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NSW › Fern Bay › Sovereign St

23 Sovereign St, Fern Bay NSW 2295

For saleHouse for Sale

$1,250,000

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

504 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,250,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,250,000(Listing record · 25 June 2026)
  • FactLand 504 m²; no building size recorded.(Property record)
  • CalculationAsk is 11% above the Fern Bay median recorded sale ($1,122,500, n=38, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Fern Bay's advertised median rent ($884/wk), implied gross yield would be 3.68% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$1,250,000

Asking · $2,480/m² of land

No recorded sale for this property.

Fern Bay at a glance

4,339

People

$1,122,500

Median sale

$884/wk

Median rent

4.10%

Suburb gross yield

Median sale from 38 recorded sales (last 12 months) — a Districts calculation.

See the full Fern Bay report →

Vs Fern Bay

+11.4%

Median sale

Suburb $1,122,500

-0.42 pp

Gross yield

Suburb 4.10%

Suburb median $1,122,500 from 38 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,250,000
Stamp Duty (New South Wales)
$50,762
Transfer/Registration Fee
$167
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,304,629

$54,629 on top of the price (4.4% extra)

  • Stamp Duty (New South Wales)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Fern Bay's advertised median rent — not a rent for this listing.

Net yield
2.18%
Annual cashflow (pre-tax)
$-37,782
Interest cover (DSCR)
0.42
Annual rent
$45,968
Operating expenses
$18,750
Loan amount
$1,000,000
Annual interest
$65,000
Gross yield
3.68%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$1,250,000available25 June 2026

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 $884/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

Gross yield if leased at the suburb aggregate is 3.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

Fern Bay in one glance

Fern Bay at a glance

4,339

People

$1,122,500

Median sale

$884/wk

Median rent

4.10%

Suburb gross yield

Median sale from 38 recorded sales (last 12 months) — a Districts calculation.

See the full Fern Bay report →

Keep researching

  • Why Fern Bay? Read the area thesis →
  • What else is on the market in Fern Bay →
  • Other records on Sovereign St →

Listing material

Listed by Harcourts Newcastle

Coastal style, family space & a resort backyard made for entertaining

This beautifully presented home raises the bar for family living in Seaside Fern Bay. The floorplan has been thoughtfully designed, the finishes are beautifully cohesive, and every space flows exactly as you'd hope for modern indoor/outdoor family living and entertaining. Positioned along the bushland fringe of the estate, the setting feels wonderfully peaceful, with the beach access trail virtually at your doorstep.

Set beneath 2.7m ceilings and finished in a calming coastal palette, the single-level layout offers approximately 195sqm of internal space with the flexibility of two separate living zones. Parents are afforded genuine privacy with the main bedroom positioned at the front of the home, complete with walk-in robe and ensuite, while three additional bedrooms and the family bathroom are thoughtfully grouped together in their own wing. At the centre, a beautifully appointed island kitchen anchors the open plan living and dining space. Crisp stone surfaces, a walk-in pantry and quality appliances combine to create a space that's every bit as practical as it is stylish.

Wide stacker doors create a seamless connection to the covered entertaining deck, overlooking an impressive swimming pool framed by elegant travertine surrounds. Beyond, a beautifully crafted firepit zone with built-in gabion seating adds another layer to the backyard, offering a cosy spot to unwind long after the sun goes down. Whether it's family barbecues, long lunches with friends or simply relaxing poolside after a day at the beach, the entire backyard has been designed to be enjoyed.

Read the full description

From here, weekends can revolve around surfing, fishing, four-wheel driving along the beach, a round at Newcastle Golf Club or coffee and brunch in nearby Stockton. It's a lifestyle that feels removed from the everyday yet remains just 20 minutes from Newcastle's CBD.

- Single level home on north facing 503.7sqm block

- 12.4kW solar system helps keep running costs in check

- Ducted a/c and ceiling fans provide climate control

- Internally accessed double garage with epoxy floor

- 900mm gas cooktop, under bench oven, dishwasher, microwave

- Estate has a choice of parks and Milestones Early Learning Centre

- Zoned Fern Bay Public and Newcastle High, buses run through estate to private schools

- 12 mins drive to Stockton shops, cafes & ferry terminal

- 10 mins drive to Newcastle Airport

* This information, including but not limited to photographs (which may show boundaries), copywriting, floorplans, and site plans, has been prepared solely for the purpose of marketing this property. While all care has been taken to ensure accuracy, we do not accept any responsibility for errors, omissions, or inaccuracies. We strongly recommend that all interested parties make their own enquiries and seek independent advice, including speaking with their conveyancer regarding boundaries and, where appropriate, obtaining a surveyor's report, to verify the information provided.

Listing description written by Joshua Lloyd, Harcourts Newcastle — reproduced as published, not verified by Districts.

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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