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NSW › Warabrook › Olearia Cres

22 Olearia Cres, Warabrook NSW 2304

House

$680,000

Last sold

18 June 2020

4

Bedrooms

2

Bathrooms

2

Car spaces

600 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 $680,000 (18 June 2020).(Recorded sale)
  • FactLand 600 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Warabrook (last 5 years) with land size: median $1,665/m² of land (n=27). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$680,000

18 June 2020 · derived via latest_sale

Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.

Local land rate: recorded House sales in Warabrook (last 5 years) with land size have a median of $1,665/m² of land (n=27). Districts calculation from recorded sales — not a valuation.

Warabrook at a glance

2,005

People

$956,000

Median sale

$612/wk

Median rent

3.33%

Suburb gross yield

Median sale from 7 recorded sales (last 12 months) — a Districts calculation.

See the full Warabrook report →

Vs Warabrook

-28.9%

Median sale

Suburb $956,000

+1.35 pp

Gross yield

Suburb 3.33%

Suburb median $956,000 from 7 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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

201620182020$560k$680k
  • Sold (recorded)
  1. Sold$680,00018 June 2020
  2. Listedprice unknowncompleted9 Apr 2020
  3. Listedprice unknowncompleted9 Apr 2020
  4. Sold$560,00020 June 2016
  5. Listedprice unknowncompleted19 May 2016
  6. Listedprice unknowncompleted19 May 2016

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 $612/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.

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

Warabrook in one glance

Warabrook at a glance

2,005

People

$956,000

Median sale

$612/wk

Median rent

3.33%

Suburb gross yield

Median sale from 7 recorded sales (last 12 months) — a Districts calculation.

See the full Warabrook report →

Keep researching

  • Why Warabrook? Read the area thesis →
  • What else is on the market in Warabrook →
  • Other records on Olearia Cres →

Listing material

Listed by Dowling Real Estate Lake Macquarie

AN EXCEPTIONALLY WELL PROPORTIONED FAMILY HOME

Inspection by appointment only.

Immaculately presented throughout is this single level brick and tile family home, located in an elevated and convenient position. Offering the perfect balance of multiple living areas and practical floor-plan for today’s modern family to enjoy. The moment you step into the home you are welcomed by the spacious entrance that then leads into this light and bright family home, with endless space. The centralised timber kitchen is the heart of the home offering, gas cooking ample storage, walk in pantry and bench space that looks out onto the north facing paved outdoor entertaining area and family/meal area. The main bathroom has been completely renovated with quality modern tiles and inclusions and an additional 3rd separate toilet. The sunny formal dining room offer’s the option for a 5th bedroom/office space or simply left as a formal dining room. This wonderful family home is quite deceiving and must be inspected to be appreciated. Located among quality home and set on a low maintenance block.

- 4 Generous size bedrooms, walk-in & built-in robe, ensuite to master bedroom

Read the full description

- Built-in robes to all other bedrooms, loads of storage throughout the home

- Formal lounge, formal dining, rumpus room, family room, meals area

- Neutral colour pallet throughout allows natural lighting to shine through

- New ducted air-conditioning, 9 foot ceilings, 2 x gas outlets

- NBN: Fibre to the premises

- Double lockup garage , with new auto doors

- Return veranda, lush gardens, elevated position

- Short walk to the nearest bus stop

- Walking/bike it to Warabrook Train Station, Newcastle University & Mater Hospital

- Convenience of Warabrook shopping centre, child care centres and Warabrook Waters Walking Track, playground &

BBQ area

- 20min Drive to Newcastle airport, 15 min into the CBD, local beaches and harbour

- Schools In Catchment Mayfield West Public, Waratah Callaghan College

Outgoings :

Water Rates: $750.00 ( with water usage) per annum

Council Rates: $1,740.00

Listing description written by Maria Di Claudio, Dowling Real Estate Lake Macquarie — 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.