Oak Flats at a glance
7,057
People
$1,055,000
Median sale
$711/wk
Median rent
3.50%
Suburb gross yield
Median sale from 61 recorded sales (last 12 months) — a Districts calculation.
NSW › Oak Flats › The Boulevarde
$2,175,000
Last sold
18 July 2025
4
Bedrooms
2
Bathrooms
3
Car spaces
1,084 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
$2,175,000
18 July 2025 · derived via latest_sale
Local land rate: recorded House sales in Oak Flats (last 5 years) with land size have a median of $1,582/m² of land (n=63). Districts calculation from recorded sales — not a valuation.
Oak Flats at a glance
7,057
People
$1,055,000
Median sale
$711/wk
Median rent
3.50%
Suburb gross yield
Median sale from 61 recorded sales (last 12 months) — a Districts calculation.
Vs Oak Flats
+106.2%
Median sale
Suburb $1,055,000
-1.80 pp
Gross yield
Suburb 3.50%
Suburb median $1,055,000 from 61 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 $711/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
Oak Flats at a glance
7,057
People
$1,055,000
Median sale
$711/wk
Median rent
3.50%
Suburb gross yield
Median sale from 61 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Right Choice Real EstateAnother SOLD by Right Choice, make us your choice...
Backing directly onto Lake Illawarra with your own boat ramp and direct access to put your boat or jet ski in, providing the ultimate lifestyle to enjoy the water playground that sits on the edge of your backyard.
Perched on a 1084sqm block, you will find this rare opportunity to purchase a desirable waterfront property.
Featuring:
- Commanding panoramic water and mountain views, this delightful property represents the ultimate lifestyle
- Beautifully positioned to capture the northerly aspect, this family home boasts remarkable uninterrupted water views with direct lake access from your backyard
- A four-bedroom home offering spacious family living suiting different situations
- All four bedrooms are all of great proportion
- Expansive open plan living, with a large family room opening onto the alfresco area
- The timber, light-filled kitchen sits in the heart of the home with the dining area and another raised lounge room sitting at the main entry to the home
- On the lower level is two of the four bedrooms, the main bathroom, laundry and access to your backyard and the water’s edge
- Upstairs is the parents retreat, offering a large master suite, ensuite and WIR and the fourth bedroom/study plus large balcony overlooking the lake
- The fourth bedroom or study option would make an ideal home office with external entrance from the front plus access to the balcony
- Complete with ceiling fans and split air-conditioning in the main bedroom
- Triple garage plus double carport and extra parking for your boat, caravan and jet ski
- The rear balcony and your backyard capture the true serenity that few locations afford
North facing and located on the foreshore of Lake Illawarra, just moments to all major centres such as the Oak Flats Shopping village, Stockland Shellharbour, pristine beaches, Shell Cove Marina and all the major highways up & down the coast.
With too many features to mention this amazing home represents the rarest of opportunities to secure a waterfront property on one of the most amazing and iconic lakes in the country.
Embrace the lakeside lifestyle.
***Available 7 Days by Appointment***
- For more detailed information please call the Sales Team at Right Choice Real Estate
Listing description written by Anthony King, Right Choice Real Estate — reproduced as published, not verified by Districts.