Caves Beach at a glance
3,906
People
$1,580,000
Median sale
$766/wk
Median rent
2.52%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
NSW › Caves Beach › Palm Tree Cres
$1,625,000
Last sold
2 Nov 2023
5
Bedrooms
2
Bathrooms
2
Car spaces
950 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
$1,625,000
2 Nov 2023 · derived via latest_sale
Local land rate: recorded House sales in Caves Beach (last 5 years) with land size have a median of $2,226/m² of land (n=109). Districts calculation from recorded sales — not a valuation.
Caves Beach at a glance
3,906
People
$1,580,000
Median sale
$766/wk
Median rent
2.52%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
Vs Caves Beach
+2.8%
Median sale
Suburb $1,580,000
-0.07 pp
Gross yield
Suburb 2.52%
Suburb median $1,580,000 from 31 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 $766/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
Caves Beach at a glance
3,906
People
$1,580,000
Median sale
$766/wk
Median rent
2.52%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by SOLD Real EstateNestled at the end of a whisper quiet cul-de-sac, backing on to a beautiful backdrop of nothing but green, the privacy is sublime and the outlooks and aspect are delicious.
With an expansive view out to Redhead Bluff and Blacksmiths Beach, this amazing vista is a completely unexpected, but extremely welcome, very pleasant surprise.
Boasting the perfect North East aspect, soak in winter morning sun, as you gaze out to sea from your gorgeous main level living and master suite, enjoying refreshing summer sea breezes on hot summer afternoons.
Unwind and entertain to a beautiful backdrop of natural green bush in one direction and wonderful blue water vistas in the other and appreciate the effortless, easy flowing main level living, where everything you need is at your finger tips.
Gutsy, light filled, seamless living and a stellar show piece designer kitchen connect to wonderful outdoor entertaining, with an expansive bedrooms and bathroom wing, all situated on the main entry level, so there's no reason to be going up and downstairs all day long.
The lower level is made up of generous second living that opens out to the backyard, a guest bedroom or office, powder room and modern laundry come kitchenette, with internal access to large garaging and under house storage, with an additional lock up garage for trail bikes, mountain bikes, your surf boards and whatever else floats your boat!
In so many ways this is a brand new home, with the original floorplan extensively redesigned and with all new windows, doors and genuine hardwood timber floorboards featuring throughout.
Every bathroom has been gutted and replaced, with the star of the show, new designer kitchen, complete with soft close drawers, cupboards and an impressive island that goes forever.
Stone tops on the counters and island, add that level of sophistication, while the reflective glass splashback, capture the natural green bush vistas.
A flawlessly presented home, in a spectacular setting, where you can literally just unpack and immediately enjoy, what are you waiting for ....
- A sea of new hardwood timber floorboards invite you to float around the living
- Light filled & extremely open, the living is truly a sight to behold with views too
- Relax in your lounge to North Easterly water views out over Blacksmiths Beach
- Appreciate sand, surf & Redhead Bluff on the horizon with lots of green around
- Indulge in these same lovely views from your master bedroom with new ensuite
- Wall to wall built in robes feature, with a larger than average, lovely new ensuite
- The bedrooms/bathroom wing is set away from the living for additional privacy
- All 4 bedrooms are of a generous size & they are all complete with built in robes
- The tasteful new bathroom offers a separate toilet away from the bath & shower
- Brand new windows throughout perfectly capture outlooks, views & sea breezes
- A huge new window showcases the view & louvre windows let in a soft breeze
- High accent windows let light in, but not the heat, while promising true privacy
- Head downstairs & discover the 5th bedroom/office & very large second living
- Complete with a new powder room & laundry, this multi purpose space is tops
- Set up as a fully functioning work from home commercial office with its own entry
- It lends itself to being converted into totally independent separate accommodation
- Expect, high & wide generous, auto garaging & additional under house storage
- The backyard like inside is immaculately presented with very minimal maintenance
- A side gate & pathway connect you to the lower level living or current huge office
- Enough lawn for the dog, it is fully fenced with gate way access to bush at the rear
- Home to a protected rare owl you will always enjoy a bush backdrop & no houses
- Complete with an extra storage shed for your mountain bikes & other toys as well
- The main level outdoor entertaining flows effortlessly down to the easy care yard
- Guests, kids, grandkids & puppies can pop up & down inside & out at their leisure
With nothing old left behind, this truly feels like a brand new home in all the ways that count, from the exciting fresh surfaces, with all new high expense items like windows, doors, flooring, kitchen and bathrooms, right through to the inviting and contemporary coastal looking interior and exterior.
Hard to find and hard to beat, make it yours in time for your best Christmas ever!
Listing description written by Shanti Page, SOLD Real Estate — reproduced as published, not verified by Districts.