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NSW › Terranora › Parkes Ln

49 Parkes Ln, Terranora NSW 2486

House

$1,610,000

Last sold

3 Dec 2024

4

Bedrooms

3

Bathrooms

4

Car spaces

2,034 m²

Land

178 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,610,000 (3 Dec 2024).(Recorded sale)
  • CalculationLand 2,034 m² against a 178 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Terranora (last 5 years) with land size: median $959/m² of land (n=127). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$1,610,000

3 Dec 2024 · derived via latest_sale

Local land rate: recorded House sales in Terranora (last 5 years) with land size have a median of $959/m² of land (n=127). Districts calculation from recorded sales — not a valuation.

Terranora at a glance

3,557

People

$1,547,500

Median sale

$1,054/wk

Median rent

3.54%

Suburb gross yield

Median sale from 34 recorded sales (last 12 months) — a Districts calculation.

See the full Terranora report →

Vs Terranora

+4.0%

Median sale

Suburb $1,547,500

-0.14 pp

Gross yield

Suburb 3.54%

Suburb median $1,547,500 from 34 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$1,610,0003 Dec 2024
  2. Listedprice unknowncompleted9 Nov 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $1,054/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

Terranora in one glance

Terranora at a glance

3,557

People

$1,547,500

Median sale

$1,054/wk

Median rent

3.54%

Suburb gross yield

Median sale from 34 recorded sales (last 12 months) — a Districts calculation.

See the full Terranora report →

Keep researching

  • Why Terranora? Read the area thesis →
  • What else is on the market in Terranora →
  • Other records on Parkes Ln →

Listing material

Listed by Tate Brownlee Real Estate

Sold By Tate Brownlee 0401 176 633

Discover this stunning renovated architectural home designed to impress with its elevated position, light filled living spaces and stunning outlook. Accessed from a private road, this secluded half-acre property combines the best of tropical coastal living with a contemporary feel. Welcome to 49 Parkes Lane.

With a perfect north east orientation and windows on every side coastal breezes are maximised throughout. The open and spacious floor plan of the single level main residence flows seamlessly from arrival and welcomes views in every direction. The stunning centrally located new entertainer's kitchen with Italian stone waterfall benchtops, stainless steel appliances and a separate generous pantry is the focal point of this home. Complimented by the large open plan living and dining area with soaring ceilings and stunning timber exposed beams this is contemporary living at its best. Surrounded by windows and a wraparound deck, there is no shortage of spots to relax and enjoy the views.

With three bedrooms in the main house and a separate self-contained retreat on the lower level, there is space for the whole family and room to add more should you require. The master bedroom with en-suite includes a generous walk in robe, and all bedrooms enjoy stunning garden views and are bathed in natural light. All bathrooms have been renovated with stunning handmade tiles and timber joinery. Fans throughout ensure breezes are maximised and air-conditioners are on hand in every room when needed so comfort is assured even on the most humid of days.

Read the full description

Embedded in nature with over 2000 sqm of stunning fertile gardens, an old school pool and a large separate lawn (900 sqm approx.) area with separate road access, this stunning site provides immense flexibility. Create a plentiful market garden, build a large workshop or perhaps it's time for tennis. A double garage offers ample storage, and two car spaces directly off the private road mean there is room for everyone to park.

Nestled in an exclusive and private location, 49 Parkes Lane sits just 10 minutes from shopping centres, beaches, private and public schools, golf clubs, and is under 15 minutes from the Gold Coast International Airport. This exceptional address in the Parkes Lane dress circle has been tightly held and is now ready to welcome a new chapter of cherished memories and luxurious living.

@ Tate Brownlee Real Estate, we open the doors to your future!

Key Features:

• Elevated north east orientation with stunning ocean and valley views

• Recently renovated with a designer's eye and a natural palette to create a contemporary home

• Large light filled living areas capturing the views

• Stunning open plan kitchen with Italian marble benchtops

• Four generous bedrooms, including a master suite with walk-in robe and ensuite

• Downstairs separate guest suite

• Embedded in nature on a 2000 sqm private block with tropical gardens

• Large separate garden area (900 sqm approx.) with vehicle access perfect for tennis court or workshop

• Large double garage and additional off street parking

• Centrally located to enjoy the best of the Tweed and the Gold Coasts

• 10 minutes from shopping centres, beaches, private and public schools and golf clubs

DISCLAIMER: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document.

Listing description written by Tate Brownlee, Tate Brownlee Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ensuites: 1
  • Floorboards
  • Living Areas: 1
  • Outdoor Entertaining
  • Pet-Friendly
  • Remote Garage
  • Secure Parking
  • Solar Hot Water
  • Toilets: 3
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.