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NSW › Kotara › Park Ave

345 Park Ave, Kotara NSW 2289

House

5

Bedrooms

3

Bathrooms

5

Car spaces

1,100 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLand 1,100 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Kotara (last 5 years) with land size: median $1,475/m² of land (n=108). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

No recorded sale price for this property yet.

Local land rate: recorded House sales in Kotara (last 5 years) with land size have a median of $1,475/m² of land (n=108). Districts calculation from recorded sales — not a valuation.

Kotara at a glance

4,154

People

$1,062,500

Median sale

$821/wk

Median rent

4.02%

Suburb gross yield

Median sale from 24 recorded sales (last 12 months) — a Districts calculation.

See the full Kotara report →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Soldprice unknown17 Dec 2024
  2. Listedprice unknowncompleted12 Aug 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $821/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

Kotara in one glance

Kotara at a glance

4,154

People

$1,062,500

Median sale

$821/wk

Median rent

4.02%

Suburb gross yield

Median sale from 24 recorded sales (last 12 months) — a Districts calculation.

See the full Kotara report →

Keep researching

  • Why Kotara? Read the area thesis →
  • What else is on the market in Kotara →
  • Other records on Park Ave →

Listing material

Listed by Presence Real Estate

Exceptional Opportunity – Spacious Home with Granny Flat for Investors and Multigenerational Families

Tucked in a prime location with convenient access to many of Newcastle's sought-after attractions, this exceptional property offers a rare blend of opportunity and comfort, perfect for both savvy investors and multigenerational families. With two self-contained dwellings on a massive 1109sqm expansive block, it provides both a comfortable living space and a smart investment prospect.

Bathed in natural light from its north-facing orientation, the main residence features two expansive living areas, ideal for both relaxation and entertainment. The oversized lounge can be closed off for cozy movie nights or epic gaming sessions, while the good-sized dining/family room provides an ideal setting for family dinners, children's playtime, or focused homework sessions. At the heart of these spaces, the U-shaped kitchen includes a gas hob, Fisher & Paykel Dishdrawer, and ample storage, making meal prep a breeze. Three good-sized bedrooms include a master with a built-in robe and ensuite for added convenience, while the family bathroom is appointed with a full-sized bath and shower. A carport and turning bay are conveniently positioned at the front of this property offering off-street parking for four vehicles.

Adding further value to this unique property is the modern granny flat. Fully self-contained, it radiates visual appeal with an expansive timber deck, perfect for outdoor entertaining. It also features an internal garage with a remote opener and a separate driveway for easy access. Inside, vaulted ceilings create an airy and spacious atmosphere, with air-conditioning for added comfort. The generously proportioned master bedroom includes a built-in robe and ceiling fan, while the second bedroom would make an excellent study. Completing this attractive abode are a contemporary kitchen and bathroom.

Read the full description

Convenience is key at this property's location. Perfectly positioned for families, it is zoned for Kotara South Public and Kotara High Schools, with added private school options nearby. Westfield and Charlestown Square are just a short drive away, and for commuters, Kotara Station is within walking distance. The bus stop is only steps away, and for car commuters it's just a quick zip up to the bypass. For nature lovers, Blackbutt Nature Reserve and Raspberry Gully are just around the corner, while Lake Macquarie and fabulous beaches are only a short drive away.

Properties like this simply don't come along often. Investors will be thrilled with the excellent rental return of $1,150 per week, while multigenerational families will love the flexibility of dual dwellings. Don't miss out on this extraordinary opportunity – come and inspect today!

Features include:

- Comfortable three-bedroom home and self-contained two-bedroom granny flat – ideal for investors or multi-generational buyers.

- Convenient location to shops, schools, playing fields, the lake and beaches.

- Current rental return of $1,150 per week.

Main home:

- Two living areas including a large lounge and a separate dining/family room.

- U-shaped kitchen with ample storage and benchspace.

- Three good-sized bedrooms, master with air-conditioning and built-in robe.

- Ensuite to master bedroom, family bathroom with full-sized bath, separate shower and a separate toilet.

- Front north-facing patio for entertaining.

- Carport, turning bay and off-street parking for four vehicles.

Granny flat:

- Open-plan living and dining area with AC, two bedrooms, contemporary kitchen and bathroom, expansive private deck, remote-opening double garage. Private entrance.

To find out more about this property, please contact Alex Brooks on 02 4926 0630.

Outgoings:

Water rates: $915.72 approx per annum

Council rates: $2,244 approx per annum

Disclaimer:

All information provided by Presence Real Estate in the promotion of a property for either sale or lease has been gathered from various third-party sources that we believe to be reliable. However, Presence Real Estate cannot guarantee its accuracy, and we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements in the information provided. Prospective purchasers and renters are advised to carry out their own investigations and rely on their own inquiries. All images, measurements, diagrams, renderings and data are indicative and for illustrative purposes only and are subject to change. The information provided by Presence Real Estate is general in nature and does not take into account the individual circumstances of the person or persons objective financial situation or needs.

Listing description written by Liam McAlister, Presence Real Estate — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.