Oak Flats at a glance
7,057
People
$1,055,000
Median sale
$711/wk
Median rent
3.50%
Suburb gross yield
Median sale from 61 recorded sales (last 12 months) — a Districts calculation.
NSW › Oak Flats › Tarra Cres
4
Bedrooms
2
Bathrooms
2
Car spaces
570 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Oak Flats (last 5 years) with land size have a median of $1,630/m² of land (n=64). Districts calculation from recorded sales — not a valuation.
Oak Flats at a glance
7,057
People
$1,055,000
Median sale
$711/wk
Median rent
3.50%
Suburb gross yield
Median sale from 61 recorded sales (last 12 months) — a Districts calculation.
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 $711/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
Oak Flats at a glance
7,057
People
$1,055,000
Median sale
$711/wk
Median rent
3.50%
Suburb gross yield
Median sale from 61 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White ShellharbourPerfectly nestled in a quiet, leafy, tree-lined street of Oak Flats, this stunning residence promises the best of family living with added touches of luxury. Featuring a saltwater pool, a versatile upstairs retreat, and breathtaking lake views, 38 Tarra Crescent is where lifestyle and comfort beautifully converge. With a reserve across the road, enjoy the added privacy and tranquil outlook with no neighbours directly opposite.
The Home - Versatile Spaces and Effortless Entertaining
4 Bedrooms | 2 Bathrooms | Tandem Double Garage
Designed to adapt to your family's needs, this home boasts a clever layout with multiple living zones and the flexibility to create an upstairs kids' retreat or self-contained space. With options for two bedrooms or one bedroom with a rumpus, plus a kitchenette, it's perfect for teenagers, guests, or a potential rental opportunity-all while enjoying serene lake views.
Renovated Kitchen with Café-Style Flair
The heart of the home features a beautifully renovated kitchen, complete with stone benchtops, sleek appliances, and stylish café-style bi-fold windows that open up to a serving hatch-perfect for effortless entertaining. Bi-fold doors extend the space onto a charming side deck, inviting the outdoors in.
Alfresco Entertaining & Saltwater Pool
Step outside to discover an expansive alfresco area that seamlessly connects to the sparkling saltwater pool. Whether it's summer barbecues, weekend pool parties, or simply relaxing in the sun, this outdoor space is designed for making memories. Beyond the pool, a large yard space provides the perfect setting for year-round kids' activities and pets to roam free. Adding to the resort-like feel, enjoy the convenience of an outdoor hot shower, perfect for rinsing off after a swim.
Renovated Bathrooms with Modern Touches
Both bathrooms have been beautifully updated, blending modern finishes with practical design, ensuring comfort and style for the whole family.
The Location - A Lifestyle of Convenience and Leisure
Positioned moments from Lake Illawarra's stunning foreshore, enjoy morning strolls along the water's edge, kayaking adventures, or simply taking in the peaceful lake views from your own window.
* Lakeside Walks & Cycle Trails - Connect with nature right on your doorstep.
* Close to Schools & Local Shops - Everything you need is just moments away.
* Easy Access to Shellharbour City Centre & Beaches - The coast is your playground.
* Commuter Convenience - Only 20 minutes to Wollongong CBD.
A Home That Welcomes Family and Friends
38 Tarra Crescent is more than just a home; it's a lifestyle destination. With its flexible living spaces, standout entertaining areas, and lake views, it's perfect for families who love to gather and entertain.
Don't miss the opportunity to make this place yours. Contact Alex Cockcroftt at Ray White Shellharbour City on 0427 785 000 to arrange your private inspection today. Opportunities like this don't last long-secure your slice of Oak Flats paradise now.
Listing description written by Alex Cockcroft, Ray White Shellharbour — reproduced as published, not verified by Districts.