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NSW › Mount Keira › Morandoo Ave

23 Morandoo Ave, Mount Keira NSW 2500

House

$1,223,000

Last sold

24 Sept 2024

4

Bedrooms

1

Bathrooms

1

Car spaces

550.1 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 $1,223,000 (24 Sept 2024).(Recorded sale)
  • FactLand 550 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Mount Keira (last 5 years) with land size: median $1,649/m² of land (n=44). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Low Density Residential (R2) under the Wollongong Local Environmental Plan 2009.(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

$1,223,000

24 Sept 2024 · 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 Mount Keira (last 5 years) with land size have a median of $1,649/m² of land (n=44). Districts calculation from recorded sales — not a valuation.

Mount Keira at a glance

1,610

People

$1,300,000

Median sale

$682/wk

Median rent

2.73%

Suburb gross yield

Median sale from 15 recorded sales (last 12 months) — a Districts calculation.

See the full Mount Keira report →

Vs Mount Keira

-5.9%

Median sale

Suburb $1,300,000

+0.17 pp

Gross yield

Suburb 2.73%

Suburb median $1,300,000 from 15 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

Wollongong Local Environmental Plan 2009

Zone

Low Density Residential

R2

Jurisdiction

Wollongong

Wollongong, 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: 101342439

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

201820212024$780k$1.22m
  • Sold (recorded)
  1. Sold$1,223,00024 Sept 2024
  2. Listedprice unknowncompleted29 Aug 2024
  3. Listedprice unknowncompleted29 Aug 2024
  4. Sold$780,0002 July 2018
  5. Listedprice unknowncompleted31 May 2018
  6. Listedprice unknowncompleted31 May 2018

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 (Wollongong Local Environmental Plan 2009). Official parcel area about 559 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 $682/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 (Wollongong Local Environmental Plan 2009). Official parcel area about 559 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 (Wollongong Local Environmental Plan 2009). Official parcel area about 559 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

    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 Keira in one glance

Mount Keira at a glance

1,610

People

$1,300,000

Median sale

$682/wk

Median rent

2.73%

Suburb gross yield

Median sale from 15 recorded sales (last 12 months) — a Districts calculation.

See the full Mount Keira report →

Keep researching

  • Why Mount Keira? Read the area thesis →
  • What else is on the market in Mount Keira →
  • Other records on Morandoo Ave →

Listing material

Listed by Laurence Morgan Woonona

Sought after location

Situated in a peaceful pocket of Mount Keira, this elevated family home is bathed in natural light and enjoys a wonderful outlook from all aspects. At the heart of the home is the modern and spacious kitchen which spills out to a huge undercover entertaining deck that is perfect for spending quality time with family and friends. Surprisingly private and highly connected to nature, you will always feel relaxed and inspired in this warm, free flowing family home.

- Three bedrooms with built-in robes, plus additional fourth bed/home office

- Open plan living and dining with timber floorboards, reverse-cycle air-conditioning and lovely leafy outlook

Read the full description

- Large entertainers kitchen with induction cooking, modern appliances, large pantry and breakfast bar

- Renovated bathroom with floor to ceiling tiles, separate shower, bath and a standalone toilet.

- Undercover timber deck with fabulous views perfect for outdoor dining and entertaining

- Private low maintenance grassed & level yard ideal for children or pets

- Large lock up garage and extensive under house storage space

- Located within catchment zone for the highly desirable Mount Keira Demonstration School

- Under 10 minutes to Wollongong CBD and 90 minutes to Sydney CBD

Listing description written by John O'Reilly, Laurence Morgan Woonona — 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.