Rankin Park at a glance
2,700
People
$1,060,000
Median sale
$709/wk
Median rent
3.48%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
NSW › Rankin Park › Bond Cl
$922,500
Last sold
16 June 2020
4
Bedrooms
2
Bathrooms
2
Car spaces
877 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
$922,500
16 June 2020 · derived via latest_sale
Local land rate: recorded House sales in Rankin Park (last 5 years) with land size have a median of $1,412/m² of land (n=78). Districts calculation from recorded sales — not a valuation.
Rankin Park at a glance
2,700
People
$1,060,000
Median sale
$709/wk
Median rent
3.48%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
Vs Rankin Park
-13.0%
Median sale
Suburb $1,060,000
+0.52 pp
Gross yield
Suburb 3.48%
Suburb median $1,060,000 from 28 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 $709/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
Rankin Park at a glance
2,700
People
$1,060,000
Median sale
$709/wk
Median rent
3.48%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Creative Property CoThis stunning multi-level family home is sure to impress, located in one of Rankin Park's best streets, everything is at your fingertips.
Perfectly positioned in a peaceful & leafy cul-de-sac and just a short distance from all the local conveniences including shopping, a number of schools, transport and John Hunter Hospital.
Elevated position with beautiful leafy surrounds
- Four bedrooms, master retreat offers walk-in robe and ensuite
- Separate study/office or possible fifth bedroom
- Multiple living and entertaining zones including formal lounge, separate family room, downstairs rumpus & entertainment rooms
- Fresh, modern kitchen features glass & moulded acrylic splashback, 40mm Caeserstone bench tops & breakfast bar
- Daikin ducted air conditioning and down lights throughout plus gas burning log heater- Kick back and relax on the rear covered alfresco space and enjoy the views
- Fantastic storage throughout with a spacious workshop/art/music studio, separate storage room and impressive wine cellar/storage
- Bursting with features including new Solar system, Solar hot water, CCTV, two water features and watering system to gardens and lawns
- Automatic double garage plus an abundance of off street parking
- 3.1km approx to John Hunter Hospital & Newcastle Private, 2.8km approx to Elermore Vale Shopping Centre
- 1.1km approx to Cambridge Hills Pre-School, 3.8km approx to New Lambton Heights Infants School
- 4.5km approx to New Lambton Public School, 6.1km approx to Lambton High School
- Newcastle University approx 7.6km
Land: 877m2 approx
Council Rates: $604 per qtr approx
Rental Appraisal: $725-$775pw
Listing description written by Ross Mcintosh, Creative Property Co — reproduced as published, not verified by Districts.