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NSW › Salamander Bay › Yachtsman Cres

28A Yachtsman Cres, Salamander Bay NSW 2317

For saleHouse for Sale

$850,000

For sale

Asking

3

Bedrooms

1

Bathrooms

2

Car spaces

254 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $850,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $850,000(Listing record · 26 Mar 2026)
  • CalculationAsk is 26% below the Salamander Bay median recorded sale ($1,147,500, n=57, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Salamander Bay's advertised median rent ($700/wk), implied gross yield would be 4.28% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$850,000

Asking · $3,346/m² of land

No recorded sale for this property.

Salamander Bay at a glance

4,903

People

$1,147,500

Median sale

$700/wk

Median rent

3.17%

Suburb gross yield

Median sale from 57 recorded sales (last 12 months) — a Districts calculation.

See the full Salamander Bay report →

Vs Salamander Bay

-25.9%

Median sale

Suburb $1,147,500

+1.11 pp

Gross yield

Suburb 3.17%

Suburb median $1,147,500 from 57 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$850,000
Stamp Duty (New South Wales)
$32,662
Transfer/Registration Fee
$167
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$886,529

$36,529 on top of the price (4.3% extra)

  • Stamp Duty (New South Wales)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Salamander Bay's advertised median rent — not a rent for this listing.

Net yield
2.78%
Annual cashflow (pre-tax)
$-20,550
Interest cover (DSCR)
0.54
Annual rent
$36,400
Operating expenses
$12,750
Loan amount
$680,000
Annual interest
$44,200
Gross yield
4.28%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$850,000available26 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 $700/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

Gross yield if leased at the suburb aggregate is 4.3%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

Salamander Bay in one glance

Salamander Bay at a glance

4,903

People

$1,147,500

Median sale

$700/wk

Median rent

3.17%

Suburb gross yield

Median sale from 57 recorded sales (last 12 months) — a Districts calculation.

See the full Salamander Bay report →

Keep researching

  • Why Salamander Bay? Read the area thesis →
  • What else is on the market in Salamander Bay →
  • Other records on Yachtsman Cres →

Listing material

Listed by Century 21 Paradise Waters

Easy Living with Space, Light & Lifestyle Appeal

Nestled in a quiet and peaceful street of Salamander Bay, this inviting single-level home offers the perfect combination of comfort, convenience, and low-maintenance coastal living. With a desirable north-east aspect, the property is filled with natural light and features a lovely covered outdoor area that is ideal for entertaining friends, enjoying a quiet morning coffee, or simply relaxing while taking in the serene surroundings. The home comprises three generously sized bedrooms, all with built-in robes, and a central bathroom that caters to family life or visiting guests.

The open-plan kitchen seamlessly flows into the dining area, making meal preparation and entertaining effortless, while the living room is enhanced with a gas point and split-system air conditioning to provide year-round comfort.

Outside, the property is designed for easy upkeep, with low-maintenance gardens complemented by an automatic sprinkler system run off bore water, a garden shed for extra storage, and ample space for a boat, van, or additional vehicles thanks to the double lock-up garage with side access. The large backyard also provides plenty of space for children to play or for pets to enjoy safely.

Read the full description

The location is equally impressive, offering the convenience of being just a short drive from Salamander Bay Square, where shopping, dining, and essential services are all within reach. For those who love the outdoors, Corlette Beach is only minutes away, and nearby reserves such as George Reserve, Bob Cairns Reserve, and Roy Wood Reserve provide ideal spaces for walking, picnicking, or enjoying the water. With its combination of modern comforts, practical living spaces, and proximity to local amenities, this home represents an excellent opportunity for anyone seeking a relaxed coastal lifestyle in one of Port Stephens' most sought-after areas.

Please note, the property is currently subject to an existing tenancy.

Arrange your inspection today and discover your dream home in Salamander Bay call Michael Kirby 0423 792 829

Disclaimer:

All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Some of our properties are marketed from time to time without a price guide at the vendors request. This website may have filtered the property into a price bracket for website functionality purposes. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing. https://nelsonbay.century21.com.au/privacy-policy

Listing description written by Michael Kirby, Century 21 Paradise Waters — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Courtyard
  • Fully Fenced
  • Remote Garage
  • Shed

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Districts

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

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