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NSW › Mount Warrigal › Matthews Dr

22 Matthews Dr, Mount Warrigal NSW 2528

House

$940,000

Last sold

13 July 2026

3

Bedrooms

1

Bathrooms

3

Car spaces

866 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 $940,000 (13 July 2026).(Recorded sale)
  • FactLand 866 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Mount Warrigal (last 5 years) with land size: median $1,552/m² of land (n=101). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Public Recreation (RE1) under the Shellharbour Local Environmental Plan 2013.(NSW ePlanning Spatial Viewer · 31 Aug 2026)

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?

No verification items generated for this record.

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

$940,000

13 July 2026 · derived via latest_sale

Local land rate: recorded House sales in Mount Warrigal (last 5 years) with land size have a median of $1,552/m² of land (n=101). Districts calculation from recorded sales — not a valuation.

Mount Warrigal at a glance

4,854

People

$942,500

Median sale

$752/wk

Median rent

4.15%

Suburb gross yield

Median sale from 42 recorded sales (last 12 months) — a Districts calculation.

See the full Mount Warrigal report →

Vs Mount Warrigal

-0.3%

Median sale

Suburb $942,500

+0.01 pp

Gross yield

Suburb 4.15%

Suburb median $942,500 from 42 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

Shellharbour Local Environmental Plan 2013

Zone

Public Recreation

RE1

Jurisdiction

Shellharbour

Shellharbour, NSW

Planning overlays

  • heightDetected
  • heritageNot detected

Planning constraints

  • 109

Development activity

Data unavailable

Source

  • Provider: NSW ePlanning Spatial Viewer
  • Dataset: Planning Portal Principal Planning — Land Zoning Map
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 101104177

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 detected — official

The official layer was queried and no heritage listed area was detected on this parcel (NSW ePlanning Spatial Viewer, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.

Records

Property history

  1. Sold$940,00013 July 2026
  2. Listedprice unknowncompleted12 June 2026
  3. Listedprice unknowncompleted12 June 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?

Confidence: medium

Zoned Public Recreation · RE1 (Shellharbour Local Environmental Plan 2013). Official parcel area about 872 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 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 $752/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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned Public Recreation · RE1 (Shellharbour Local Environmental Plan 2013). Official parcel area about 872 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • 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?

    Knownmedium

    Official parcel about 872 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Mount Warrigal in one glance

Mount Warrigal at a glance

4,854

People

$942,500

Median sale

$752/wk

Median rent

4.15%

Suburb gross yield

Median sale from 42 recorded sales (last 12 months) — a Districts calculation.

See the full Mount Warrigal report →

Keep researching

  • Why Mount Warrigal? Read the area thesis →
  • What else is on the market in Mount Warrigal →
  • Other records on Matthews Dr →

Listing material

Listed by Ray White Shellharbour

Endless Potential with Lake Views

Positioned proudly on the high side of one of Mount Warrigal's most established streets, this much-loved family home presents a rare opportunity to secure a substantial parcel of land with beautiful water views, exceptional space and endless scope to make it your own.

Held and cherished for many years, the residence remains in largely original condition, offering the perfect canvas for renovators, investors or families looking to create their dream home in a highly sought-after lifestyle location.

Enjoying an elevated outlook towards the ocean, the home features three generous bedrooms, a central bathroom and multiple living spaces designed for comfortable family living. Two separate living areas provide flexibility for growing families, while the functional floorplan offers plenty of potential for modern updates and future value enhancement.

Read the full description

Stepping outside, the property truly comes into its own. A large studio provides endless versatility as a workshop, creative space, home business, teenage retreat or additional storage, complemented by a separate shed and expansive backyard. Established gardens, a tranquil pond and plenty of open lawn create a wonderful setting for children, pets and outdoor entertaining.

Adding further appeal is the abundance of off-street parking, including a double garage and dedicated space for a boat, caravan or additional vehicles an increasingly rare feature in today's market.

Located just moments from the foreshore of Lake Illawarra, pristine local beaches, schools, shopping centres and everyday conveniences, this is an opportunity to secure a property that offers both immediate comfort and exciting future potential in a location renowned for its relaxed coastal lifestyle.

A home filled with memories, ready for its next chapter. Contact Amanda Bonnici 0457 088 911 to book an inspection.

Listing description written by Amanda Bonnici, Ray White Shellharbour — reproduced as published, not verified by Districts.

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.