Cooranbong at a glance
9,207
People
$1,016,000
Median sale
$600/wk
Median rent
3.07%
Suburb gross yield
Median sale from 73 recorded sales (last 12 months) — a Districts calculation.
NSW › Cooranbong › Piper Ave
4
Bedrooms
3
Bathrooms
2
Car spaces
450 m²
Land
450 m²
Building
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 Cooranbong (last 5 years) with land size have a median of $1,558/m² of land (n=132). Districts calculation from recorded sales — not a valuation.
Cooranbong at a glance
9,207
People
$1,016,000
Median sale
$600/wk
Median rent
3.07%
Suburb gross yield
Median sale from 73 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 $600/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
Cooranbong at a glance
9,207
People
$1,016,000
Median sale
$600/wk
Median rent
3.07%
Suburb gross yield
Median sale from 73 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Elle Jayne Realty** Strictly by private appointment only - Viewings available upon demand – Contact Ben Wrigley 0409 652 160 (text/call) to book your time.
Located in the sought-after Watagan Park Estate in the thriving suburb of Cooranbong, this modern dual occupancy property offers a modern investment with outstanding yield.
Ranked #4 in Newcastle/Lake Macquarie for capital growth over the past five years with 84.5% (source: Newcastle Herald – June 2024), Cooranbong is proven as a blue-chip suburb for investment with the outstanding yield of the property offering a quality rental income.
Currently being utilised as a display home by Mojo Homes (popular ‘Harmony 29’ floorplan) with an outstanding approximate weekly return of $1,480/week, you have the confidence of a very solid tenant with immaculate presentation.
Savvy investors will quickly identify the immediate potential of this home, and with vacancy rates at all time lows, high quality tenants will be lining up to secure this modern home. Growing families will also see appeal with the potential to house extended family or make the most of an additional income.
Features include, but are not limited to:
Three bedroom, two-bathroom home (Rental appraisal $650-$670/week)
• Three modern bedrooms, all appointed with mirrored built-in robes, ducted air-conditioning, blinds and modern appeal. Master bedroom featuring walk-in robe and luxury ensuite with double vanity, separate toilet and amazing display home finishes.
• Modern kitchen with stone benchtops and breakfast bar, gas cooktop for quality cooking options, large walk-in pantry, plenty of bench space and quality stainless-steel rangehood and integrated appliances, appealing tiled splashback and soft-close cabinetry.
• Brilliant bathroom featuring plantation shutters, shower, free-standing bath, separate toilet and modern appeal.
• Multiple living options with large rumpus, cosy loungeroom and large open plan living and dining area, perfect for the modern family and leading seamlessly onto the alfresco area.
• Concreted and fully covered alfresco area with additional in-built BBQ area, perfect for social gatherings designed to impress.
• Low-maintenance and landscaped yard with native plans, artificial turf. Perfect for professionals and those who enjoy a relaxed, yet stylish lifestyle.
• Additional powder room, generous inclusions to be negotiated.
Attached granny flat (Rental appraisal $420-$440/week)
• High-end granny flat with modern finishes
• Large bedroom, appointed with mirrored built-in robes, air-conditioning and outstanding appeal.
• Modern kitchen with stone benchtops, gas cooktop, plenty of bench space and stainless-steel appliances.
• Open plan living and dining area, providing for a low-maintenance lifestyle
• Generous inclusions to be negotiated.
Additional features: True Core steel-frame, 2023-build in great condition, outstanding and well-above market rental yield, only eight minutes from M1 Motorway, potential for generous inclusions with the property
The convenience of being close to local shops, schools (public and private), Avondale University and the M1 Motorway make it appealing to all buyers seeking a central location between Sydney and Newcastle.
Quality dual-occupancy properties are extremely sought-after and do not last long so get in quick and take advantage of this opportunity.
Current Rental Return: Approximately $1,480/week
DISCLAIMER
Ellejayne Realty have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Listing description written by Ben Wrigley, Elle Jayne Realty — reproduced as published, not verified by Districts.