Swansea at a glance
4,986
People
$1,165,400
Median sale
$602/wk
Median rent
2.69%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
$833,000
Last sold
11 Oct 2023
3
Bedrooms
2
Bathrooms
1
Car spaces
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
$833,000
11 Oct 2023 · derived via latest_sale
Swansea at a glance
4,986
People
$1,165,400
Median sale
$602/wk
Median rent
2.69%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
Vs Swansea
-28.5%
Median sale
Suburb $1,165,400
+1.07 pp
Gross yield
Suburb 2.69%
Suburb median $1,165,400 from 44 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 $602/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
Swansea at a glance
4,986
People
$1,165,400
Median sale
$602/wk
Median rent
2.69%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by SOLD Real EstateLocated in the heart of Swansea, whether you're young or old, you can leave the car at home, and enjoy an amazing seaside village lifestyle, in a home that is so much more move in ready than most of the oldies close to town.
Completely transformed and extensively renovated, not only have the kitchen and bathroom been replaced with fresh and new, but the whole layout has been changed.
Instead of a pokey kitchen and disjointed living, with random bedrooms here and there, the layout is now so much more free flowing.
The summer Nor Easterly sea breezes now whistle through the property from front to back, with a lovely hallway letting the breezes and light stream through the home.
Open living now features at the rear of the property, flowing outdoors to covered rear living and the backyard, with guest or granny quarters in between.
Blessed with lovely old world features like cute cottage looks, high ceilings and lovely wide decorative cornices, the mix of old and new is very appealing, especially now the layout is focused on open plan rear living and a genuine bedrooms and bathroom wing.
Perfect for families, couples and singles, with too many toys, there's nearly half the block still left over to park all of your cars, boats, trailers and caravans off-street, or build that dream shed you've always wanted to.
Terrific wide, auto gate, side access means getting vehicles in and out is easy, especially with it being off a side street.
For those with plans for a second occupancy, there's stacks of room to build a full blown granny flat, away from the main house, subject to council approval of course, perfect for investors and families alike, as well as retirees keen to enjoy an extra source of income in their twilight years.
More development minded buyers might like to consider trying to acquire next door down the track and building villas or town-houses, as the location is perfect for cashed up retiree and professional buyers.
Until then, the current home is extremely move in ready and very well presented, making it the perfect place to call home or perfect rental.
Long term tenants are sure to be happy with somewhere as fresh and well located as this, especially considering the extra adapted granny or guest quarters out back big bonus …
- Wonderful wide side street access for cars, boats & vans
- Wide auto gate, for easy & secure off street parking
- Cute older cottage, with a totally revamped floorplan
- Gone is the poor layout & disjointed living & bedrooms
- Instead expect a free flowing contemporary & open feel
- All the living is now very open & relocated to the rear
- Slide out of the living & kitchen to outdoor living
- Covered, it connects the house to granny's place
- Granny gets a detached huge bedroom & bathroom
- There's room to add a kitchenette for guests too
- Back inside, expect light filled open living & kitchen
- Now you can chat to guests & family from the kitchen
- Complete with breakfast bar seating for family & guests
- The lovely new open style kitchen is so much bigger
- Meaning there's plenty more bench & cupboard space
- Appreciate a big pantry & massive freestanding cooker
- Complete with a double sink, drainer & a dishwasher - YAY
- Delight in easy care, good looking modern plank floors
- Featuring from the front to back doors & the open living
- Love the energy efficient LED modern down lit interior
- Enjoy all season comfort with 4 x new split system air cons
- Discover a totally revamped modern fresh new bathroom
- Featuring a rain & practical detachable shower head
- Expect well positioned bedrooms off a main hall
- All are nearby the new bathroom & boast built ins
- Master suite promising twin robes & a lit up dresser/desk
- Spacious & beautifully lit, with 2 North facing bedrooms
- Both are blessed with winter sun & summer sea breezes
- With new split system air conditioners in all 3 bedrooms
- A great place to start out, slow down invest or develop
- Stroll to cafes, pubs, clubs, supermarkets & post office
- Nearby doctors, dentists, chemists, banking & library
- Food, clothing & gift outlets & all you need day to day
- Magic location for those who don't/won't drive in the future
Offering an incredibly affordable price tag, our last 2 sales on Lake Road went for $1,180,000 and $1,320,000!
However these owners are serious sellers, they've already bought elsewhere and they're definitely after way less than these prices, although if you're feeling generous they'll take whatever extra you might like to give them ;)
Calling for offers, what's your thoughts?
Listing description written by Shanti Page, SOLD Real Estate — reproduced as published, not verified by Districts.
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