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NSW › Primbee › Korrongulla Cres

20 Korrongulla Cres, Primbee NSW 2502

House

$590,000

Last sold

17 June 2019

4

Bedrooms

3

Bathrooms

2

Car spaces

321 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 $590,000 (17 June 2019).(Recorded sale)
  • FactLand 321 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Primbee (last 5 years) with land size: median $1,368/m² of land (n=34). 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

$590,000

17 June 2019 · derived via latest_sale

Local land rate: recorded House sales in Primbee (last 5 years) with land size have a median of $1,368/m² of land (n=34). Districts calculation from recorded sales — not a valuation.

Primbee at a glance

1,620

People

$1,161,500

Median sale

$634/wk

Median rent

2.84%

Suburb gross yield

Median sale from 14 recorded sales (last 12 months) — a Districts calculation.

See the full Primbee report →

Vs Primbee

-49.2%

Median sale

Suburb $1,161,500

+2.75 pp

Gross yield

Suburb 2.84%

Suburb median $1,161,500 from 14 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$590,00017 June 2019
  2. Listedprice unknowncompleted4 Apr 2019
  3. Listedprice unknowncompleted4 Apr 2019

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 $634/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

Primbee in one glance

Primbee at a glance

1,620

People

$1,161,500

Median sale

$634/wk

Median rent

2.84%

Suburb gross yield

Median sale from 14 recorded sales (last 12 months) — a Districts calculation.

See the full Primbee report →

Keep researching

  • Why Primbee? Read the area thesis →
  • What else is on the market in Primbee →
  • Other records on Korrongulla Cres →

Listing material

Listed by Powered by Smile Elite NSW

Location and Low-Maintenance Lifestyle.

Set in the pristine & quiet suburb of Primbee this lovingly and well maintained property will suit a multitude of people.

From the moment you step into this four bedroom home you realise its special. From the landscaped gardens that greet you at the front door, through to the covered alfresco for that all-weather BBQ area.

If you don't want the hassle of extensive lawn maintenance, this is the perfect home. The size is impressive with room for a family or is equally ideal for those wishing to downsize the yard but not the size of the home. A maintenance-free property with space and privacy!

Read the full description

Within footsteps of the local primary school, café and post office, and just minutes to major shopping, restaurants, beaches, lake foreshore, and only 15 minutes to the rich Wollongong CBD lifestyle.

This property is a must-see for the busy executive couple, busy families or active retirees who need a home base. Call Monique Field to arrange your inspection today on 0403 021 172 or email monique.field@smileelite.com

- Master Bed with ensuite, walk in robe and built in robe

- Downstairs bedroom with bathroom

- Generous and light filled layout with open plan kitchen/living/dining

- Covered outdoor entertaining

- Private courtyard drenched in sunlight

- Fully fenced front and key locked secure rear yard

- Low maintenance property with front lawn and mature trees and gardens

- Double remote garage with internal access and workshop

- Close to Port Kembla Golf Club, Port Kembla beach and amenities

- Easy access to beautiful beaches and 15 minutes to CBD

Disclaimer: All information contained herein is obtained from property owners or third party sources which we believe are reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested persons should rely on their own enquiries.

Listing description written by Monique Field, Powered by Smile Elite NSW — reproduced as published, not verified by Districts.

Property features

  • Alarm System
  • Ensuites: 1
  • Living Areas: 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.