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NSW › Belmont › Lee Ann Cres

2 Lee Ann Cres, Belmont NSW 2280

House

$1,200,000

Last sold

21 Feb 2024

5

Bedrooms

2

Bathrooms

4

Car spaces

868.6 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 $1,200,000 (21 Feb 2024).(Recorded sale)
  • FactLand 869 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Belmont (last 5 years) with land size: median $1,748/m² of land (n=86). 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

$1,200,000

21 Feb 2024 · derived via latest_sale

Local land rate: recorded House sales in Belmont (last 5 years) with land size have a median of $1,748/m² of land (n=86). Districts calculation from recorded sales — not a valuation.

Belmont at a glance

7,390

People

$1,390,000

Median sale

$623/wk

Median rent

2.33%

Suburb gross yield

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

See the full Belmont report →

Vs Belmont

-13.7%

Median sale

Suburb $1,390,000

+0.37 pp

Gross yield

Suburb 2.33%

Suburb median $1,390,000 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$1,200,00021 Feb 2024
  2. Listedprice unknowncompleted28 Sept 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 $623/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 in one glance

Belmont at a glance

7,390

People

$1,390,000

Median sale

$623/wk

Median rent

2.33%

Suburb gross yield

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

See the full Belmont report →

Keep researching

  • Why Belmont? Read the area thesis →
  • What else is on the market in Belmont →
  • Other records on Lee Ann Cres →

Listing material

Listed by Presence Real Estate

Serenity, style and space just moments from the water

This gorgeous, coastal-colonial style home on a quiet, tree-lined cul-de-sac offers serenity, style and space – everything the modern family needs - and all within a couple of minutes of the lake, the ocean, fabulous schools and retail and dining hubs - to make your life, easy, breezy and complete.

Two separate indoor living spaces four large bedrooms upstairs and a fifth bedroom or home office downstairs will cater for the whole family and most rooms boast elegant plantation shutters which open to reveal beautiful bush views. Brand new carpets, fresh paint and an uber-modern main bathroom have given this lovely home a modern update. A fabulous wraparound verandah catches the sea breezes, and terraced, tropical gardens surround the home and include a zen water feature, established trees and designated spots for the kids to grow their own vegetables and herbs. Positioned just five minutes from the Lake Mac Yacht Club and eight minutes from the Belmont Boat Ramp, this is the perfect home for those who seek the high octane thrills of the jet ski, lazy days fishing with the kids or a fun outing on the boat with family and friends. After a day on the water, settle into the firepit area for late night conversations and 'smores around a blazing fire.

The enormous garage, workshop and storage area downstairs could house every big kids' toy imaginable – jet skis, the boat or caravan - or become a brilliant space for those with a home business. While you feel removed from the hustle of life in this quiet property you are just minutes from schools, shops, beautiful Lake Macquarie and of course, our beautiful beaches.

Read the full description

- Five bedroom, two bathroom home on quiet cul-de-sac with gorgeous bush aspect

- Master bedroom boasts ensuite and walk-through wardrobe, remaining bedrooms feature built-ins, ceiling fans, soft carpet underfoot and modern main bathroom

- Gorgeous picket fence, coastal colonial style and fresh paint in neutral colours throughout

- Split system air conditioning, ceiling fans and of course that coastal breeze

- Brand new carpets, freshly painted interior, powered awning on verandah

- 6.6kW solar system and solar hot water, 7000L water tank, gutter guards on roof

- 3 min to Belmont High, 4 mins to Belmont Public School, 6 mins to Belmont Christian College

- 1km from the crystal clear waters of Lake Macquarie, 11 mins to Swansea Belmont Surf Life Saving Club

- 3 mins to Belmont 16s waterfront restaurant, 11 mins to Warners Bay Foreshore

- 5 mins to Belmont Square Shopping Centre, 15 mins to Charlestown Square

Outgoings:

Water rates: $825.42 approx per annum

Council rates: $2,086.8 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 Ryan Nichols, 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.