Redhead at a glance
3,947
People
$2,000,000
Median sale
$727/wk
Median rent
1.89%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
NSW › Redhead › Elandale Pl
$2,400,000
Last sold
20 June 2024
5
Bedrooms
3
Bathrooms
4
Car spaces
812 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
$2,400,000
20 June 2024 · derived via latest_sale
Local land rate: recorded House sales in Redhead (last 5 years) with land size have a median of $3,444/m² of land (n=26). Districts calculation from recorded sales — not a valuation.
Redhead at a glance
3,947
People
$2,000,000
Median sale
$727/wk
Median rent
1.89%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Vs Redhead
+20.0%
Median sale
Suburb $2,000,000
-0.31 pp
Gross yield
Suburb 1.89%
Suburb median $2,000,000 from 5 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 $727/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
Redhead at a glance
3,947
People
$2,000,000
Median sale
$727/wk
Median rent
1.89%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Century 21 NovocastrianBe Wowed, from the moment you arrive at this magnificent home. Architecturally designed by Rod Seymour of Seymour Architects who are one of the best, multi-award-winning Architects based in the Newcastle region. The street presence of this home is impressive to say the least! As you would expect from such an iconic style residence, the home is more than just a striking façade though.
Upon entry, the home delivers an abundance of off-street and garaging potential. With the unique potential of being able to house internally, an entire caravan in addition to a further 3 possible vehicles if necessary. In addition to this there is a fully equipped gymnasium, workshop plus an endless amount of interior storage that seem to stretch for ever. This component of the home is definitely without peer.
Located at the entrance to the home is an ideal guest quarters/5th bedroom with its own independent bathroom suite. Other than this space, the home is designed on the upper level to be fully functioning as a single living abode. All five bedrooms are excessive in size with the master possessing a his and hers walk in robe plus generous ensuite. The second bedroom consists of its own Juliet entertaining balcony which ensures the kids will be placing dibs on this one, for sure.
The expansive games room comprises of your own pool table and bar area that will encourage you to stay home and enjoy your own facilities rather than having to venture out for lesser grade options. Centralised kitchen is only one of the focal points of the home, with sizeable stone island bench, plethora of storage and stainless appliances. Adjoining this space is a generously proportioned dining zone which is adjacent the main living area. This space possesses fully frameless glass windows that captures some of the best uninhibited coastline views, the suburb has to offer.
Added internal features of the home include, Masport combustion fireplace, two separate ducted air-con units, ducted vacuuming system, security system, solar and the list just goes on and on.
The rear of the home delivers an entertainer's paradise, with inground pool and attached spa, tiled alfresco plus private reserve literally at your back fence. Popular Fernleigh Track is situated just seconds away.
In case I have not emphasized it enough, THE OCEAN VIEWS ARE AMAZING!!!
If you are searching for your DREAM HOME then stop looking, the hunt is over!
Zoning: R2 Low Density Residential
Land Area: 812sqm approx
Council: Lake Macquarie
Land Rates: $3304pa approx
Water Rates: $813pa approx
We have obtained all information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. Photos maybe digitally edited and include virtual furniture.
Listing description written by Robert Russell, Century 21 Novocastrian — reproduced as published, not verified by Districts.