Marks Point at a glance
1,871
People
$925,000
Median sale
$583/wk
Median rent
3.28%
Suburb gross yield
Median sale from 6 recorded sales (last 24 months) — a Districts calculation.
NSW › Marks Point › Shannon St
$813,000
Last sold
17 Mar 2023
3
Bedrooms
1
Bathrooms
2
Car spaces
651 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
$813,000
17 Mar 2023 · derived via latest_sale
Local land rate: recorded House sales in Marks Point (last 5 years) with land size have a median of $1,574/m² of land (n=31). Districts calculation from recorded sales — not a valuation.
Marks Point at a glance
1,871
People
$925,000
Median sale
$583/wk
Median rent
3.28%
Suburb gross yield
Median sale from 6 recorded sales (last 24 months) — a Districts calculation.
Vs Marks Point
-12.1%
Median sale
Suburb $925,000
+0.45 pp
Gross yield
Suburb 3.28%
Suburb median $925,000 from 6 recorded sales (last 24 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 $583/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
UnknownNSW 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.
Area
Marks Point at a glance
1,871
People
$925,000
Median sale
$583/wk
Median rent
3.28%
Suburb gross yield
Median sale from 6 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by SOLD Real EstateNestled in a quiet, small, waterfront reserve cul-de-sac, just a couple of homes off the water, you couldn't ask for a better location.
Set on the flat, Marks Point Marina and its Village Café and shopping strip is just an easy stroll away, with a fabulous café, post office deli/cafe, take away, mixed business and hairdresser all just seconds from home.
The cul-de-sac feels hidden away and intimate, perfect for anyone who wants to be away from main road traffic and mainstream pedestrians.
There's no reason to enter the cul-de-sac unless you live here or you're visiting, so the neighbourhood has a lovely community feel, with stunning homes down on the waterfront reserve.
Boasting a colossal 26.5m frontage and an even larger 29m back boundary, the opportunity to build something very special here, should capture the imagination of those keen to enjoy substantial single level living, with loads of street appeal and great garaging, but not too much lawn.
Lending itself to anyone wanting to renovate or knock down/rebuild, with a focus on upsizing your lifestyle, by the water, whilst downsizing on stairs and tons of lawn and yard work.
A potential dual occupancy site, (stca) why not work the old girl's great bones for now and renovate to live, holiday or let out the property short term, with a view to building yourself an amazing dual occ where you can live and earn an income or look after elderly family or your kids.
Promising old world, solid hardwood construction, she is pretty original and you will need to see past the old school carpet, but as you can see from the master bedroom photo, timber floorboards lie in wait of being unveiled and they should come up a treat with a sand an polish.
The floorplan is so much better than some of the old shacks around, with living that flows front to back that could easily be opened up, with a logical bedrooms and bathroom wing and separate toilet and an attached garage that you could easily open up for even bigger open plan living or second living or perhaps even a new master with ensuite.
There's still stacks of room to add a new double garage and carport, so losing the original garage is no problem!
The original new build was courtesy of a very well regarded builder of the time and this is a real house, not an add on old fishing shack, unfortunately time and unwell owners have let her slide a little, but there's a reason it's been a 1 family home, no one ever wanted to leave the spot and it took all 3 passing on before you could get an opportunity to get your hands on it.
Anyone handy will see the easily explored potential and anyone with a few bucks behind them will see the very bright future site this magically located property offers…
She will be sold, we will listen to offers prior, all you need to do is let us know you're interested…
*Rely on your own information and research
*Renovations, extensions, knockdown rebuild and new home approval subject to council approval.
Listing description written by Shanti Page, SOLD Real Estate — reproduced as published, not verified by Districts.