Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

NSW › Bonnells Bay › Riesling Rd

49 Riesling Rd, Bonnells Bay NSW 2264

For saleHouse

$1,400,000–$1,450,000

For sale

Asking range

5

Bedrooms

3

Bathrooms

2

Car spaces

1,133 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,400,000–$1,450,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,400,000–$1,450,000(Listing record · 29 Apr 2026)
  • FactLand 1,133 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Bonnells Bay (last 5 years) with land size: median $1,402/m² of land (n=134). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 53% above the Bonnells Bay median recorded sale ($917,500, n=56, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Bonnells Bay's advertised median rent ($618/wk), implied gross yield would be 2.30% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

The ask against the evidence

Asking

$1,400,000–$1,450,000

Asking range · $1,236/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Bonnells Bay (last 5 years) with land size have a median of $1,402/m² of land (n=134). Districts calculation from recorded sales — not a valuation.

Bonnells Bay at a glance

4,291

People

$917,500

Median sale

$618/wk

Median rent

3.50%

Suburb gross yield

Median sale from 56 recorded sales (last 12 months) — a Districts calculation.

See the full Bonnells Bay report →

Vs Bonnells Bay

+52.6%

Median sale

Suburb $917,500

-1.20 pp

Gross yield

Suburb 3.50%

Suburb median $917,500 from 56 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,400,000
Stamp Duty (New South Wales)
$59,012
Transfer/Registration Fee
$167
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,462,879

$62,879 on top of the price (4.5% extra)

  • Stamp Duty (New South Wales)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Bonnells Bay's advertised median rent — not a rent for this listing.

Net yield
0.80%
Annual cashflow (pre-tax)
$-61,664
Interest cover (DSCR)
0.15
Annual rent
$32,136
Operating expenses
$21,000
Loan amount
$1,120,000
Annual interest
$72,800
Gross yield
2.30%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$1,400,000–$1,450,000available29 Apr 2026
  2. Soldprice unknown19 Jan 2024
  3. Listedprice unknowncompleted20 Nov 2023

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 $618/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

Gross yield if leased at the suburb aggregate is 2.3%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

Bonnells Bay in one glance

Bonnells Bay at a glance

4,291

People

$917,500

Median sale

$618/wk

Median rent

3.50%

Suburb gross yield

Median sale from 56 recorded sales (last 12 months) — a Districts calculation.

See the full Bonnells Bay report →

Keep researching

  • Why Bonnells Bay? Read the area thesis →
  • What else is on the market in Bonnells Bay →
  • Other records on Riesling Rd →

Listing material

Listed by Harcourts Newcastle

Renovated & Private, Backed by Bush with Side and Rear Access

Set on a substantial 1,133 square metre block with bush reserve on two sides, 49 Riesling Road is a large, premium, renovated family home that delivers on every front - from serious vehicle and storage credentials to a resort-style backyard and beautifully updated interior. New flooring and paint, 3 renovated bathrooms, kitchen and laundry, newly painted roof and driveway, added side access gate and more.

Inside, three generous living zones give the whole family room to breathe, with formal and casual dining areas complementing an updated modern kitchen fitted with gas cooking and a step-in pantry. Plantation shutters add quiet elegance throughout, ducted air conditioning and ceiling fans ensure year-round comfort, and rooftop solar keeps running costs in check. The main bedroom offers a private ensuite and walk-in robe, while a spacious teen or guest wing - with its own split-cycle air and bathroom - provides flexibility that grows with the household. Both bathrooms and the laundry have been newly remodelled.

Outside, the scale of the block comes into its own. A large entertaining area overlooks the bush reserve, the gravelled firepit zone with pavers and sandstone seating invites cooler-evening gatherings, and a private resort-style pool rounds out a backyard built for year-round enjoyment. Massive side access accommodates multiple vehicles, boats, or a caravan, with rear access adding further practicality.

Read the full description

Close to lake reserve, the Bonnells Bay Boat Ramp, Trinity Point, Cedar Mill, 8@Trinity, The Bay Shops, Morisset town centre, Watagans National Forest, and Awaba Mountain Bike Park. Excellent schooling options nearby, including Bonnells Bay Public, Morisset High, Brightwaters Christian, Heritage College, St John Vianney, Avondale School and Avondale University. Approximately 60 to 70 minutes to Sydney, 50 minutes to Newcastle, and 30 to 40 minutes to the Hunter Valley.

A home of this scale and quality, in a setting this special, rarely comes to market twice.

Features You'll Love:

- Massive side access for multiple vehicles, boat, caravan, etc.

- Rear access

- Backed by bush reserve on two sides

- Ducted air conditioning and ceiling fans

- Rooftop solar

- New flooring

- 3 Newly remodeled bathrooms

- Newly remodeled laundry

- Newly painted roof and driveway

- New side access gate

- Main bedroom features private ensuite and walk-in robe

- Modern kitchen with gas cooking and step-in pantry

- Expansive teen/guest retreat with split-cycle air and bathroom

- Plantation shutters

- 3 living zones with both formal and dining areas

- Large outdoor entertaining area overlooking bush reserve

- Graveled firepit zone with pavers and sandstone seating

- Private resort-style swimming pool

- Close to lake reserve, close to Bonnells Bay Boat Ramp, public jetty, Pendlebury Park, and playground

- Close to Trinity Point and the upcoming Cedar Mill Lake Macquarie entertainment precinct.

- Excellent dining nearby including the renowned 8@Trinity and more; close to walking tracks and transport.

- Close to Morisset town centre shopping, dining and transit links

- Close to The Bay Shops (grocery, takeaways, doctor, pharmacy, Bay Hotel, etc.)

- Close to Watagans National Forest and Awaba Mountain Bike Park

- Close to Bonnells Bay Public School, Brightwaters Christian School, Heritage College, Morisset High School and St John Vianney Primary as well as Avondale School and Avondale University

- 60-70 minutes to Sydney, 50 minutes to Newcastle CBD, and 30-40 minutes to the Hunter Valley

* This information, including but not limited to photographs (which may show boundaries), copywriting, floorplans, and site plans, has been prepared solely for the purpose of marketing this property. While all care has been taken to ensure accuracy, we do not accept any responsibility for errors, omissions, or inaccuracies. We strongly recommend that all interested parties make their own enquiries and seek independent advice, including speaking with their conveyancer regarding boundaries and, where appropriate, obtaining a surveyor's report, to verify the information provided.

Listing description written by Fleur Hagen, Harcourts Newcastle — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Pool
  • Solar Panels
Districts

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

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

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