Boolaroo at a glance
2,075
People
$1,194,652
Median sale
$718/wk
Median rent
3.13%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
NSW › Boolaroo › Lakeview St
$1,000,000
Last sold
4 Nov 2024
5
Bedrooms
2
Bathrooms
1
Car spaces
809 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
$1,000,000
4 Nov 2024 · derived via latest_sale
Local land rate: recorded House sales in Boolaroo (last 5 years) with land size have a median of $2,058/m² of land (n=62). Districts calculation from recorded sales — not a valuation.
Boolaroo at a glance
2,075
People
$1,194,652
Median sale
$718/wk
Median rent
3.13%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Vs Boolaroo
-16.3%
Median sale
Suburb $1,194,652
+0.60 pp
Gross yield
Suburb 3.13%
Suburb median $1,194,652 from 24 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 $718/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
UnknownArea
Boolaroo at a glance
2,075
People
$1,194,652
Median sale
$718/wk
Median rent
3.13%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Century 21 NovocastrianPresenting a rare investment opportunity at 4 Lakeview Street, Boolaroo. This dual key property offers excellent returns with two homes on a single title. Located in the heart of Boolaroo, just a stone's throw from Lake Macquarie, it offers a lifestyle of convenience and leisure. The property is ideally positioned close to the lake, with its walking tracks, boating facilities, and picnic spots providing a great outdoor lifestyle. Easy access to local shops, schools, and transport links makes this property attractive to a wide range of tenants.
Front house:
* Three generous bedrooms
* Spacious central lounge room with reverse cycle AC and gas point
* Functional kitchen, separate laundry and toilet with rear access.
* Front sunroom, off the main bedroom could be converted to study area or 2nd bathroom and walk in robe.
* Freshly painted with new carpet, ready for immediate occupancy.
* Market rent $500.00/ week
Rear house:
* Built in 2018, designed with accessibility in mind, featuring level access throughout.
* Two spacious bedrooms with built-in wardrobes and extra-wide doorways.
* Open-plan living with a modern kitchen, dining and lounge area
* Accessible bathroom with a walk-in shower, ideal for people with mobility needs.
* Two split system air conditioners (living area and main bedroom)
* Double carport, low maintenance lifestyle
* Market rent $550.00/ week
Investment highlights:
* Median House Sale Price: $911,000, reflecting the area's desirability.
* Median Rent Value: $640.00, offering attractive rental opportunities for investors.
* Strong Growth: Over the last 12 months, Boolaroo has experienced a remarkable growth rate of 12.6%, demonstrating its resilience and potential for investment returns.
* Long-Term Growth: Over the last 5 years, Boolaroo has seen substantial growth, with an impressive increase of 85.3%, indicating its long-term viability as a property investment
destination.
* Market Activity: Homes in Boolaroo are in high demand, spending an average of 43 days on the market, a testament to the area's appeal and strong market activity.
This is a fantastic opportunity for investors seeking strong returns in the sought-after Lake Macquarie area, known for its lakeside living and growing infrastructure. With plenty of potential for easy value-adding opportunities (subject to council approval), the property offers scope for further enhancement. This is an investment with solid returns now and even greater potential for future growth.
Zoning: R2 Low Density Residential
Land Area: 809sqm approx
Council: Lake Macquarie
Land Rates: $1966pa approx
Water Rates: $826pa approx
IMPORTANT INFORMATION ABOUT AUCTIONS –
We welcome you to bid on-site or on-line.
All registrations need to be completed prior to the auction and require approval. Please allow sufficient time for the registration process.
Register via this link.. https://buy.realtair.com/properties/144950.
Call 02 4943 6333 if you require assistance.
We have obtained all information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. Photos maybe digitally edited and include virtual furniture.
Listing description written by Casey Healey, Century 21 Novocastrian — reproduced as published, not verified by Districts.
NSW 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.