Lakelands at a glance
1,634
People
$1,022,500
Median sale
$450/wk
Median rent
2.29%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
NSW › Lakelands › Ulverston Way
$1,325,000
Last sold
20 June 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
885 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
$1,325,000
20 June 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 Lakelands (last 5 years) with land size have a median of $1,798/m² of land (n=19). Districts calculation from recorded sales — not a valuation.
Lakelands at a glance
1,634
People
$1,022,500
Median sale
$450/wk
Median rent
2.29%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Vs Lakelands
+29.6%
Median sale
Suburb $1,022,500
-0.52 pp
Gross yield
Suburb 2.29%
Suburb median $1,022,500 from 6 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 $450/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
Lakelands at a glance
1,634
People
$1,022,500
Median sale
$450/wk
Median rent
2.29%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Belle Property Hunter RegionThis impeccably presented single-level family home boasts a commanding position at the end of a serenely peaceful cul-de-sac. Architecturally designed and built in the early '90s, it's a fine example of late twentieth-century modernist architecture showcasing clean lines, the efficiency of the home's energy use and vast open-plan living spaces extending outdoors. It promises a relaxed lakeside lifestyle of comfort and convenience.
The spacious floorplan reveals a formal dining room and sunken lounge featuring soaring cathedral ceilings, built-in custom oak cabinetry and ambient mood lighting. A study/office also features a custom-built desk and cabinetry. The white kitchen boasts an abundance of cupboard space, an electric cooktop and encompasses a casual sitting room and family meals area. There are three bedrooms, all featuring built-in robes and ceiling fans. One has direct access to the family bathroom, whilst the master boasts a walk-in, ensuite and custom cabinetry. Outdoors has a prized northeasterly aspect and features a low-maintenance garden and peaceful alfresco entertainment space with a built-in barbecue. The double garage features roof storage, parking for a trailer and two lower versatile levels that could be used as a teenagers' retreat, rumpus or gym. Other notable features include back-to-grid solar power, ducted air throughout and an abundance of storage.
Occupying an 886 sqm parcel of land, this tranquil address is a short drive to Warners Bay shops and cafes, Charlestown Square and beautiful Lake Macquarie.
- Single-level architecturally built home on an 886sqm parcel of land
- Peaceful cul-de-sac location surrounded by quality homes
- Open plan lounge and dining featuring custom oak cabinetry
- Spacious kitchen and casual living and meals area
- Three bedrooms with built-in robes plus study with cabinetry
- Family bathroom; powder room; ensuite to master bedroom
- Double garage featuring storage and trailer parking
- Versatile lower level area under garage with storage and potential rumpus/gym
- Alfresco covered entertaining space featuring built-in barbecue
- Short drive to Lake Macquarie, Warners Bay and Charlestown Square
Listing description written by Brooke Degotardi, Belle Property Hunter Region — reproduced as published, not verified by Districts.
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