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NSW › Lakelands › Broughton Way

23 Broughton Way, Lakelands NSW 2282

House

$1,380,000

Last sold

25 Aug 2023

5

Bedrooms

3

Bathrooms

3

Car spaces

805 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 $1,380,000 (25 Aug 2023).(Recorded sale)
  • FactLand 805 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Lakelands (last 5 years) with land size: median $1,798/m² of land (n=19). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Low Density Residential (R2) under the Lake Macquarie Local Environmental Plan 2014.(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

$1,380,000

25 Aug 2023 · 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 Lakelands (last 5 years) with land size have a median of $1,798/m² of land (n=19). Districts calculation from recorded sales — not a valuation.

Lakelands at a glance

1,634

People

$1,022,500

Median sale

$450/wk

Median rent

2.29%

Suburb gross yield

Median sale from 6 recorded sales (last 12 months) — a Districts calculation.

See the full Lakelands report →

Vs Lakelands

+35.0%

Median sale

Suburb $1,022,500

-0.59 pp

Gross yield

Suburb 2.29%

Suburb median $1,022,500 from 6 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

Lake Macquarie Local Environmental Plan 2014

Zone

Low Density Residential

R2

Jurisdiction

Lake Macquarie

Lake Macquarie, NSW

Planning overlays

  • heightDetected
  • heritageNot detected

Planning constraints

  • 98.5

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: 100652901

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

201420192023$650k$1.38m
  • Sold (recorded)
  1. Sold$1,380,00025 Aug 2023
  2. Listedprice unknowncompleted30 June 2023
  3. Listedprice unknowncompleted30 June 2023
  4. Listedprice unknowncompleted3 July 2014
  5. Listedprice unknowncompleted3 July 2014
  6. Sold$650,00026 June 2014

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 Low Density Residential · R2 (Lake Macquarie Local Environmental Plan 2014). Official parcel area about 807 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. If the dual occupancy pathway survives a planner’s check, this lot can outperform a same-suburb house that is hold-as-is only. That is not a forecast. 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 $450/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

This looks more compelling as a land / capital-growth play than a pure yield play — if the dual occupancy pathway survives a planner’s check.

Detail

Zoned Low Density Residential · R2 (Lake Macquarie Local Environmental Plan 2014). Official parcel area about 807 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

Read more

Achieved rent for this address has not been inferred. Gross yield on advertising copy is not the deal.

Nearby DA pipeline is unknown, so neighbourhood change is not in this verdict.

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 Low Density Residential · R2 (Lake Macquarie Local Environmental Plan 2014). Official parcel area about 807 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. 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 807 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

Lakelands in one glance

Lakelands at a glance

1,634

People

$1,022,500

Median sale

$450/wk

Median rent

2.29%

Suburb gross yield

Median sale from 6 recorded sales (last 12 months) — a Districts calculation.

See the full Lakelands report →

Keep researching

  • Why Lakelands? Read the area thesis →
  • What else is on the market in Lakelands →
  • Other records on Broughton Way →

Listing material

Listed by Presence Real Estate

Quality Built Home

Quality built this sensational home offers exceptional floorplan flexibility and scenic vistas of beautiful Lake Macquarie and Munibung Hill. Flawlessly presented it features multiple living areas flowing from formal to informal and presents a superb family prospect with little to no improvements required.

Flowing over two levels on a generous 805sqm parcel, the versatile floorplan adapts to the needs of a growing family with five spacious bedrooms located on the upper floor and one downstairs. A selection of relaxed and formal family living and entertaining spaces effortlessly frame the stunning lake and reserve views on the ground level. A spacious modern kitchen at the home's heart features induction cooking and walk-in pantry. The lower ground level includes a large double garage plus additional single carport. Side access also allows optional parking for the boat van or trailer of required.

Outdoors boasts a superbly private alfresco entertaining spaces, low maintenance backyard and access plus space to incorporate a pool if the heart desires.

Read the full description

Other notable features include a massive workshop and storage space at the rear of the house. This space would be ideal for a home based business, trades person storage or conversion to a granny flat for that extra income.

Set in a peaceful cul-de-sac, this tranquil address is a short drive to Warners Bay shops and cafes, Charlestown Square and beautiful Lake Macquarie.

What does Preview mean?

When PRDnationwide properties are listed for "Preview" it generally means that have just been listed and you are amongst the first buyers in the market to be exposed to the property.

The vendors may not have formally set a price guide for the property at this stage as they may wish to gain further feedback from the market before doing so. Often they are gaining further feedback from the market to ensure they are being realistic with their price guide to enhance the chance of a swift sale when they go to the full Public Media Launch

What is the price guide?

Your friendly PRDnationwide agent will generally be able to provide you with a rough price guide for the property during the preview stage of marketing and can always update you on the formal price guide once it is ready to be published if it is substantially different from the Preview guide. If you have received an e-brochure about this property as part of PRD's Red Alert system, it is likely to be in the price range you have previously specified to us.

Can I buy a property during the Preview stage of marketing?

Absolutely! In fact up to 20% of PRDnationwide's properties sell in the Preview stage of marketing, often to the exclusive members of the PRD Red Alert buyer database.(register at www.prdnewcastle.com.au/red-alert? )

To give the best chance of securing a property before it makes it to the full Public Media Launch it is advised to offer towards the upper end of the pricing guide you have been given.

For a quick video informing buyers and sellers what PRDnationwide Previews are all about click here - http://tinyurl.com/cjelafr

Listing description written by PRDnationwide Newcastle - Lake Macquarie, Presence Real Estate — 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.