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NSW › Ocean Shores › Banool Circuit

23 Banool Circuit, Ocean Shores NSW 2483

House

$1,600,000

Last sold

2 Sept 2024

4

Bedrooms

2

Bathrooms

3

Car spaces

726 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 $1,600,000 (2 Sept 2024).(Recorded sale)
  • FactLand 726 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Ocean Shores (last 5 years) with land size: median $1,460/m² of land (n=125). 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

$1,600,000

2 Sept 2024 · derived via latest_sale

Local land rate: recorded House sales in Ocean Shores (last 5 years) with land size have a median of $1,460/m² of land (n=125). Districts calculation from recorded sales — not a valuation.

Ocean Shores at a glance

6,093

People

$1,297,500

Median sale

$900/wk

Median rent

3.61%

Suburb gross yield

Median sale from 62 recorded sales (last 12 months) — a Districts calculation.

See the full Ocean Shores report →

Vs Ocean Shores

+23.3%

Median sale

Suburb $1,297,500

-0.68 pp

Gross yield

Suburb 3.61%

Suburb median $1,297,500 from 62 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

  1. Sold$1,600,0002 Sept 2024
  2. Listedprice unknowncompleted27 May 2024
  3. Listedprice unknowncompleted27 May 2024

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 $900/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

Ocean Shores in one glance

Ocean Shores at a glance

6,093

People

$1,297,500

Median sale

$900/wk

Median rent

3.61%

Suburb gross yield

Median sale from 62 recorded sales (last 12 months) — a Districts calculation.

See the full Ocean Shores report →

Keep researching

  • Why Ocean Shores? Read the area thesis →
  • What else is on the market in Ocean Shores →
  • Other records on Banool Circuit →

Listing material

Listed by Chincogan Real Estate

Quality Designer Residence with Magnificent Ocean Outlook!

Capturing magical 180 degree ocean views, this standout home will take you to a higher level and once on the property, gives an instant sense of seclusion and prestige.

Set on a generous and commanding block, on a highly sought after quiet street, this palatial home has been cleverly designed with all year round sunlight in mind that spills in from the extensive Nor-East facing balconies into the stunning and spacious lounge. Perfect for entertaining, this combination of open plan living, expansive covered balconies and intricate high apex ceiling aligns beautifully with the extensive ocean vistas laid out as an ever changing backdrop. The home draws design inspiration from a multi cultural mosaic with a slight lean to the East. The kitchen is a celebration in functionality and form with handmade 55mm concrete tops and island making for a pivotal centre of the home that will bring everyone together. Meals are served either in the sunlit dining area or choose to take to the balcony for al fresco dining at its finest. Anytime of day is splendid on the balcony and is a real highlight.

Its not like there is nowhere to retreat to when you do want your downtime though in this grand home, with perfect seclusion in the three bedrooms on this upper level. The main, with ensuite and walk in robe, has a feeling of relaxed warmth and stepping from here onto the balcony there is both the dramatic, all round view with the added pleasure of privacy ,.. which makes for a rare but special couple. The design, spread the bedrooms apart so as to allow breathing space from each other and is ultimately the key to this design working and flowing so well around the central hub. Also, on this level is main bathroom and small office / storage space with all year round cooling and heating from split system air conditioning.

Read the full description

Being built into the hillside, allows this main level still to connect with the rear garden. Intricate rockwork and timber terracing gives wonderful access to level garden areas for vegetable and herb growing and children's playtime. Or to simply sit back on the grass and enjoy the sun amongst the mango and citrus trees.

On the lower level you will find a large light and bright 4th bedroom, which would be ideal as a home office or consultation room with the property having NBN wifi. There is a laundry and access to the vast double garage here also. There is a sizable solar array on the roof and thoughtful plantings that will see the property into the future and leave the new owners with very little to maintain. The position is picture perfect with the residence set well back from the street and nestled into the hillside that nearby backs onto national parkland and faces down towards the superb beaches of New Brighton and South Golden Beach. Cycling or walking will see you lazing on the sand, ordering at the cafe, sitting by the river or taste testing at the farmers market in 5 or 10 minutes! Great access from here to the highway takes you to GC Airport in 30 min and Byron Bay is only 15 minutes to the South.

This is a standout residence in a standout location so move quick to book your private tour and secure this great value property that will repay you for years to come.

Listing description written by Danny Thompson, Chincogan Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Broadband
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Ensuites: 1
  • Fully Fenced
  • Outdoor Entertaining
  • Pay TV
  • Remote Garage
  • Secure Parking
  • Solar Panels
  • Study
  • Toilets: 2

Also look at

Also for sale in Ocean Shores

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  • U10, 4 Bindaree Way, Ocean Shores NSW 2483

    2-bed unit. Asking $760K–$780K.

    For sale
  • 37 Natan Ct, Ocean Shores NSW 2483

    3-bed house for sale. Currently listed.

    For sale
  • 17 Yalla Kool Dr, Ocean Shores NSW 2483

    3-bed house for sale. Asking $1.2M–$1.3M.

    For sale
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.