Wangi Wangi at a glance
3,080
People
$880,000
Median sale
$625/wk
Median rent
3.69%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
NSW › Wangi Wangi › Lakeview Rd
$870,000
Last sold
26 Feb 2021
4
Bedrooms
3
Bathrooms
2
Car spaces
735 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
$870,000
26 Feb 2021 · derived via latest_sale
Local land rate: recorded House sales in Wangi Wangi (last 5 years) with land size have a median of $1,179/m² of land (n=87). Districts calculation from recorded sales — not a valuation.
Wangi Wangi at a glance
3,080
People
$880,000
Median sale
$625/wk
Median rent
3.69%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Vs Wangi Wangi
-1.1%
Median sale
Suburb $880,000
+0.05 pp
Gross yield
Suburb 3.69%
Suburb median $880,000 from 23 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 $625/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
Wangi Wangi at a glance
3,080
People
$880,000
Median sale
$625/wk
Median rent
3.69%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Toronto* Arguably one of Wangi Wangi's best positions and best views, this won't come along often
* Never before offered since being built, this 4 bedroom home with 3 bathrooms and double garage has a lot offer
* Almost level access off the street to garage & workshop and plenty off street parking for vans, boats, etc
* Live on the level with amazing lake views from most living areas and bedrooms
* The 3 bathrooms have been renovated
* Bedrooms all have built ins, ducted air con downstairs with reverse cycle upstairs
* House has the potential to be a 3 bedroom, 2 bathroom house with a completely self contained flat
* An easy maintenance 735sqm block which is fenced and ready for kids and pets
* Sitting a couple minutes drive to local shops, parks, boat ramps and great swimming spots
* Only 75 minutes to Sydney and 10 minutes to Toronto CBD & the M1 motorway
* Rental Potential of $480 to $500 p/w
* Floor plans available upon request
* Flexible inspection times to suit you
This opportunity has been tightly held in the one family since being built, purely because this type of view with an almost level block is so hard to come by. Watching over Wangi like a 'Lighthouse' with N/E views that stretch over the north and south of Wangi all the way to the ocean over Belmont and Swansea, it is truly lovely.
The house itself is immaculate and has been very carefully looked after and updated over the years. There are three separate living areas, lots of cupboard storage, plenty of windows letting natural light in, solar panels and a workshop off the garage.
The potential for a fully self contained flat means you can live in one part and lease the other part out or have two rental incomes until you move in yourself. Either way, make sure you secure this so you can watch over Wangi Wangi for the rest of your days. Call for a private inspection today.
From all of us at Ray White Toronto/Lake Macquarie, we wish you every success in your search for your home. If you would like more detail on this home or to chat about one of the many other properties we have available please call or email us today.
Listing description written by Nathan Wood, Ray White Toronto — reproduced as published, not verified by Districts.