Charmhaven at a glance
2,740
People
$885,000
Median sale
$600/wk
Median rent
3.53%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
NSW › Charmhaven › Restlea Ave
4
Bedrooms
2
Bathrooms
2
Car spaces
556 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Charmhaven (last 5 years) with land size have a median of $1,223/m² of land (n=84). Districts calculation from recorded sales — not a valuation.
Charmhaven at a glance
2,740
People
$885,000
Median sale
$600/wk
Median rent
3.53%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
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 $600/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
Charmhaven at a glance
2,740
People
$885,000
Median sale
$600/wk
Median rent
3.53%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts NewcastleJust 300m from the shores of Budgewoi Lake, this potential-packed property represents a superb opportunity for the buyer with vision. Designed over two versatile levels and presented in neat yet original condition, you will appreciate this property's renovation potential and lucrative value add opportunities.
Currently comprising up to four bedrooms and two bathrooms over each level and open plan living areas upstairs, there's plenty of room for the young family to grow in to. You will love the abundance of natural light and leafy views on offer as well as the two separate verandahs and generous sized backyard.
Whether you choose to modernise the kitchen and bathrooms, reconfigure the floorplan or render the external brickwork, it's clear to see the potential in this spacious family home.
Enhancing this property's appeal is its five-star location. Budgewoi Lake, as well as neighbouring Lake Munmorah and Tuggerah Lake are popular spots for sailing, rowing, and water-skiing, while the foreshores are great for a picnic or bike riding. The M1 Pacific Freeway is easily accessible making the commute to both Sydney and Newcastle a breeze.
- Dual level family home on 556sqm north facing block
- Double lock up garage plus extra parking on driveway
- Open plan lounge and dining upstairs with wood combustion fire
- Original kitchen and bathroom spaces offer the chance to renovate and add value
- Three bedrooms upstairs with the option of two more on ground level
- Two separate verandahs at front of home, gardens and BBQ area at rear
- 2.8km to Gorokan Public school and 1.9km to Gorokan High
- 1600m from Lake Haven shopping centre
* This information has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.
Listing description written by Sam Tsiaousis, Harcourts Newcastle — 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.