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NSW › Belmont › Ernest St

28 Ernest St, Belmont NSW 2280

House

$1,060,000

Last sold

8 Apr 2026

3

Bedrooms

2

Bathrooms

2

Car spaces

400 m²

Land

118 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,060,000 (8 Apr 2026).(Recorded sale)
  • CalculationRecorded House sales in Belmont (last 5 years) with land size: median $1,729/m² of land (n=86). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$1,060,000

8 Apr 2026 · derived via latest_sale

Local land rate: recorded House sales in Belmont (last 5 years) with land size have a median of $1,729/m² of land (n=86). Districts calculation from recorded sales — not a valuation.

Belmont at a glance

7,390

People

$1,390,000

Median sale

$623/wk

Median rent

2.33%

Suburb gross yield

Median sale from 24 recorded sales (last 12 months) — a Districts calculation.

See the full Belmont report →

Vs Belmont

-23.7%

Median sale

Suburb $1,390,000

+0.73 pp

Gross yield

Suburb 2.33%

Suburb median $1,390,000 from 24 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$1,060,0008 Apr 2026
  2. Listedprice unknowncompleted18 Mar 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $623/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

Belmont in one glance

Belmont at a glance

7,390

People

$1,390,000

Median sale

$623/wk

Median rent

2.33%

Suburb gross yield

Median sale from 24 recorded sales (last 12 months) — a Districts calculation.

See the full Belmont report →

Keep researching

  • Why Belmont? Read the area thesis →
  • What else is on the market in Belmont →
  • Other records on Ernest St →

Listing material

Listed by SOLD Real Estate

Cottage Charm, One Level Living, Flat Block, Dual Street Access, Easy Parking, Business Zoning Benefit, Central Spot, Stroll to Shops & The Lake

A classic cottage façade, a welcoming entry, and once inside, a surprising sense of scale that continues to unfold the further you walk through.

Polished timber floors, soaring decorative ceilings and beautifully proportioned rooms create a warmth that feels both nostalgic and liveable. Then, just when you think you've seen it all, the home opens at the rear into a generous, light-filled living space that connects seamlessly to a large covered alfresco, a true indoor-outdoor lifestyle that suits everything from quiet afternoons to full family gatherings.

Set on a completely flat block with rare dual street access and positioned within MU1 Mixed Use zoning, this property offers a unique combination of lifestyle, practicality and future upside. Whether you're looking for a comfortable home, a work-from-home setup, or a site with business potential, the flexibility here is undeniable.

Read the full description

This is where the home truly separates itself. A thoughtfully designed layout with clear zones, multiple living options and exceptional usability across the entire site.

Here's what you'll love;

• Classic cottage façade with charming picket fence frontage, creating a welcoming first impression and timeless street appeal

• Elevated ceilings with ornate plasterwork and decorative detailing, adding character, space and architectural charm throughout

• Beautifully maintained polished timber floorboards flowing consistently across the home, enhancing warmth and cohesion

• Wide central hallway creating a strong sense of scale while naturally guiding movement from front to rear living zones

• Front-positioned oversized room ideal as a third bedroom, home office or client-facing consulting space with excellent separation

• Generous secondary bedrooms featuring large windows, high ceilings, built-in robes and abundant natural light

• Expansive main bedroom offering exceptional proportions, built-in storage and flexibility for additional sitting or workspace

• Centrally located bathroom with walk-in shower, vanity storage, neutral finishes and practical everyday functionality

• Separate front lounge room providing a quiet retreat, media space or secondary living zone away from the main hub

• Dedicated dining area positioned between lounge and kitchen, creating a natural connection for both everyday meals and entertaining

• Centrally positioned kitchen acting as the core of the home, perfectly connecting all living zones for practical family living

• Well-appointed kitchen with wraparound benchtops, breakfast bar seating, ample cabinetry and excellent preparation space

• Quality appliances including electric cooktop, wall oven, dishwasher and functional layout for ease of use

• Expansive rear family living zone offering a true open-plan experience with room for large furniture and gatherings

• Large windows and glass doors flooding the rear living space with natural light and enhancing the connection to outdoors

• Seamless indoor-outdoor transition from the family room to a substantial covered alfresco area

• Oversized undercover entertaining zone complete with ceiling fan and privacy screening for year-round use

• Additional outdoor areas including paved courtyard spaces and low-maintenance lawn, offering flexibility for entertaining or pets

• Functional rear laundry combined with second bathroom, ideal for busy households, entertaining or business use

• Completely flat, highly usable block allowing easy movement across the entire property with minimal upkeep required

• Rare dual street access providing exceptional flexibility for vehicle access, storage or future development potential (STCA)

• Single lock-up garage positioned separately for practicality and access

• Dedicated caravan/boat storage plus high-clearance carport, ideal for larger vehicles, trailers or lifestyle equipment

• Extensive off-street parking options for multiple vehicles, work vehicles or client access

• Clear and functional site layout separating residence, parking and outdoor entertaining zones

• Side access running the full length of the block, enhancing usability and long-term flexibility

• MU1 Mixed Use zoning allowing for a wide range of permitted uses including residential living, retail, consulting rooms or business premises

• Strong potential for home-based business, medical/consulting rooms, studio or commercial application subject to council approval

• Positioned in a central Belmont location with excellent exposure potential for business use while still maintaining residential comfort

• Easy walking access to Belmont's shopping precinct, cafés, services and the lake foreshore

• Minutes' walk or bike ride to Nine Mile beach

• 20 minutes commute into Newcastle CBD, where dining and shopping await

For retirees, it's all about ease and simplicity… single-level living, minimal maintenance, and the ability to walk to everything you need while still enjoying space and comfort at home.

For young families, it offers room to grow, with multiple living zones, oversized bedrooms, a safe flat block, and a layout that allows everyone to spread out while still staying connected.

And for business owners or commercial buyers, the MU1 zoning is where this property becomes something far more versatile, the ability to operate from home, run a consulting space, or secure a versatile site in a highly central location with long-term upside.

From here, the lifestyle is effortless. Start your mornings with a walk along the lake, grab a coffee from one of Belmont's local cafés, run your errands just moments from home, and return to a space that feels calm, established and easy to maintain.

Opportunities like this where character, flexibility, dual access and genuine mixed-use potential all come together, are incredibly rare to find in one complete package.

Come and BESOLD…

*All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and interested parties should rely on their own enquiries. Any development or use of the property is subject to approval from Lake Macquarie City Council. Images, plans and descriptions are for marketing purposes only.

Listing description written by Ben Casey, SOLD Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Broadband
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Floorboards
  • Fully Fenced
  • Outdoor Entertaining
  • Secure Parking
  • Shed
  • Study
  • Workshop
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.