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NSW › Teralba › Banyan St

24 Banyan St, Teralba NSW 2284

House

$1,250,000

Last sold

21 Oct 2025

4

Bedrooms

2

Bathrooms

2

Car spaces

334 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 $1,250,000 (21 Oct 2025).(Recorded sale)
  • FactLand 334 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Teralba (last 5 years) with land size: median $1,820/m² of land (n=74). 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

$1,250,000

21 Oct 2025 · derived via latest_sale

Local land rate: recorded House sales in Teralba (last 5 years) with land size have a median of $1,820/m² of land (n=74). Districts calculation from recorded sales — not a valuation.

Teralba at a glance

2,946

People

$1,150,000

Median sale

$651/wk

Median rent

2.94%

Suburb gross yield

Median sale from 31 recorded sales (last 12 months) — a Districts calculation.

See the full Teralba report →

Vs Teralba

+8.7%

Median sale

Suburb $1,150,000

-0.23 pp

Gross yield

Suburb 2.94%

Suburb median $1,150,000 from 31 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: 176512372

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$1,250,00021 Oct 2025
  2. Listedprice unknowncompleted18 Sept 2025
  3. Listedprice unknowncompleted18 Sept 2025

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 335 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 $651/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 335 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 335 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

Teralba in one glance

Teralba at a glance

2,946

People

$1,150,000

Median sale

$651/wk

Median rent

2.94%

Suburb gross yield

Median sale from 31 recorded sales (last 12 months) — a Districts calculation.

See the full Teralba report →

Keep researching

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

Listing material

Listed by homeinthehunter

The ultimate Lake Macquarie abode.

Crafted for coastal connection, this stunning new build matches class-leading finishes with one of Lake Macquarie's most coveted addresses - Billy's Lookout.

Custom designed and built by a perfectionist local builder, you walk in and immediately notice the meticulous attention to detail and commitment to elevating the everyday.

With a strong vision for a luxury beach house style home that perfectly compliments the local lifestyle rituals of bush, water and coffee; this is a once-in-a-lifetime abode where 'holiday everyday' vibes are your backdrop.

Read the full description

Highlights:

- Completed by an experienced and creative builder and his architectural team, who dreamt of bringing something unique and beautiful to redefine what living by the Lake can be.

- Spacious and family friendly floor plan with 4 bedrooms and 2 living zones that strategically maximise natural light and the build envelope.

- Magazine-worthy kitchen that is as gorgeous as it is functional, with a proper Butlers pantry including space for a fridge, floor-to-ceiling Shaker cabinetry, curved breakfast island with seamless sink and dressed in 100mm benchtop, glass splashback bringing light and greenery to the cooking zone, designer pendant lighting, matt brass tapware and open timber-shelving for displaying your collection of ceramics.

- Showcase open-plan living and dining zone that pours out onto a large alfresco with a lush lawn for the puppies and low-maintenance coastal gardens.

- Luxurious main bathroom with a designer mix of floor-to-ceiling tiling, floating timber vanity, deep free-standing bath and rainfall shower with stylish niche. There is an additional powder room for the convenience of guests on the ground floor.

- Generous master bedroom with seating zone, walk-in robe and hotel-inspired ensuite.

- 3 additional double bedrooms with plush carpeting, fans and built-in-robes.

- Purely stunning custom cabinetry and quality trim all throughout the home, Velux skylights, 11KW solar power, heat pump hot water system, ducted air-conditioning, plantation shutters and sheers, upstairs balcony and lovely laundry with outside access.

- Stand-out street presence with pinnacle Hamptons styling and proper landscaping, plus a good-sized DLUG with sparkling epoxy flooring.

Location: 7min to Warner's Bay, 10min to the Freeway, 15min to Charlestown, 25min to John Hunter Hospital, 35min to Maitland. Only 1hr 10min to Hornsby.

Lifestyle: Enjoy coffee at one of Newcastle’s best Maddz on York in Teralba village, cycle around Lake Macquarie or enjoy a sunset picnic at nearby Marmong Point Marina. Weekends you will love the local and waterfront Speers Point Farmers Markets or brunching on the esplanade at Warners Bay. Luxury motor-enthusiasts will relish the opportunity to locate themselves just 4km from the coming $95 million Black Rock Motor Resort. 10min to local Coles, Woolworths, Kmart & Target, 20min to Kotara Westfields, 25min to Redhead Beach and 35min to the Hunter Valley Vineyards.

Listing description written by Daniel & Laura McMahon, homeinthehunter — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 2
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.