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NSW › Shell Cove › Ragamuffin Circuit

20 Ragamuffin Circuit, Shell Cove NSW 2529

For saleHouse for Sale

$1,745,000

For sale

Asking

5

Bedrooms

2

Bathrooms

3

Car spaces

605 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,745,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,745,000(Listing record · 29 July 2026)
  • CalculationAsk is 16% above the Shell Cove median recorded sale ($1,505,000, n=90, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Shell Cove's advertised median rent ($970/wk), implied gross yield would be 2.89% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$1,745,000

Asking · $2,884/m² of land

No recorded sale for this property.

Shell Cove at a glance

8,462

People

$1,505,000

Median sale

$970/wk

Median rent

3.35%

Suburb gross yield

Median sale from 90 recorded sales (last 12 months) — a Districts calculation.

See the full Shell Cove report →

Vs Shell Cove

+15.9%

Median sale

Suburb $1,505,000

-0.46 pp

Gross yield

Suburb 3.35%

Suburb median $1,505,000 from 90 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,745,000
Stamp Duty (New South Wales)
$77,987
Transfer/Registration Fee
$167
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,826,854

$81,854 on top of the price (4.7% extra)

  • Stamp Duty (New South Wales)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Shell Cove's advertised median rent — not a rent for this listing.

Net yield
1.39%
Annual cashflow (pre-tax)
$-66,475
Interest cover (DSCR)
0.27
Annual rent
$50,440
Operating expenses
$26,175
Loan amount
$1,396,000
Annual interest
$90,740
Gross yield
2.89%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$1,745,000available29 July 2026

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 $970/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

Gross yield if leased at the suburb aggregate is 2.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

Shell Cove in one glance

Shell Cove at a glance

8,462

People

$1,505,000

Median sale

$970/wk

Median rent

3.35%

Suburb gross yield

Median sale from 90 recorded sales (last 12 months) — a Districts calculation.

See the full Shell Cove report →

Keep researching

  • Why Shell Cove? Read the area thesis →
  • What else is on the market in Shell Cove →
  • Other records on Ragamuffin Circuit →

Listing material

Listed by Shellharbour Marina Real Estate

Modern Coastal Haven with Pool, Views & Versatile Living

Step into this coastal lifestyle retreat, where sweeping marina views and seamless indoor/outdoor living make every day feel like a holiday.

Beautifully designed and filled with natural light, this residence offers five bedrooms, including a spacious master suite with walk-in-robe and ensuite. Multiple living areas across different levels provide flexibility for the whole family, while the chef's kitchen with quality appliances anchors the heart of the home. Flowing seamlessly from the kitchen and dining area, step out to the balcony where sweeping views create the perfect backdrop for family meals or entertaining guests.

The recently updated downstairs area now connects seamlessly to the main home via an internal door that can also be closed off, creating a private, self contained space. Complete with its own kitchenette, side access, and private entry, this level is currently sublet as an Airbnb - offering excellent income potential or the perfect setup for multi generational living.

Read the full description

Outdoors, enjoy your own private oasis: a large undercover entertaining area and polished deck overlooking the heated inground pool, complemented by a lush grassed yard - ideal for kids, pets, or simply relaxing in the sun.

With subfloor storage running the full length of the home, a triple car garage, and additional side access for boats, trailers, or extra vehicles, this property truly caters for every need.

Further features include:

• Timber Floors

• Solar Panels

• CCTV security system

• NBN connectivity

• Attic style storage

• Extensive under house storage

• Off-street caravan/boat parking

• LED energy efficient lighting

• Ethernet points throughout, including the outdoor entertaining area

Simply move in and enjoy the views, the lifestyle, and the potential this exceptional home provides.

Shell Cove is a family friendly suburb within Shellharbour and offers everything within only a short walk or drive including; The Marina, Killalea Regional Park, the Farm beach, The Links golf course, Shellharbour Village, Shell Cove Public School, Stocklands Shopping Centre and Movie Precinct. Shellharbour Junction Train Station is just down the road, Wollongong is only 22 kms away, 8 minutes to Kiama and 15 minutes to Jamberoo Action Park. The new Shellharbour Airport is nearby in Albion Park and only a 1 hour drive to the Southern suburbs of Sydney.

Listing description written by Michelle Mannex, Shellharbour Marina Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Floorboards
  • Fully Fenced
  • Outdoor Entertaining
  • In-Ground Pool
  • Remote Garage
  • Rumpus Room
  • Secure Parking
  • Solar Panels
  • Study
  • Workshop
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.