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NSW › Swansea › Channel St

5 Channel St, Swansea NSW 2281

House

$2,560,000

Last sold

29 Apr 2023

2

Bedrooms

1

Bathrooms

1

Car spaces

1,069 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $2,560,000 (29 Apr 2023).(Recorded sale)
  • FactLand 1,069 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Swansea (last 5 years) with land size: median $1,745/m² of land (n=128). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$2,560,000

29 Apr 2023 · derived via latest_sale

Local land rate: recorded House sales in Swansea (last 5 years) with land size have a median of $1,745/m² of land (n=128). Districts calculation from recorded sales — not a valuation.

Swansea at a glance

4,986

People

$1,165,400

Median sale

$602/wk

Median rent

2.69%

Suburb gross yield

Median sale from 44 recorded sales (last 12 months) — a Districts calculation.

See the full Swansea report →

Vs Swansea

+119.7%

Median sale

Suburb $1,165,400

-1.47 pp

Gross yield

Suburb 2.69%

Suburb median $1,165,400 from 44 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$2,560,00029 Apr 2023
  2. Listedprice unknowncompleted30 Mar 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 $602/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

Swansea in one glance

Swansea at a glance

4,986

People

$1,165,400

Median sale

$602/wk

Median rent

2.69%

Suburb gross yield

Median sale from 44 recorded sales (last 12 months) — a Districts calculation.

See the full Swansea report →

Keep researching

  • Why Swansea? Read the area thesis →
  • What else is on the market in Swansea →
  • Other records on Channel St →

Listing material

Listed by First National Real Estate Andrew McGrath

UNBEATABLE LOCATION - AUCTION THIS SATURDAY

Over the last 40+ years locals have walked past this original gem on their morning stroll and thought "if ever that house comes on to the market I will buy it!" We've all been waiting a long time for an opportunity like this.

Firstly, an unbeatable location, literally across the road from one of the rarest stretches of crystal clear aqua water you will ever see, at the entrance to picturesque Lake Macquarie - a water lovers dream. Walk into Swansea CBD and enjoy all the amenities you'll need in around 15min, or jump in the car and drive around 3km to pristine Blacksmiths Beach and 9 Mile Beach ... you can even take the 4WD on the sand! The lifestyle this home offers is just amazing! Close to schools, transport, great fishing, great surfing, swimming, scuba diving, jetski....sorry, got carried away...

Set on a near level block of 1069m2 with a 20m frontage and dual access! This home keeps all your options open.

Read the full description

For period renovators or someone with the skills, this is a dream come true! The original hardwood, two bedroom cottage is over 114 years old according to the family that are selling and has all the old world features including 11 foot timber lined ceilings, the original timber lined walls are still present (think of the stately "Queenslander" look), there's a double sided fireplace, the front and rear coloured transoms above the doors are still intact, and the floor boards are the big wide boards not found today - there is plenty to love about this home. Either way though, the house is absolutely solid and would be an ideal weekender until you're ready to bring your forever home to life.

This is likely the only original cottage left along the blue ribbon stretch, they've all made way for modern homes over the years and some are now asking over $4million, you can create your own for a lot less.

The block is Zoned R2 Low Density Residential - there is the potential to build the dream home or an attached dual occupancy Subject to Council approval.

The rear lane could see the astute purchaser build a large garage and possibly Granny Flat above to take advantage of the views - subject to Council approval.

The original home has views over the Channel from the living area, main bedroom and kitchen and the single garage!

Located in the water lovers paradise that is Swansea, you can walk across the road to catch your next meal or wander along the pathway into Swansea CBD for a bite to eat.

The 6 metre x 3 metre garage accessed from Channel Street was built in 2005 - perfect to house the boat or jet ski.

Dont let this slip away - pool all the family money and buy yourselves a sensational parcel of land in a dream location.

Auction on Site Saturday April 29th, 12pm.

Listing description written by Andrew McGrath, First National Real Estate Andrew McGrath — reproduced as published, not verified by Districts.

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.