listedprice unknowncompleted10 Apr 2024

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 $697/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

Belmont North in one glance

Belmont North at a glance

6,147

People

$1,127,000

Median sale

$697/wk

Median rent

3.22%

Suburb gross yield

Median sale from 36 recorded sales (last 12 months) — a Districts calculation.

See the full Belmont North report →

Keep researching

  • Why Belmont North? Read the area thesis →
  • What else is on the market in Belmont North →
  • Other records on Kanundra St →

Listing material

Listed by Presence Real Estate

Elevated Family Home Offers Spacious Living and Beach/Lake Lifestyle

We are delighted to present this spacious and welcoming family home, nestled in an elevated setting, and showcasing leafy district views.

The wide front verandah sets the tone for the home – inviting you to savour a cuppa or beverage while relishing the serene outlooks from its elevated aspect. Step inside from here to discover generous dimensions that invite easy family living, with a north-south orientation bathing the home in abundant natural light. Here, modernised touches refine the interior, including an ensuite and large walk-in robe to the generous master, complemented by two more sizeable bedrooms. These spaces converge into the heart of the home – the vast, air-conditioned, open-plan family zone setting the stage for shared meals, movie nights, and lively family gatherings. The adjoining expansive kitchen, with ample benchspace and storage, is perfect for foodies to cook up a storm or easily tackle meal prep for the week. Additionally, an extra bathroom with both shower and bath adds further convenience. Beneath the residence, a versatile multipurpose area awaits, the perfect spot for a hobby room, he/she cave, or a private teenager's retreat, complete with a convenient laundry nook.

Positioned on a corner block yet optimally situated to capitalise on a spacious backyard, this family home presents abundant possibilities. Consider the addition of a granny flat to generate additional income, or perhaps add a large deck to fully maximise its sunny, leafy position. Alternatively, explore the possibility of a second storey to enhance the tranquil vistas from its elevated perch (STCA).

Read the full description

The large block presents a mix of lawned and paved areas, alongside a fernery/ potting area – ideal for those with green thumbs to propagate magic. Completing the residence is a large double garage and off-street parking for two additional cars, ensuring both convenience and practicality.

One of Newcastle's best-kept secrets, and possibly the last bastion of affordability in this beachside locale, Belmont North boasts lovely, treed outlooks and acres of nearby bushland. Its proximity to Lake Mac and stunning beaches offers a multitude of recreational possibilities, further adding to its appeal. Fabulous restaurants, great shopping, schools, parks, and playing fields are all conveniently located within easy reach. Lastly, commuters will love the easy access to the Pacific Highway and the Bypass.

Features include:

- Spacious and welcoming family home, promising easy family living.

- Vast air-conditioned, open-plan family zone.

- Expansive kitchen with abundant benchspace and storage.

- Generous master with ensuite and walk-in robe, along with two further sizeable bedrooms, one with large built-in robes.

- Second family bathroom with bath and shower.

- Large backyard surrounded by mature gardens, perfect for outdoor activities and relaxation.

- Versatile multipurpose area beneath the residence, suitable for various uses such as a hobby room or teenager's retreat and incorporating a convenient laundry nook.

- Sizeable double garage and off-street parking for two additional cars, ensuring convenience and practicality.

- Nestled in Belmont North, surrounded by lovely, treed outlooks and acres of nearby bushland, with easy access to Lake Mac, stunning beaches, schools, parks, and commuting convenience.

Outgoings:

Water rates: $811.98 approx per annum

Council rates: $2,134 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 Diana Apostolovski, Presence Real Estate — reproduced as published, not verified by Districts.

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.