Lake Heights at a glance
4,007
People
$920,500
Median sale
$725/wk
Median rent
4.10%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
NSW › Lake Heights › Northcliffe Dr
$1,238,000
Last sold
11 Dec 2021
4
Bedrooms
2
Bathrooms
2
Car spaces
696 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
$1,238,000
11 Dec 2021 · derived via latest_sale
Local land rate: recorded House sales in Lake Heights (last 5 years) with land size have a median of $1,408/m² of land (n=108). Districts calculation from recorded sales — not a valuation.
Lake Heights at a glance
4,007
People
$920,500
Median sale
$725/wk
Median rent
4.10%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
Vs Lake Heights
+34.5%
Median sale
Suburb $920,500
-1.05 pp
Gross yield
Suburb 4.10%
Suburb median $920,500 from 48 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
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.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning 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.
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
No advertised rent is recorded. Suburb median rent $725/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
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried for this parcel.
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.
Area
Lake Heights at a glance
4,007
People
$920,500
Median sale
$725/wk
Median rent
4.10%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ianni & Co. PropertyThis absolute waterfront block is located in a prized position with a wealth of opportunity for someone looking for the dream home site, or an astute investor. The property boasts an impressive block size of 696m2 and a frontage of 15.24m offering plenty of potential with the ability to redevelop, or to build a beautiful dwelling (STCA).
Relax on your expansive balcony and watch the sunrise of a morning before the day starts. Stroll down to the lakeside and enjoy the upcoming sunny days and balmy nights having BBQ's with your loved ones with an unforgettable backdrop. The kids will relish in the backyard with plenty of area to run around and play their sports.
This home is full of character and charm with high ornate ceilings, bay windows and a characteristic full brick fireplace. Situated in a perfect spot with The Illawarra Yacht Club only 500m down the street and Warrawong Plaza only a 5-minute drive away. Ideally located, this property is the midpoint between the Illawarra's most iconic regional locations, with Wollongong's CBD 11km to the North and Shellharbour City 12km to the South.
Currently leased to a lovely family for $585 per week, the savvy investor could add an exceptional property with great potential to their portfolio waiting for the right time to redevelop (STCA).
- 4 generous bedrooms, 3 with wardrobes
- R2 Residential Zoning, 0.5:1 Floor Space Ratio 9m Height Limit
- Expansive under house storage and workbench area with separate garage
- 100m from the nearest bus stop allowing for easy travelling to and from the CBD and surrounding areas.
A spectacular waterfront opportunity, stunning position with an outlook of the most gorgeous view of Lake Illawarra and to the mountains. This is an ideal opportunity in a position highly sought after with an irreplaceable backdrop, this property can be the start of your new renovation, or project, or new life. It's time to let the imagination run wild!
Listing description written by James Ianni, Ianni & Co. Property — reproduced as published, not verified by Districts.