Glendale at a glance
3,361
People
$853,500
Median sale
$630/wk
Median rent
3.84%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
$680,000
Last sold
23 Oct 2024
3
Bedrooms
1
Bathrooms
4
Car spaces
828 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
$680,000
23 Oct 2024 · derived via latest_sale
Local land rate: recorded House sales in Glendale (last 5 years) with land size have a median of $1,352/m² of land (n=94). Districts calculation from recorded sales — not a valuation.
Glendale at a glance
3,361
People
$853,500
Median sale
$630/wk
Median rent
3.84%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Vs Glendale
-20.3%
Median sale
Suburb $853,500
+0.98 pp
Gross yield
Suburb 3.84%
Suburb median $853,500 from 29 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
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.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning 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.
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
No advertised rent is recorded. Suburb median rent $630/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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Glendale at a glance
3,361
People
$853,500
Median sale
$630/wk
Median rent
3.84%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate Lake MacquarieThis home needs some work.... What will you do?
With so much potential this affordable 3-bedroom, 1-bathroom single level home is the ideal first home for a young couple starting out or ideal for an investor to do improvements to the home & build a granny flat out in the large backyard to obtain a dual income.
Set on a generously sized 828m2 block on the high side of a quiet cul-de-sac packed with potential, there's ample room to build the shed of your dreams or a large inground swimming pool with plenty of yard left over for your children & fur-children to run & play.
Roll up your sleeves and give the place a lick of paint, polish the timber flooring, add new carpet & transform this house into your home. At the rear of the home is the open-plan kitchen, seamlessly flowing into the dining area. The large lounge room is bathed in natural light creating an ideal space for entertaining and everyday living.
The home includes three bedrooms offering a peaceful retreat for each family member. The bathroom was updated a few years about but still needs finishing touches & includes a separate shower, bath and separate W/C, catering to all your needs.
Outside, you'll find a single carport and a bonus 2 sheds, providing plenty of parking options or additional storage space or workshop plus there's a shipping container for additional storage to lock up your toys. The expansive yard is perfect for kids, pets, or anyone who loves the outdoors, offering the flexibility to create your own personal oasis.
Land Size Approx. 828m2 with 12.1m Frontage fanning out to 21.5m at the rear boundary & the block is 50.4m Deep
Land Rates Approx. $616 Per Quarter
Water Rates Approx. $220 Per Quarter
Potential Rental Return Approx. $540 Per Week
Located in a family-friendly neighbourhood within walking distance to local schools, Tafe, parks and playgrounds, Stockland Glendale Shopping Centre, Waratah Golf Course, and only minutes away to Bunnings, Costco & glorious Lake Macquarie this home combines the best of indoor and outdoor living in one inviting package.
Don't miss this opportunity to secure a wonderful home with plenty of potential!
For further information contact the local area's first choice for real estate Troy Duncan on 4950 8555
First National Real Estate Lake Macquarie are your local experts for the Lake Macquarie and Newcastle area, we proudly market this home and are always looking for more homes to sell. If you would like honest, expert advice to achieve excellent results, call us on 4950 8555 to discuss your home.
Disclaimer: All information, contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing.
Listing description written by Troy Duncan, First National Real Estate Lake Macquarie — reproduced as published, not verified by Districts.
NSW 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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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.