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NSW › Swansea › Galgabba St

24 Galgabba St, Swansea NSW 2281

House

$1,340,000

Last sold

22 May 2024

5

Bedrooms

2

Bathrooms

4

Car spaces

506 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 $1,340,000 (22 May 2024).(Recorded sale)
  • FactLand 506 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Swansea (last 5 years) with land size: median $1,745/m² of land (n=128). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$1,340,000

22 May 2024 · derived via latest_sale

Local land rate: recorded House sales in Swansea (last 5 years) with land size have a median of $1,745/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

+15.0%

Median sale

Suburb $1,165,400

-0.35 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 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. Sold$1,340,00022 May 2024
  2. Listedprice unknowncompleted14 Mar 2024
  3. Listedprice unknowncompleted14 Mar 2024

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 $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

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

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 Galgabba St →

Listing material

Listed by SOLD Real Estate

Two Homes for the Price of One, Renovated 3 Bedroom Cottage & Like New 2 Bedroom Granny Flat with 4 Car Garaging, Top Spot Oh So Close to The Channel!

Who doesn't love spectacular Swansea North and its surrounding aquamarine and turquoise waterways and beautiful white sand island, on captivating Swansea Channel?

If you have been looking for the perfect investment come weekender or retirement home with an income, then this property is going to make your day!

Literally just one street back from Swansea Channel, the like new fully council approved custom granny flat enjoys a genuine North East facing aspect, with fabulous cool summer afternoon sea breezes and wonderful warm winter sun, picking up snippets of water views through to The Channel.

Read the full description

The perfect place to spend your weekends, you're oh so close to your choice of fabulous boat ramps, with easy out to sea boat access, or Lake and Channel fishing if you prefer calmer waters.

Boasting its own separate rear lane access, you can come and go as you like, without disturbing your tenants out the front.

The property is blessed with a genuine remote entry double garage and double carport, so you can leave your boat and jet ski safely locked away, and still comfortably park two cars off street.

With a genuine backyard that is fully fenced and completely safe and secure, you can bring the puppies, the kids and or the grandkids and know they can play outdoors all day long without issue.

Little ones will love being able to play on the large North facing deck, which offers plenty of room for wonderful outdoor living and entertaining.

When you're not on the water yourself you can watch the boat sell by and relax to the cool afternoon summer breeze or warm up on crisp winter mornings in full sun.

Step inside and discover generous open plan living, with fully ducted air conditioning for all season comfort, although you will rarely need it, given the great aspect.

The contemporary kitchen and living beautifully connect to the big covered deck and the kitchen boasts a butler's pantry like laundry set up, with plentiful drawers, stone benchtops and genuine pantry.

Like the kitchen the bathroom is lovely and fresh with an easy clean modern feel and the 2 bedrooms are both a generous double in terms of size so its perfect fro 2 couples or a couple and kids.

Both bedrooms boast built in robes and enjoy elevated outlooks.

Honestly this granny flat is better than most Air BNB options in town, it's more contemporary, newer and fresher throughout, and the location is bang on and superbly private, with that perfect aspect that we can't emphasise enough.

Currently rented to perfect tenants, collect the rent until at least September while you have a think about whether you can turn this better than a town house private residence into your home away from home.

If single level living is more your thing and you like the idea of cottage living, well come and explore the tidy cottage that's had the same very long term tenants for a very long time!

With a cute cottage look, it has been extensively renovated, recently being completely re-clad with a full professional roof restoration.

The wiring and plumbing are all up to speed and the cottage has the same lovely North East facing rear aspect, with a great flat backyard and generous covered entertaining and outdoor living.

Park plenty of vehicles off street and enjoy a wide verge, so there is never a shortage of parking for all of your daily and friends.

Appreciate the stroll across the road to the swankily renovated Swansea Workers Club, where you can enjoy a great meal, wine, beer and cocktails, or coffee and cake, forget cooking!

An easy stroll along The Channel back to Swansea's lovely RSL Club, Woolies, doctors, dentists and you name it, Swansea has it, with day to day shops, services, cafes, restaurants, hotel and 2 supermarkets.

Step on to a lovely hardwood deck, the perfect place to watch the sun go down and enjoy lovely sunsets and stay toasty warm on winter afternoons.

Inside promises a dedicated open lounge room that flows through to a spacious and modern eat in kitchen.

With 2 big front bedrooms and a small third bedroom or office out back, like the kitchen the bathroom is not original and has enjoyed a modern upgrade.

The cottage has a lovely easy breezy flow and the eat in kitchen flows effortlessly outdoors to the lovely backyard and generous covered outdoor living.

- Council approved, like new, 2 bedroom custom built granny flat

- Rear lane private access to 2 car auto garage & 2 car carport

- Big North facing deck, enjoy cool summer breezes & winter sun

- Just 1 street back from The Channel you even get water glimpses

- Inside enjoy the comfort of rarely needed ducted air conditioning

- With ceiling fans throughout beautifully pulling the breeze inside

- Downlights feature on the big outdoor living & entertaining deck

- Stone tops feature in the kitchen with drawers, pantry & laundry

- Like the kitchen the bathroom is fresh, functional & good quality

- Double bedrooms feature ceiling fans, built in robes & lots of light

- Like the bedrooms, the open living & kitchen boasts ceiling fans

- Enjoy remote access garaging for your boat & your jetskis

- Appreciate town water, sewer, gas & tank water for your gardens

- Rented to perfect tenants until September, they're keen to stay on

- Out the front appreciate a one level cute cottage that's renovated

- Like the flat, every room boasts ceiling fans except the bathrooms

- Both the kitchen & bathroom have been upgraded & present well

- The roof has been professionally restored & the cladding is new

- Wiring & plumbing are good to go, so it's s no stress investment

- There's 2 good size bedrooms, both feature built in robes & fans

- With a smaller third bedroom or office out the back near the yard

- There's a roomy open lounge room, large modern eat in kitchen

- Appreciate a great backyard & plentiful covered outdoor living

- These tenants have been here forever & would love to stay too

The perfect investment now, enjoy 2 rents and 2 tenants keen to stay on until you are read to move in or keep one rented and get the holiday or retirement home you deserve in paradise.

There is so much to love about Swansea North.

Forget Forster, instead enjoy being just 1 hour North of Hornsby, almost on the water, by The Channnel, the gateway to Lake Macquarie, the largest salt water lake in the entire southern hemisphere, where your friends and family can still easily come and visit and you can do the same, with every convenience you need day to day literally walking distance from home.

Ditch the big smoke, and enjoy life the way it was meant to be lived!

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

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Floorboards
  • Outdoor Entertaining
  • Secure Parking

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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.