Rankin Park at a glance
2,700
People
$1,075,000
Median sale
$709/wk
Median rent
3.43%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
NSW › Rankin Park › Sabah Cl
$890,000
Last sold
19 Mar 2024
4
Bedrooms
1
Bathrooms
2
Car spaces
582 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
$890,000
19 Mar 2024 · derived via latest_sale
Local land rate: recorded House sales in Rankin Park (last 5 years) with land size have a median of $1,398/m² of land (n=77). Districts calculation from recorded sales — not a valuation.
Rankin Park at a glance
2,700
People
$1,075,000
Median sale
$709/wk
Median rent
3.43%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Vs Rankin Park
-17.2%
Median sale
Suburb $1,075,000
+0.71 pp
Gross yield
Suburb 3.43%
Suburb median $1,075,000 from 27 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 $709/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.
Nearby
Area
Rankin Park at a glance
2,700
People
$1,075,000
Median sale
$709/wk
Median rent
3.43%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Wilton Lemke StewartTucked away in a quiet, exclusive enclave this single level four-bedroom brick and tile residence embodies the essence of stress-free, low-maintenance living. The property shines with recent updates, including a brand-new Shaker Style kitchen boasting a Butler Sink, an induction cooktop with electric stove and an integrated dishwasher. Prepare to be impressed by the open planned kitchen and family/dining room, with air-conditioning. Plush new carpet and built-in robes in the three double bedrooms add an extra layer of comfort. Throughout the freshly painted home are new window furnishings, door hardware, light fixtures and LED downlights. The solid brick shed is an added bonus for storing sporting and hobby equipment. This is the ideal abode for a family seeking a home without the hassle of extensive upkeep. Elermore Vale shopping centre is a three-minute drive away, putting convenience at your fingertips. The highly sought-after Wallsend South Public School is just 500m away, with zoning for Lambton High School. The seven-minute commute to the nearby John Hunter Hospital is a notable perk, whilst Newcastle CBD, and the stunning beaches, are only a 20 minute drive. Your new home is ready and waiting, seamlessly blending comfort, style and convenience.
- Smartly updated brick and tile family home on 582.6sqm block in private enclave
- Freshly painted and updated throughout, including window furnishings and light fixtures
- New kitchen with induction cooktop, under-bench oven, dishwasher, ducted rangehood
- Spacious open plan kitchen and family/dining room, which flows into the loungeroom
- Built-in robes in three of the four bedrooms, with new carpet in all rooms
- Large bathroom and separate laundry with two-way access to w/c
- Double carport plus lock-up storage shed
- 7km to Westfield Kotara, 10km to Newcastle Interchange, 12km to Merewether Beach
- Council Rates Approx $529 p/q
- Water Rates Approx $879 + usage p/a
- Community title Approx $335 p/q
- Potential rental return $650 - $680
Disclaimer: We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.
Listing description written by Tom Lemke, Wilton Lemke Stewart — reproduced as published, not verified by Districts.