Wangi Wangi at a glance
3,080
People
$880,000
Median sale
$625/wk
Median rent
3.69%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
NSW › Wangi Wangi › Summerhill Dr
$705,000
Last sold
7 Nov 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
1,063 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
$705,000
7 Nov 2024 · derived via latest_sale
Local land rate: recorded House sales in Wangi Wangi (last 5 years) with land size have a median of $1,189/m² of land (n=86). Districts calculation from recorded sales — not a valuation.
Wangi Wangi at a glance
3,080
People
$880,000
Median sale
$625/wk
Median rent
3.69%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Vs Wangi Wangi
-19.9%
Median sale
Suburb $880,000
+0.92 pp
Gross yield
Suburb 3.69%
Suburb median $880,000 from 23 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 $625/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
Wangi Wangi at a glance
3,080
People
$880,000
Median sale
$625/wk
Median rent
3.69%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Presence Real EstatePerched on the hill on Wangi's undulating Summerhill Drive, sits an unbeatable proposition appealing to investors, renovators, and developers alike, to breathe life into this unique church conversion on a massive 1063m2 block.
The stories this home could tell – a former church now enjoying its current incarnation as a statement home in the making. Bringing in ample light and space, the home features super-sized rooms, framed by lofty 3m ceilings with timber flooring underfoot, and showcases two elegantly renovated bathrooms, offering a glimpse of this home's potential. Some of its transformative possibilities have already been shaped, with two of the four generous bedrooms featuring ready-to-fit walk-in robes and each room featuring ceiling fan lights. Meanwhile, the living areas have been completely rewired and include two striking ceiling fans. The spacious layout allows for numerous configurations and provides ample room to play, to watch, to relax, to study, and to entertain. Adjacent to the living area, the sizeable kitchen features wrap-around benchtops, a dishwasher, and a large pantry. It also contains a servery window, making for seamless entertaining (and entertaining meal delivery at dinnertime).
Also located on this level is the main bathroom, which has undergone an elegant renovation with classy tile choices, high-quality fixtures, and premium brass fittings. A generous landing, which could also serve as a study room, and a spacious linen closet complete this level.
Downstairs, a versatile multi-purpose area offers two huge rooms, a laundry, and a second renovated bathroom. With its own separate entrance, it offers possibilities as a man cave, work-from-home space, or a teen retreat.
The massive backyard is ideal for kids and pets to run about, with a fenced area for boat or trailer parking. It also includes off-street parking for four vehicles and extensive under-home storage.
Nestled in a quiet and leafy neighbourhood, this property is just minutes away from Wangi Village and Wangi Public School. It's only a few hundred metres to enjoy the Bay, the Bowlo, and for the kids, the Oval and Westlakes Netball courts. Plus, commuters can either hop on a bus 200 metres away to take you north or south, or take the B53, which links to major feeder roads in both directions.
For those wanting a unique home they can transform to its full potential, we invite you to come and inspect today!
Features include:
- An unbeatable opportunity to complete this church conversion into a distinctive statement home.
- Includes two versatile living spaces: an expansive lounge and dining area, and on the lower level, a multipurpose area with two rooms and its own entrance.
- The sizeable kitchen features a dishwasher, a double pantry, a retro oven, and a fun servery connecting to the living areas.
- Four generous bedrooms with ceiling fan lights. Two include ready-to-fit and paint walk-in robes.
- A generous stair landing offers ample space for a study or book nook.
- Two renovated bathrooms: upstairs features stylish tile choices, elegant brass fixtures, and quality fittings, including a water-saving toilet with an integrated hand basin, while downstairs features a modern and bright bathroom.
- Massive 1063m2 block, with a fenced area for children and pets, and ample room for parking your boat, trailer, caravan and vehicles. Extensive under-home storage.
- Laundry and large linen closet for convenience.
- Includes new electrics, lighting, and fans on the upper level.
- Only a few hundred metres to the shoreline for lakeside leisure activities, and convenient to the Village, School, parks, and playing fields. Easy commuter access to arterial routes.
Disclaimer:
All information provided by Presence Real Estate in the promotion of a property for either sale or lease has been gathered from various third-party sources that we believe to be reliable. However, Presence Real Estate cannot guarantee its accuracy, and we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements in the information provided. Prospective purchasers and renters are advised to carry out their own investigations and rely on their own inquiries. All images, measurements, diagrams, renderings and data are indicative and for illustrative purposes only and are subject to change. The information provided by Presence Real Estate is general in nature and does not take into account the individual circumstances of the person or persons objective financial situation or needs.
Listing description written by Diana Apostolovski, Presence Real Estate — reproduced as published, not verified by Districts.