Corlette at a glance
5,569
People
$1,205,000
Median sale
$742/wk
Median rent
3.20%
Suburb gross yield
Median sale from 72 recorded sales (last 12 months) — a Districts calculation.
NSW › Corlette › Kanangra Ave
$490,000
For sale
Asking
0
Bedrooms
0
Bathrooms
0
Car spaces
304 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
Asking
$490,000
Asking · $1,612/m² of land
No recorded sale for this property.
Corlette at a glance
5,569
People
$1,205,000
Median sale
$742/wk
Median rent
3.20%
Suburb gross yield
Median sale from 72 recorded sales (last 12 months) — a Districts calculation.
Vs Corlette
-59.3%
Median sale
Suburb $1,205,000
+4.67 pp
Gross yield
Suburb 3.20%
Suburb median $1,205,000 from 72 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$20,329 on top of the price (4.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Corlette's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 $742/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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.
Gross yield if leased at the suburb aggregate is 7.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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
Corlette at a glance
5,569
People
$1,205,000
Median sale
$742/wk
Median rent
3.20%
Suburb gross yield
Median sale from 72 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by PRD Port StephensPositioned in one of Corlette's most desirable locations, this is a fantastic opportunity to secure a DA-approved 304m² parcel and bring your dream coastal home to life without the delays and uncertainty of obtaining development approval.
Approved for a contemporary three-bedroom, two-bathroom residence with a double garage, this ready-to-build site is perfect for those looking to create a low-maintenance permanent home, holiday retreat or investment property. With the hard work already completed, you can focus on building and enjoying everything this exceptional location has to offer.
Surrounded by quality homes and nestled in a peaceful street, the property is only 700 metres from Bagnall's Beach, where you can enjoy swimming, paddleboarding and scenic waterfront walks. Dutchman's Beach is approximately 1.7 kilometres away, while the beautiful shores of Corlette Beach are just 2 kilometres from your doorstep. The vibrant Nelson Bay CBD and Marina are approximately 3 kilometres away, offering an excellent selection of cafés, restaurants, boutique shopping and waterfront dining. Salamander Bay Square Shopping Centre is approximately 3.5 kilometres away for all your everyday shopping needs, while Tomaree Aquatic Centre is only 3.8 kilometres away. For boating enthusiasts, Soldiers Point Marina is approximately 7.5 kilometres away, and Newcastle Airport is conveniently located around 34 kilometres from the property.
Offering the rare combination of an approved build, an outstanding coastal location and easy access to beaches, shopping and local amenities, 35A Kanangra Avenue, Corlette presents an exceptional opportunity to secure your place in the highly sought-after Port Stephens market.
Whether you're looking to build your forever home, a weekend escape or a quality investment, this is a chance to fast-track your plans and embrace the relaxed coastal lifestyle that Corlette is renowned for.
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 a 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. https://www.prd.com.au/portstephens/privacy-terms-conditions/
Listing description written by Jay Grogan, PRD Port Stephens — reproduced as published, not verified by Districts.