Tea Gardens at a glance
3,357
People
$895,000
Median sale
$639/wk
Median rent
3.71%
Suburb gross yield
Median sale from 9 recorded sales (last 24 months) — a Districts calculation.
NSW › Tea Gardens › Genoa Grove
$800,000
Last sold
6 June 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
602.2 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
$800,000
6 June 2023 · derived via latest_sale
Local land rate: recorded House sales in Tea Gardens (last 5 years) with land size have a median of $1,393/m² of land (n=17). Districts calculation from recorded sales — not a valuation.
Tea Gardens at a glance
3,357
People
$895,000
Median sale
$639/wk
Median rent
3.71%
Suburb gross yield
Median sale from 9 recorded sales (last 24 months) — a Districts calculation.
Vs Tea Gardens
-10.6%
Median sale
Suburb $895,000
+0.44 pp
Gross yield
Suburb 3.71%
Suburb median $895,000 from 9 recorded sales (last 24 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 $639/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
Tea Gardens at a glance
3,357
People
$895,000
Median sale
$639/wk
Median rent
3.71%
Suburb gross yield
Median sale from 9 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by River Realty MaitlandFor exclusive access to River Realty VIP properties please join http://bit.ly/RiverVIPs today, or SMS 'RiverVIPS' to 0428 166 755.
The Agent Loves
"This stunning property combines the best of Tea Gardens living with its low-maintenance design and outstanding outdoor entertainment facilities. The community-oriented location offers a truly unparalleled lifestyle experience."
The Location
Nestled in the serene Myall Quays estate, one of Tea Gardens' most sought-after locations, this captivating home is just a short stroll from picturesque riverfront restaurants and cafés. The community-oriented neighbourhood offers the perfect backdrop for retirees and lifestyle investors seeking a holiday home or a long-term residence.
Maitland – 56 mins (70.5 km)
Pokolbin – 1 hour 25 mins (113 km)
Newcastle CBD – 1 hour 8 mins (79.9 km)
Sydney CBD – 2 hours 38 mins (225 km)
The Style
A harmonious blend of rendered cement and immaculate tiling lends the home a timeless appeal. Inside, the open-plan design boasts a contemporary, updated kitchen and low-maintenance living spaces that combine style, comfort, and functionality.
The Life
Trade cramped suburbs and noisy streets for a walk to your favourite waterfront café each morning, then enjoy your coffee of choice as you head back home along the Myall River's esplanade.
If you decide to have breakfast back at home, the updated kitchen is a culinary enthusiast's dream, complete with custom cabinetry, stone benchtops, a breakfast bar, and high-quality stainless steel appliances. Cooking up gourmet delights or hosting casual gatherings has never been easier.
When it's time to eat, you're spoiled for choice: the formal living and dining areas feature plush carpeted floors and elegant pendant lighting, setting the tone for memorable nights of fine dining and engaging conversation, while the open-plan living and dining area seamlessly connects to the lush greenery of the outdoor alfresco area – perfect free-flowing entertaining all year round.
Extra high fencing surrounds the home, ensuring privacy while allowing you to enjoy the beautifully established gardens, bricked pathways, and decorative outdoor lighting. Additional features include a garden shed, freestanding clothesline, water taps around the property, and walking distance to local shops and facilities.
When it's time to call it a day, retreat to the main bedroom and enjoy some relaxing quiet time with its plush carpet, sheer curtains, and a walk-in robe with lighting and shelving. The ensuite bathroom offers a luxurious experience with a large walk-in glass-screened shower, tiled floors, and stylish vanity, adding a little extra privacy to your morning and evening routines.
The additional three bedrooms are equally inviting, with comfortable carpets, built-in wardrobes, and pendant lighting – perfect for hosting friends and family for longer stays.
A three-car garage, featuring two automatic roller doors, power, lighting, and access to the roof, adds ample utility, and the bricked driveway leads to a sturdy carport, providing extra space for boat storage or additional vehicles.
Immerse yourself in a lifestyle of serenity and modern elegance in this enchanting Tea Gardens home, and you'll quickly discover why it's such a highly sought-after destination.
SMS 4Gen to 0428 166 755 for a link to the online property brochure.
Listing description written by Tom Woods, River Realty Maitland — reproduced as published, not verified by Districts.