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 › Patterdale Cl
$790,000
Last sold
22 May 2019
5
Bedrooms
3
Bathrooms
2
Car spaces
801.9 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
$790,000
22 May 2019 · derived via latest_sale
Local land rate: recorded House sales in Lakelands (last 5 years) with land size have a median of $1,756/m² of land (n=20). 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
-22.7%
Median sale
Suburb $1,022,500
+0.67 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 Presence Real EstateAuction Location: Watt Street Commercial Centre
Peacefully positioned in one of Lakelands' most exclusive cul-de-sacs, this single level brick and tile home serves up a deceptively spacious and versatile layout featuring formal and casual living and dining spaces, up to 5-bedroom accommodation and utterly private alfresco entertaining areas. The adaptable floorplan allows the family to interact yet provides space for those who appreciate their privacy. All set on a large 801.9sqm allotment, this home really is a must see.
Framed by two majestic Frangipani trees, there's a shaded verandah to welcome you inside where a contemporary stone-topped kitchen forms the social heart of the home. The timber deck and all-weather outdoor entertaining area is a natural extension of both the formal lounge room and relaxed family living area. Two bedrooms are positioned at the front of the home and two at the rear supported by a master ensuite and family bathroom. A large fifth bedroom with w/c is located on a separate wing and offers floorplan flexibility as a rumpus, teenage retreat or home office. Further highlights include an oversized double garage with internal access plus additional off street parking.
Popular Lakelands is a short drive to Warners Bay shops, cafes and picnic areas as well as Lake Macquarie's aquatic playground where you can take your pick of experiences from cruising on the lake to sailing, kayaking or fishing.
- Single storey brick and tile home on generous 801.9sqm cul-de-sac parcel
- Simple, neutral colour scheme with new carpet throughout
- Ultra-spacious formal lounge and dining; relaxed family living
- Modern gas-equipped kitchen with stone benchtops and dishwasher
- All four bedrooms boast built or walk-in robes and ceiling fans
- Laundry; family bathroom with corner bath; master ensuite; third w/c
- Covered entertaining area where you can invite family and friends to dine alfresco
- Oversized double garage with convenient internal access and workbench
- Air-conditioning, wood burning fire and ceiling fans for seasonal comfort
- Less than one kilometre from the lake and easy access to a choice of schools
This property is being sold under the revolutionary Friendly Auction System.
An independent pest & building report is available on request at no charge to you. This is the type of report your solicitor would usually recommend purchasing before bidding at an auction or before making an unconditional offer prior to auction and are conducted by a panel of reputable companies. The companies have consented to friendly auction terms and will generally be happy to speak to you about your queries in reports and in most cases transfer the reports into your name if you are the successful buyer at auction or prior to auction: see each report for details.
Flexible deposit and settlement conditions are also available by negotiation with the agent if required.
Offers can also be made prior to auction and each offer will be assessed on its merits.
In-rooms auction event scheduled at The Arc at Watt Street Commercial Centre (Cnr King and Watt St Newcastle). Bid and buy with confidence in this consumer driven, transparent auction system that was pioneered here in Newcastle but is now in use across Australia. We also have a downloadable guide available on our website.
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 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.
Listing description written by Matt Barnes, Presence Real Estate — reproduced as published, not verified by Districts.