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 Close Old
$650,000
Last sold
31 July 2014
5
Bedrooms
2
Bathrooms
2
Car spaces
802 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
$650,000
31 July 2014 · 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
-36.4%
Median sale
Suburb $1,022,500
+1.31 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 EstatePositioned on an 802sqm parcel in a peaceful cul de sac, this single level, five bedroom family sized home is centrally located only minutes away from the shores of Lake Macquarie and lies within close proximity to quality schools, transport and shopping centres.
This home offers the benefit of two distinct living spaces, the first being an oversized formal lounge room that boasts a built in bar and combines with the family sized dining room. The sunlit second living space is open plan and links the kitchen with an informal family/ dining room that features a cosy gas fire and provides direct access to the sizeable covered alfresco area, deck and low maintenance backyard, a perfect place for entertaining a crowd.
All five bedrooms enjoy built in wardrobes and ceiling fans with the master enjoying a walk in robe and its own private ensuite. The fifth bedroom is located on a separate wing, has its own WC and could easily be used as a home office, teenage retreat or guest accommodation. The family sized bathroom hosts a deep soaking corner bathtub and is centrally located to service all bedrooms.
Further highlights of this home include an oversized double garage with internal access, a circular driveway with room for additional off street parking, established gardens, gas cooking and ceiling fans throughout.
This appealing home definitely ticks all the boxes for modern family living and is worthy of inspection.
* Five generous bedrooms, all complete with ceiling fans and BIR
* Single level
* Two distinct living areas
* Formal living space offers an oversized lounge with built in bar and combines with family sized dining room
* Open plan informal living space flows onto a spacious alfresco area, perfect for entertaining a crowd
* Cosy gas fire
* Sunlit kitchen boasts gas cooking and an abundance of storage options
* Well located family sized bathroom complete with deep soaking corner bathtub
* Oversized double car garage, circular driveway and additional off street parking
* Established gardens on a 802sqm low maintenance block
* Central location only minutes to the shores of Lake Macquarie, quality schools and local shopping centre
When PRDnationwide properties are listed for "Preview" it generally means that have just been listed and you are amongst the first buyers in the market to be exposed to the property.
The vendors may not have formally set a price guide for the property at this stage as they may wish to gain further feedback from the market before doing so. Often they are gaining further feedback from the market to ensure they are being realistic with their price guide to enhance the chance of a swift sale when they go to the full Public Media Launch
What is the price guide?
Your friendly PRDnationwide agent will generally be able to provide you with a rough price guide for the property during the preview stage of marketing and can always update you on the formal price guide once it is ready to be published if it is substantially different from the Preview guide. If you have received an e-brochure about this property as part of PRD's Red Alert system, it is likely to be in the price range you have previously specified to us.
Can I buy a property during the Preview stage of marketing?
Absolutely! In fact up to 20% of PRDnationwide's properties sell in the Preview stage of marketing, often to the exclusive members of the PRD Red Alert buyer database.(register at www.prdnewcastle.com.au/red-alert? )
To give the best chance of securing a property before it makes it to the full Public Media Launch it is advised to offer towards the upper end of the pricing guide you have been given.
For a quick video informing buyers and sellers what PRDnationwide Previews are all about click here - http://tinyurl.com/cjelafr
Listing description written by PRDnationwide Newcastle - Lake Macquarie, Presence Real Estate — reproduced as published, not verified by Districts.