Mannering Park at a glance
2,587
People
$854,050
Median sale
$627/wk
Median rent
3.82%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
NSW › Mannering Park › Spencer Rd
$845,000
Last sold
3 Feb 2026
3
Bedrooms
1
Bathrooms
1
Car spaces
575.4 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$845,000
3 Feb 2026 · derived via latest_sale
Local land rate: recorded House sales in Mannering Park (last 5 years) with land size have a median of $1,384/m² of land (n=117). Districts calculation from recorded sales — not a valuation.
Mannering Park at a glance
2,587
People
$854,050
Median sale
$627/wk
Median rent
3.82%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Vs Mannering Park
-1.1%
Median sale
Suburb $854,050
+0.04 pp
Gross yield
Suburb 3.82%
Suburb median $854,050 from 26 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Central Coast Local Environmental Plan 2022
Zone
Low Density Residential
R2
Jurisdiction
Central Coast (NSW)
Central Coast (NSW), NSW
Not detected
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.
The official layer was queried and no heritage listed area was detected on this parcel (NSW ePlanning Spatial Viewer, retrieved 30 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWZoned Low Density Residential · R2 (Central Coast Local Environmental Plan 2022). Official parcel area about 585 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.
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
No advertised rent is recorded. Suburb median rent $627/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
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 (Central Coast Local Environmental Plan 2022). Official parcel area about 585 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.
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
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.
4 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Low Density Residential · R2 (Central Coast Local Environmental Plan 2022). Official parcel area about 585 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
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?
KnownmediumNo 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
UnknownFlood overlay has not been queried for this lot. 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
KnownmediumNo development applications were returned for this parcel. That is not a statement about nearby lots.
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
Mannering Park at a glance
2,587
People
$854,050
Median sale
$627/wk
Median rent
3.82%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Summerland PointPositioned on a generous 575.4sqm parcel in the peaceful lakeside suburb of Mannering Park, this inviting home at 23 Spencer Road offers a rare combination of comfort, versatility, and lifestyle. With its generous layout and multiple living zones, it's perfectly suited to families, first-home buyers, or investors looking to secure a property in one of Lake Macquarie's most desirable communities.
From the moment you arrive, the property exudes warmth and character. Three generously proportioned bedrooms provide restful retreats, complemented by a well-appointed bathroom and the convenience of a single carport. The interiors flow seamlessly into the expansive sunroom, a stunning space drenched in natural light, perfect for entertaining guests or enjoying quiet moments with family.
Beyond the main living areas, a private retreat awaits at the rear of the property. This versatile addition elevates the home's appeal, offering endless possibilities as a sophisticated home office, creative studio, or guest accommodation. It's a sanctuary designed to adapt to your lifestyle.
The location enhances the home's prestige, with Lake Macquarie just minutes away for boating, fishing, and waterfront leisure. Local amenities, schools, and transport are within easy reach, while the nearby M1 motorway ensures effortless connectivity to Sydney and Newcastle. Mannering Park's relaxed yet refined community atmosphere makes this address a true lifestyle destination
With its combination of functionality, versatility, and prime location, 23 Spencer Road is a property that offers outstanding value and opportunity. Whether you're looking to settle into family life, invest in a growing area, or simply enjoy the lakeside lifestyle, this home is not to be missed.
Key Features:
• Situated on a 575.4sqm block with plenty of outdoor space
• 3 well-sized bedrooms
• Tidy main bathroom
• Single carport for off-street parking
• Expansive sunroom filled with natural light
• Private retreat at the rear - ideal for office, studio or guest space • Secure backyard with room for kids, pets or future improvements
• Close to Lake Macquarie, shops, schools and transport
• Easy access to the M1 for Sydney and Newcastle commuters
Disclaimer: Information has been sourced using third parties. As the representing agency, we do not guarantee accuracy, accept no liability, and advise interested parties to conduct their own investigations. Images are indicative only.
Listing description written by James McGuire, Ray White Summerland Point — reproduced as published, not verified by Districts.