Lake Heights at a glance
4,007
People
$920,500
Median sale
$725/wk
Median rent
4.10%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
NSW › Lake Heights › Grand View Pde
$1,000,000
Last sold
24 Apr 2024
7
Bedrooms
2
Bathrooms
4
Car spaces
734 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
$1,000,000
24 Apr 2024 · derived via latest_sale
Local land rate: recorded House sales in Lake Heights (last 5 years) with land size have a median of $1,423/m² of land (n=108). Districts calculation from recorded sales — not a valuation.
Lake Heights at a glance
4,007
People
$920,500
Median sale
$725/wk
Median rent
4.10%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
Vs Lake Heights
+8.6%
Median sale
Suburb $920,500
-0.33 pp
Gross yield
Suburb 4.10%
Suburb median $920,500 from 48 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 $725/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
Lake Heights at a glance
4,007
People
$920,500
Median sale
$725/wk
Median rent
4.10%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by A-List Property GroupGrand Lakeside Residence with Endless Possibilities
Welcome to 21 Grand View Parade, a generously proportioned double storey 7-bedroom house located in the highly sought-after suburb of Lake Heights. This exceptional property offers breath taking views with a unique blend of space with bedrooms and bathrooms on two floors with large windows, creating an open and light filled atmosphere, providing opportunity for either dual occupancy or accommodating the extended family, offering endless possibilities...
The property features seven generous sized bedrooms, five with built-in wardrobes and air conditioning, open plan kitchen with stainless steel appliances, separate living and dining areas, main bathroom with separate bath and shower, internal laundry, large linen closet, under staircase storage plus third toilet, internal double car garage, garden shed, sunroom overlooking sizeable level yard and stunning views of the escarpment and Lake Illawarra.
Located a short walk to Lake Heights Primary School, public transport, Lake Illawarra foreshore, Illawarra Yacht Club and a short drive to Warrawong Plaza, Port Kembla Beach and approximately a 10-minute drive to Wollongong CBD, University and public and private hospitals.
Features:
- Seven generous sized bedrooms, five with mirrored built in wardrobes & air conditioning
- Original kitchen with stainless steel appliances, 900cm oven, electric cooking & dishwasher
- Spacious living area with air conditioning & direct access to large, covered balcony
- Separate dining area with ceiling fan
- Main bathroom with bath and shower & separate toilet
- Downstairs bathroom with shower, toilet plus additional third toilet
- Sunroom overlooking level backyard
- Internal laundry, extra-large linen closet plus under staircase storage
- Garden shed plus covered balcony
- Stunning views of Lake Illawarra from the kitchen, bedroom, balcony & backyard
- Double car garage with internal access
- 734m2 block with opportunity to extend (STCA) or add a granny flat
- 85m walk to Lake Heights Public school & Lake Heights reserve
- Rental Appraisal $800 - $850 per week (approx)
Outgoings:
Council Rates $581 per quarter (approx)
Water Rates $172 per quarter (approx)
*** Sold by Anthony Sorace - 0413 690 459 - A-List Property Group***
Disclaimer:
Whilst A-List Property Group has made every effort to ensure the information supplied to you in our marketing material is correct, we cannot guarantee the accuracy of the information provided by our Vendors, and as such, A-List Property Group makes no statement, representation, or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps and images are representative only, for marketing purposes.
Listing description written by Anthony Sorace, A-List Property Group — reproduced as published, not verified by Districts.
Also look at
U2, 1 Backhouse Rd, Lake Heights NSW 2502
5-bed house. Currently listed.
150 Shearwater Dr, Lake Heights NSW 2502
0-bed land for sale. Asking $699K.
35 Hassan St, Lake Heights NSW 2502
5-bed house for sale. Asking $950K.
48 Weringa Ave, Lake Heights NSW 2502
5-bed block of units for sale. Asking $1.15M.