Karuah at a glance
2,583
People
$705,000
Median sale
$525/wk
Median rent
3.87%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
$610,000
Last sold
14 Jan 2021
3
Bedrooms
2
Bathrooms
10
Car spaces
855 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
$610,000
14 Jan 2021 · derived via latest_sale
Karuah at a glance
2,583
People
$705,000
Median sale
$525/wk
Median rent
3.87%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Vs Karuah
-13.5%
Median sale
Suburb $705,000
+0.61 pp
Gross yield
Suburb 3.87%
Suburb median $705,000 from 17 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 $525/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
Karuah at a glance
2,583
People
$705,000
Median sale
$525/wk
Median rent
3.87%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Century 21 Coastal PropertiesWonderful chance to buy arguably the best profile position in Karuah, corner lot on the main thoroughfare within the shopping strip, and opposite both the RSL Club , school, metres to the Karuah River & Jetty.
'Munchies' cafe & takeaway offers a working commercial kitchen, counter as well as a large separate eat-in dining space complete with slow combustion fireplace & ceiling fans. There is also an outdoor dining area. A generous sized office completes this part of the offering. The dine-in area can be easily expanded top accommodate further diners & coffee drinkers. Storage at the rear, loading dock, cool room and a bathroom (with baby change facilities). The shop is fully fire rated, wheelchair friendly and up to code. Parking is available both at the front and rear, as well as plenty of street parking.
Currently the cafe offers breakfast and lunch providing a very comfortable living for the current owners - however, there is also potential to incorporate dinner or "Pizza Nights", in other words huge potential to build this business to another level. If you were looking to expand - potential exists to create synergies with the local motels, golf clubs, schools, retirement villages, social clubs, community groups and more.
Upstairs is the residence. This comprises a generous 3 bedroom living space, with recently renovated kitchen, a separate dining room & spacious lounge room boasting polished timber floors. Step out to the east facing balcony offering great views of Port Stephens as well as the Karuah River to the North & the East. There is a large and contemporary bathroom, rain shower-head & "metal chequered mate" & tiled walls; and temperature can be regulated via the split system air conditioner as well as ceiling fans. There are timber look venetians and an elegant ceiling rose in the master. Two of the three bedrooms also offer water views.
The residence also offers a separate laundry with access to a garden courtyard and parking.
This is a unique offering - Freehold residence - 3 bedrooms, bathroom, and a coffee shop/ restaurant, office space; all set on approx 855 sqm of land. Enjoy your own business and live in residence or rent out the upstairs. Buy the freehold and convert to another type of business, residence, office space (STCA). The current owners are flexible and are happy to provide assistance to the new owners.
The high visibility presence means this is one of the most recognisable buildings and businesses in the town. This is priced to sell - so call us today for more details, information and figures. All enquiries will be treated with the strictest of confidence.
Listing description written by Ivy Stevenson, Century 21 Coastal Properties — reproduced as published, not verified by Districts.