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 › Dobell Dr
$1,090,000
Last sold
5 Nov 2024
2
Bedrooms
1
Bathrooms
2
Car spaces
1,062 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
$1,090,000
5 Nov 2024 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
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
+23.9%
Median sale
Suburb $880,000
-0.71 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 Ray White Toronto* Large waterfront reserve block with updated 2 bedroom home and fantastic views from all parts of the house
* 2 Large bedrooms, 1 main bathroom which has been updated over time
* Large open plan living, dining and kitchen area - kitchen has been replaced since it was built
* Huge enclosed sunroom takes in 180 degree lake views - WOW
* Double garage with plenty of room, loads of off street parking
* So much potential - renovate and extend, knock down and rebuild or just leave it as it is
* Within minutes of Wangi's bustling main street with IGA, bakery, library, Pub, RSL Club and so much more
* Floor plan available on request
* Call for a private inspection today
This is one of those perfect opportunities for someone to enter the waterfront reserve property market without the huge payout, a 1,075sqm waterfront reserve block with spectacular views and loads of potential for its new owner. Standout views of Pulbah Island and so much of the lake.
Providing a lovely, updated 2 bedroom home that sits proudly in an elevated position taking in a glorious outlook. The block is tiered and levelled to the waterfront boundary, giving you uninterrupted views and access to our beautiful Lake Macquarie.
A great opportunity to 'land bank' as a site to live in or re build on at a later date, live in now or just use an investment and take advantage of the capital growth. Sitting within 75 minutes of Sydney, 50 minutes of Newcastle or 10 minutes to Toronto's CBD for all your shopping needs.
From all of us at Ray White Toronto/Lake Macquarie, we wish you every success in the search for your next property. If you would like more detail on this or to chat about one of the many other properties we have available please call or email us today.
DISCLAIMER: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document
Listing description written by Nathan Wood, Ray White Toronto — reproduced as published, not verified by Districts.