Largs at a glance
2,095
People
$800,000
Median sale
$676/wk
Median rent
4.39%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
$900,000
Last sold
17 Jan 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
1,618 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
$900,000
17 Jan 2024 · derived via latest_sale
Local land rate: recorded House sales in Largs (last 5 years) with land size have a median of $1,041/m² of land (n=61). Districts calculation from recorded sales — not a valuation.
Largs at a glance
2,095
People
$800,000
Median sale
$676/wk
Median rent
4.39%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Vs Largs
+12.5%
Median sale
Suburb $800,000
-0.48 pp
Gross yield
Suburb 4.39%
Suburb median $800,000 from 11 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 $676/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
Largs at a glance
2,095
People
$800,000
Median sale
$676/wk
Median rent
4.39%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Clarke & Co Estate AgentsOpportunities don't get any more sort after then this prime 1,618sqm parcel of land right in the heart of Largs. With great road exposure and HUGE development options, one luxury buyer will have the opportunity of a lifetime.
Whether you are looking to design your dream family home, create a medical centre or build a portfolio of amazing investment properties this one is certainly for you. The current home is structurally in good condition with an easy conversion into a three bedroom, two bathroom home with two separate living areas, or choose to knock it down and start again.
Largs is a lovely suburb that boasts a semi rural feel, whilst still within easy reach of the conveniences of city living. Within a ten minute drive, you'll find the heritage centre of Maitland, the quaint town of Morpeth with a range of galleries, boutique shopping and cafes, and the popular Green Hills shopping complex, offering easy access to all your everyday needs and more! Further afield, you'll find Newcastle a 40 minute drive, and the Hunter Valley 30 minutes away, and only 15 minutes from the M1 Motorway, connecting you to the city and vineyards in no time!
If you would like to know more information about possible development options, resale of sites and further general information please reach out to our awesome team at Clarke & Co Estate Agents.
PROPERTY INFORMATION
Existing Home:
- Structurally in good condition with a hardwood timber frame.
- Being on piers it makes it easy to create additional wet areas or move plumbing.
- Easy possibility of being converted into a 3 bedroom, 2 bathroom home with 2 separate living spaces.
Site Information:
- ZONING, R1 General Residential
- Flat 1,618sqm block with great square shape
- 40m road frontage on High Street Largs
- 40m road frontage on Church Street Largs
- No easements cutting the block
- Sewer in the back left hand corner perfectly positioned
- Huge North facing aspect
- NO flooding, bushfire, road widening, heritage listing or anything major that will effect the possibilities
Maitland Council Development Options:
- Maitland Council do allow a Torrens title subdivision down to 300sqm
- Maitland council allow straight land subdivisions down to 450sqm
Development needs for the area:
- Medical centre
- Day care
- Unit complex for more housing
- Vacant blocks of land
- Aged care facilities
Outgoings:
Council Rate: $3,220 approx per annum
Water Rate: $754.98 approx per annum
Why you'll love where you live;
- Located within an easy 8 minute drive of the lovely Morpeth Village, boasting a range of cafes, boutique shopping and restaurants to enjoy.
- Within a stroll from Largs Public School and Largs Park.
- Located just 10 minutes from the newly refurbished destination shopping precinct, Green Hills shopping centre, offering an impressive range of retail, dining and entertainment options right at your doorstep.
- An easy 10 minute drive to Maitland's heritage CBD and revitalised riverside Levee precinct, offering a range of retail, dining and seasonal events.
- 40 minutes to the city lights and sights of Newcastle.
- 30 minutes to the gourmet delights of the Hunter Valley Vineyards.
***Health & Safety Measures are in Place for Open Homes & All Private Inspections
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 Nick Clarke, Clarke & Co Estate Agents — reproduced as published, not verified by Districts.