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NSW › Swansea › Wills St

23 Wills St, Swansea NSW 2281

House

$1,100,000

Last sold

11 July 2026

3

Bedrooms

1

Bathrooms

2

Car spaces

876 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 $1,100,000 (11 July 2026).(Recorded sale)
  • FactLand 876 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Swansea (last 5 years) with land size: median $1,746/m² of land (n=128). 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

$1,100,000

11 July 2026 · derived via latest_sale

Local land rate: recorded House sales in Swansea (last 5 years) with land size have a median of $1,746/m² of land (n=128). Districts calculation from recorded sales — not a valuation.

Swansea at a glance

4,986

People

$1,165,400

Median sale

$602/wk

Median rent

2.69%

Suburb gross yield

Median sale from 44 recorded sales (last 12 months) — a Districts calculation.

See the full Swansea report →

Vs Swansea

-5.6%

Median sale

Suburb $1,165,400

+0.16 pp

Gross yield

Suburb 2.69%

Suburb median $1,165,400 from 44 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: 100754040

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

  1. Sold$1,100,00011 July 2026
  2. Listedprice unknowncompleted15 Apr 2026
  3. Listedprice unknowncompleted15 Apr 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?

Confidence: medium

Zoned Low Density Residential · R2 (Lake Macquarie Local Environmental Plan 2014). Official parcel area about 878 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 $602/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 878 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 878 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 878 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

Swansea in one glance

Swansea at a glance

4,986

People

$1,165,400

Median sale

$602/wk

Median rent

2.69%

Suburb gross yield

Median sale from 44 recorded sales (last 12 months) — a Districts calculation.

See the full Swansea report →

Keep researching

  • Why Swansea? Read the area thesis →
  • What else is on the market in Swansea →
  • Other records on Wills St →

Listing material

Listed by SOLD Real Estate

Holy Smoke, Virtually Re-Built, Boasting a Ton of House & Backyard, Monster Shed & Pool, 8 Homes from The Lake, Move In Ready with Potential Galore!

On fire, well it was, and now it's been all but re-built, and the winner is you, with everything inside almost all brand spanking new.

A ton of the heavy lifting has been done here, from the clean lines, fresh modern kitchen with walk in pantry, to the fresh and functional bathroom, and new plaster and paintwork throughout, the layout feels light filled and wonderfully open plan and easy to live in.

The best features of the original cottage remain, with genuine timber floorboards throughout the living and entry, flowing beyond to the 3 generous original bedrooms.

Read the full description

Out the back, second open style living and bedroom 4, also boast genuine timber floorboards, providing that quality feel and continuity of flooring we all love.

With a lovely easy flow to the backyard, the floorplan here makes sense, with the kitchen central to both light filled front and rear living areas, with the bedrooms and bathroom in a wing of their own.

The back laundry screams second bathroom potential too.

There's this magic combination of wonderfully already done, and move in ready, mixed with a magnificent opportuntity to add extreme value, without starting from scratch, ta rare mix, this is the kind of opportunity that doesn't come around often.

Not at all over-polished, it's definitely not overdone, leaving lots of room for you to come in, and let your imagination run wild, with a roll up your sleeves attitude, and a good eye for design, you can not only make it your own, but you can make money here too!

Promising the perfect North facing big backyard, with a monster pool, plenty of lawn, and fabulous side access to a huge 4 car, old school shed, that is definitely in need of a make over, but would come up a treat.

It's out the back that you can really turn this property around, from eye sore to resort setting.

Right now, the pool and spa are definitely more frog pond on steroids, than refreshing or sparkling blue, with the local ducks even giving it a hard pass at the moment, but apparently the pool equipment still works, and the pool can be salvaged and turned around.

Imagine the home opening out to a luxe pool, with a blue lagoon backdrop, creating the perfect outlook from dawn to dusk day to day living and entertaining.

Picture lush lawn, the super size shed partly transforming to a fantatic pool house, with new contemporary lake house cladding with another new big shed appearing out the back, if toys and tinkering are your thing!

While more outback reserve now, the potential is undeniable, and represents a huge upside.

A chance to transform, to add value, and to create something genuinely special in a location that absolutely deserves it.

Set in highly desired Swansea North, just 8 houses from The Lake, this is where lifestyle meets opportunity.

Morning walks to the water at the end of the street, sunset strolls to The Channel the other way … it's all right here, and all on the flat.

Inside, the home opens up into light-filled living spaces with a mix of finishes that tell the story.

Polished areas blend with raw timber floorboards that are just waiting for their next chapter.

It's real, it's honest, and it gives you options.

Move straight in and enjoy, or take it to the next level over time.

At the heart of the home, the updated kitchen is clean, functional, and well-positioned to connect with both living and dining.

The new bathroom follows suit, modern and fresh, already done so you can focus your energy elsewhere.

The layout flows easily, and offers multiple living zones, good bedroom separation, and direct access out to the covered entertaining area and backyard beyond.

• A solid, single-level home set on a flat, usable block in tightly held Swansea North

• Just 8 houses to the lake, delivering an easy, level walk to the waterfront

• Updated kitchen with modern cabinetry, ample bench space, and practical layout

• Renovated bathroom with clean finishes, neutral tones, and a fresh, modern feel

• Fresh paint throughout creating a light, bright, move-in-ready interior

• Air conditioning providing comfort across the main living zones

• A mix of finished and raw timber flooring offering immediate livability with future upside

• Multiple living areas allow flexibility for families, downsizers, or those working from home

• Covered outdoor entertaining area flowing seamlessly from the main living space

• A pool that currently needs love but represents serious value-add potential

• Wide side access leading through to a large garage and separate workshop space

• Ideal setup for tradies, hobbyists, boat owners, or those needing serious storage

• Generous backyard space with room to landscape, improve, and completely transform

This is the kind of property that speaks to a wide range of buyers.

For premium lifestyle location enthusiasts, this is a chance to secure something with a clear upside, and an affordable entry level price point, a blank canvas where all of the big-ticket items have already been taken care of.

And for anyone who understands real estate… it's simple.

Location first, potential second.

Positioned in one of Swansea's most tightly held pockets, you are just a flat, easy walk to the Lake at the end of the street, and equally close to the channel in the opposite direction.

Swansea Beach, Cafes, clubs, shops, boat ramps, and everything you need day to day are all within easy reach, which is part of Swansea's never ending appeal.

Opportunities like this are getting harder to find… especially ones where you can still add your own touch and reap the rewards.

Come and see the potential for yourself.

*Disclaimer: All information provided, including marketing materials, is for general guidance and indicative purposes only. While deemed reliable, it is not guaranteed. Prospective buyers are advised to conduct their own investigations to verify the accuracy of details, including property features, inclusions, and availability.

Listing description written by Shanti Page, SOLD Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Deck
  • Dishwasher
  • Floorboards
  • Fully Fenced
  • Outdoor Entertaining
  • In-Ground Pool
  • Rumpus Room
  • Secure Parking
  • Shed
  • Study
  • Workshop

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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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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.