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NSW › Gwandalan › Coral Fern Way

24 Coral Fern Way, Gwandalan NSW 2259

For saleHouse

$1,200,000–$1,300,000

For sale

Asking range

$1,170,000

Last sold

21 July 2025

4

Bedrooms

2

Bathrooms

4

Car spaces

644.3 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,200,000–$1,300,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,200,000–$1,300,000(Listing record · 19 June 2026)
  • FactLand 644 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Gwandalan (last 5 years) with land size: median $1,567/m² of land (n=153). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 26% above the Gwandalan median recorded sale ($955,000, n=58, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Gwandalan's advertised median rent ($639/wk), implied gross yield would be 2.77% — 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. 1No 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

$1,200,000–$1,300,000

Asking range · $1,862/m² of land

Last recorded sale $1,170,000 (21 July 2025).

Local land rate: recorded House sales in Gwandalan (last 5 years) with land size have a median of $1,567/m² of land (n=153). Districts calculation from recorded sales — not a valuation.

Gwandalan at a glance

3,850

People

$955,000

Median sale

$639/wk

Median rent

3.48%

Suburb gross yield

Median sale from 58 recorded sales (last 12 months) — a Districts calculation.

See the full Gwandalan report →

Vs Gwandalan

+25.7%

Median sale

Suburb $955,000

-0.71 pp

Gross yield

Suburb 3.48%

Suburb median $955,000 from 58 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,200,000
Stamp Duty (New South Wales)
$48,412
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
$1,252,279

$52,279 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

Based on the low end of the asking range, not a contract price.

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

Net yield
1.27%
Annual cashflow (pre-tax)
$-47,172
Interest cover (DSCR)
0.24
Annual rent
$33,228
Operating expenses
$18,000
Loan amount
$960,000
Annual interest
$62,400
Gross yield
2.77%

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 temporarily unavailable

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

20252026$1.17m$1.2m
  • Sold (recorded)
  • Asking price (not a sale)
  1. Listed$1,200,000–$1,300,000available19 June 2026
  2. Sold$1,170,00021 July 2025
  3. Listedprice unknowncompleted16 June 2025
  4. Listedprice unknowncompleted16 June 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?

Zoning is not available (source_error). 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 (source_error). 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 $639/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 2.8%. 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

    Zoning is not available (source_error).

  • 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 (source_error). 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

Gwandalan in one glance

Gwandalan at a glance

3,850

People

$955,000

Median sale

$639/wk

Median rent

3.48%

Suburb gross yield

Median sale from 58 recorded sales (last 12 months) — a Districts calculation.

See the full Gwandalan report →

Keep researching

  • Why Gwandalan? Read the area thesis →
  • What else is on the market in Gwandalan →
  • Other records on Coral Fern Way →

Listing material

Listed by McGrath Toukley

The ultimate family home for entertainers

Positioned within the tranquil lakeside community of Gwandalan, this impressive two storey residence delivers an exceptional blend of space, style and family functionality across a generous 644sqm parcel. Thoughtfully designed for growing families, this spacious residence offers four generous bedrooms, including a private master retreat, a huge outdoor entertaining area, and a separate driveway leading to a high-clearance double carport ideal for caravans, boats, or additional vehicles.

- Master retreat with walk through wardrobe and modern, high-end ensuite

- Four generous sized bedrooms, a walk-in to the main, built-ins to three and plantation shutters

Read the full description

- Three spacious internal living areas with both informal and formal dining areas

- Kitchen in the heart of the home with stone benchtops and 900mm gas cooktop

- Huge outdoor entertaining area, completely covered and private from neighbours

- Additional outdoor timber cabana located next to the spa, perfect relaxation area

- Dual concrete driveway, with double car garage and huge 7.5m x 5.8m carport

- Walking distance to Gwandalan Primary School, 10 minute drive to high schools

- Five minutes to local shops, cafés, restaurants, public jetty and boat ramps

- 20 minutes to the M1 and 55 minutes to both Newcastle and Wahroonga

KEY DETAILS:

Council Rates $1,521pa

Water Rates $1,185pa

Listing description written by Mitchell Thomas, McGrath Toukley — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ensuites: 1
  • Fully Fenced
  • Living Areas: 3
  • Outdoor Entertaining
  • Rumpus Room
  • Toilets: 3

Also look at

Also for sale in Gwandalan

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  • 33 Windward Cres, Gwandalan NSW 2259

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  • 4 Yilleen St, Gwandalan NSW 2259

    3-bed house. Asking $780K–$830K.

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  • 36 Ulooloo Rd, Gwandalan NSW 2259

    4-bed house for sale. Asking $880K–$940K.

    For sale
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.