Argenton at a glance
1,525
People
$872,000
Median sale
$350/wk
Median rent
2.09%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
$712,000
Last sold
12 Mar 2025
2
Bedrooms
1
Bathrooms
1
Car spaces
757 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
$712,000
12 Mar 2025 · derived via latest_sale
Local land rate: recorded House sales in Argenton (last 5 years) with land size have a median of $1,252/m² of land (n=33). Districts calculation from recorded sales — not a valuation.
Argenton at a glance
1,525
People
$872,000
Median sale
$350/wk
Median rent
2.09%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Vs Argenton
-18.3%
Median sale
Suburb $872,000
+0.47 pp
Gross yield
Suburb 2.09%
Suburb median $872,000 from 13 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 $350/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
Argenton at a glance
1,525
People
$872,000
Median sale
$350/wk
Median rent
2.09%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate Lake MacquarieIf you've been waiting for the perfect project, this run-down gem might just be the one. Set on a generous block in a highly sought after central location, this 2-bedroom, 1-bathroom home is bursting with possibilities for those ready to roll up their sleeves and get to work. Whether you're an experienced renovator or someone looking for a rewarding transformation project, this home offers the ideal blank canvas to create something truly special, like put the shed of your dreams in the backyard or build a granny flat & return an income on one or both properties.
Alternatively this is also ideal for the astute developer, knock down the home & build multiple dwellings as you can't go wrong with this location, the possibilities here are endless.
The floor plan includes two well-sized bedrooms, a central bathroom, and an open-plan living and dining space that benefits from good natural light throughout the day. The original kitchen is functional but calls for a full update to bring it up to modern standards. With solid bones and plenty of character, this house has the potential to be revived into a charming home that blends old-world charm with contemporary style.
At the side of the home is an oversized single garage or workshop space offers an array of possibilities. Whether you need extra storage, a place to tinker on weekend projects, or a dedicated workspace, this versatile space is a valuable addition. The backyard is spacious and offers plenty of room to build the big shed of your dreams or granny flat. Just add your own touches & transform this 2-bedroom rough diamond into a gem.
Don't let the address fool you, this residence is situated on a side access road off Lake Road close to local schools, parks, Glendale shopping centre, public transport, Bunnings, Costco, Glorious Lake Macquarie, Waratah Golf Course the convenience of this location adds even more appeal to the property. With some creative vision, hard work, and determination, this is the rare opportunity that rarely comes onto the market at an affordable price.
Land Size Approx. 757m2 with 18.2m Frontage & 41m Depth
Land Rates Approx. $535 Per Quarter
Water Rates Approx. $259.46 Per Quarter
Currently returning Approx. $320 Per Week on an expired lease.
Opportunities like this are becoming harder to find. Bring your ideas and tools, and unlock the full potential of this unique offering.
For further information contact the local area's first choice for real estate Troy Duncan on 4950 8555
First National Real Estate Lake Macquarie are your local experts for the Lake Macquarie and Newcastle area, we proudly market this home and are always looking for more homes to sell. If you would like honest, expert advice and achieve excellent results, call us on 4950 8555 to discuss your home.
Disclaimer: All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing.
Listing description written by Troy Duncan, First National Real Estate Lake Macquarie — reproduced as published, not verified by Districts.