Glendale at a glance
3,361
People
$853,500
Median sale
$630/wk
Median rent
3.84%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
$705,000
Last sold
28 June 2024
3
Bedrooms
1
Bathrooms
1
Car spaces
460 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
$705,000
28 June 2024 · derived via latest_sale
Local land rate: recorded House sales in Glendale (last 5 years) with land size have a median of $1,350/m² of land (n=94). Districts calculation from recorded sales — not a valuation.
Glendale at a glance
3,361
People
$853,500
Median sale
$630/wk
Median rent
3.84%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Vs Glendale
-17.4%
Median sale
Suburb $853,500
+0.81 pp
Gross yield
Suburb 3.84%
Suburb median $853,500 from 29 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Lake Macquarie Local Environmental Plan 2014
Zone
Low Density Residential
R2
Jurisdiction
Lake Macquarie
Lake Macquarie, 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 (Lake Macquarie Local Environmental Plan 2014). Official parcel area about 459 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 $630/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 (Lake Macquarie Local Environmental Plan 2014). Official parcel area about 459 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 (Lake Macquarie Local Environmental Plan 2014). Official parcel area about 459 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.
Area
Glendale at a glance
3,361
People
$853,500
Median sale
$630/wk
Median rent
3.84%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate Lake MacquarieWelcome to your dream home, located in a prime, sought-after location that combines convenience with charm. Are you looking for the perfect first home or ideal investment opportunity, well if you do cancel your search, as 243 Lake Road is ready to be snapped up by someone in the market for an affordable home that will tick all the boxes even for the fussiest of buyers.
This beautifully maintained residence boasts three spacious bedrooms each fitted with ceiling fans, two of which feature built-in robes for ample storage, ensuring a dedicated space for your all of your personal belongings.
Entering the home you step into the front sunroom and then this leads to the spacious sundrenched lounge room on the left hand side of the home that offers you plenty of space for you & your family to spread out & relax.
Freshly painted throughout and featuring Cyprus pine timber flooring, high ceilings throughout the home this lovely dedicated living area also includes a reverse cycle air conditioner & ceiling fan to keep you comfortable all year round.
In the heart of the home there is an open-plan dining area that opens onto the brand-new kitchen. Designed for both functionality and style, the stunning kitchen is equipped with stainless steel appliances, dishwasher + breakfast bar. Adjacent to this area, the second sunroom at the rear of the property offers a serene retreat for relaxation or entertainment, filled with natural light and views of the backyard.
A well-appointed bathroom includes a separate toilet, adding to the convenience and practicality of the home's layout. The separate laundry room provides additional storage, catering to all your household needs.
For those with vehicles or in need of extra storage, the property also includes a secure, lockup car garage under the home with the added benefit of wide side access, perfect for those who require extra space for boat, Winnebago or caravan storage or up to 6 cars with off street parking. . With a good size fully fenced level backyard it's the ideal backyard for your children or fur-children to run & play.
Land Size Approx. 460m2 with 18.8m Frontage & 28.6m Depth
Water Rates Approx. $220 Per Quarter
Land Rates Approx. $458.70 Per Quarter
Potential Rental Return Approx. $630 Per Week
The home's prime location means you are never too far from essential amenities, including schools, shopping centres, public transport, John Hunter Hospital, Sporting Facilities, everything is at your fingertips. This residence offers not just a place to live, but a lifestyle of ease and comfort. Don't miss the opportunity to make this exceptional house your home. Contact us today to arrange a viewing and experience all this property has to offer.
For further information contact Glendale's first choice for real estate, Troy Duncan on 4950 8555.
First National Real Estate Lake Macquarie are your local experts for the Lake Macquarie and Newcastle area, we proudly market this home and are always looking for more homes to sell. If you would like honest, expert advice to achieve excellent results, call us on 4950 8555 to discuss your home.
Disclaimer: All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing.
Listing description written by Troy Duncan, First National Real Estate Lake Macquarie — reproduced as published, not verified by Districts.
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.