Swansea at a glance
4,986
People
$1,165,400
Median sale
$602/wk
Median rent
2.69%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
NSW › Swansea › Galgabba St
$1,000,000
Last sold
22 Jan 2024
1
Bedrooms
2
Bathrooms
2
Car spaces
506 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
$1,000,000
22 Jan 2024 · derived via latest_sale
Local land rate: recorded House sales in Swansea (last 5 years) with land size have a median of $1,745/m² of land (n=128). Districts calculation from recorded sales — not a valuation.
Swansea at a glance
4,986
People
$1,165,400
Median sale
$602/wk
Median rent
2.69%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
Vs Swansea
-14.2%
Median sale
Suburb $1,165,400
+0.44 pp
Gross yield
Suburb 2.69%
Suburb median $1,165,400 from 44 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 $602/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
Swansea at a glance
4,986
People
$1,165,400
Median sale
$602/wk
Median rent
2.69%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by SOLD Real EstateMagic location, just a few houses off The Channel, you can see the crystal clear blue water from your front room in the existing cottage now, so just imagine how good the views will be when you build the 2 storey dream home later on ...
Until then love the dual income potential or the holiday in one and rent out the other reality.
Boasting a North East aspect to beautiful green parkland and stunning blue water, the property is blessed with cool summer sea breezes and warm winter sunshine.
With a white picket fence, the original home boasts cute cottage looks, but it is far more spacious than you'd imagine, with a light filled, generous open interior and free flowing floorplan.
Discover a huge eat in kitchen, great size lounge room, roomy master bedroom with built in robes and an office or nursery style front sunroom, complete with a bathroom out the back, all within seconds of the soccer park and Channel.
Park a few cars off street and enjoy lock up garaging and a genuine front and backyard, the perfect weekender, first home or retirement option, its sure to rent easily too!
Coming in from the rear lane, your second residence delivers drive thru double garaging and is complete with its own modern kitchen and bathroom downstairs and very spacious open living and 2 bedrooms up top.
Literally stroll down the laneway for dinner and a few drinks at the newly renovated workers club/bowling club and live your best life in Swansea North's paradise found location.
Surrounded by water, your minutes from the boat ramp, strolling distance of Coon Island's fabulous sandy swimming beach and an easy walk back to Swansea's shops, services, cafes and restaurant scene with Swansea Primary School very close by!
A terrific dual income opportunity now, with brilliant rear lane access, and tons of potential to do something special with down the track, can't you see yourself kicking back on your future upstairs deck with a beer or wine in hand, watching the fishing boats and cruisers making their way back into The Lake ... what a view to unwind too
Here's what you'll love:
- Charming single-level home featuring a classic facade with a welcoming white picket fence and a neatly manicured lawn, providing an inviting curb appeal.
- Includes a spacious, detached lock-up garage, perfect for secure vehicle storage or as a workshop, with additional driveway space for off-street parking.
- Large windows adorn the front, allowing for plenty of natural light to brighten the living spaces, enhancing the home's cozy and airy atmosphere.
- Flat, fenced backyard with a storage shed, ideal for secure outdoor activities and additional storage needs.
- Conveniently located opposite a park and the picturesque Swansea Channel for leisurely walks and scenic vistas.
- Current water views from the house, with potential for wow factor views with a second-storey addition.
- Spacious kitchen featuring ample cabinet space and a large countertop with a built-in gas stove and oven
- Bright and airy with plenty of natural light, the kitchen includes a ceiling fan and high ceilings
- Open floor plan with a seamless flow into adjacent living areas, accentuated by a neutral color palette
- Generous sized main bedroom with neutral colour carpeting, ample natural light, and a large mirrored built in robe.
- High ceilings and a fan for comfort, complemented by a frosted glass door that flows to the sunroom
- Versatile sunroom adaptable as a study, storage area, or space for a spare bed, catering to diverse needs.
- Out the back, the double garage offering ample secure parking and additional space for storage or workshop activities.
- With extra storage room converted into a granny flat like set up, perfect for guests or potential rental income opportunities.
- Set in a quiet laneway, the property promises both privacy and accessibility.
- Ground floor white kitchen with a modern cooker and ample bench space, offering views of the backyard.
- Recently updated bathroom featuring a contemporary vanity unit and a sleek glass shower enclosure.
- Spacious, fully fenced east-facing backyard, perfect for enjoying sunny days in privacy.
- Upstairs boasts an expansive open-plan living area with north-facing windows for abundant natural light.
- Two generously sized, carpeted bedrooms with downlights; one includes a built-in wardrobe.
- Enjoy the refreshing cool northeast breeze during the warm summer months.
Don't miss out on the opportunity to invest in a location where the lifestyle rewards are as tangible as the future capital gains. This Swansea North gem offers a unique dual-living setup with undeniable charm and endless possibilities.
Whether you're looking for a solid investment, a delightful holiday home, or simply a place to retire and relax, this is where your search ends.
Act now to secure this property and watch as your investment grows, not just in value, but in the quality of life it provides.
This isn't just a house; it's the key to your future...
Listing description written by Shanti Page, SOLD Real Estate — reproduced as published, not verified by Districts.
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