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NSW › Shoal Bay › Horace St

5 Horace St, Shoal Bay NSW 2315

House

$1,400,000

Last sold

8 Nov 2024

3

Bedrooms

2

Bathrooms

2

Car spaces

512 m²

Land

230 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 $1,400,000 (8 Nov 2024).(Recorded sale)
  • CalculationRecorded House sales in Shoal Bay (last 5 years) with land size: median $2,240/m² of land (n=51). 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

$1,400,000

8 Nov 2024 · derived via latest_sale

Local land rate: recorded House sales in Shoal Bay (last 5 years) with land size have a median of $2,240/m² of land (n=51). Districts calculation from recorded sales — not a valuation.

Shoal Bay at a glance

1,829

People

$1,270,000

Median sale

$563/wk

Median rent

2.31%

Suburb gross yield

Median sale from 26 recorded sales (last 12 months) — a Districts calculation.

See the full Shoal Bay report →

Vs Shoal Bay

+10.2%

Median sale

Suburb $1,270,000

-0.22 pp

Gross yield

Suburb 2.31%

Suburb median $1,270,000 from 26 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$1,400,0008 Nov 2024
  2. Listedprice unknowncompleted27 Oct 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 $563/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.

Nearby

Nearby properties

  • 86 Horace St, Shoal Bay NSW 2315
  • 105 Horace St, Shoal Bay NSW 2315
  • 100 Horace St, Shoal Bay NSW 2315
  • 93 Horace St, Shoal Bay NSW 2315

Area

Shoal Bay in one glance

Shoal Bay at a glance

1,829

People

$1,270,000

Median sale

$563/wk

Median rent

2.31%

Suburb gross yield

Median sale from 26 recorded sales (last 12 months) — a Districts calculation.

See the full Shoal Bay report →

Keep researching

  • Why Shoal Bay? Read the area thesis →
  • What else is on the market in Shoal Bay →
  • Other records on Horace St →

Listing material

Listed by Century 21 Paradise Waters

Stunning 3-Bedroom Home in Shoal Bay – Prime Investment Opportunity

This beautifully maintained 3-bedroom home, just three streets from Shoal Bay Beach, is perfect for investors or homeowners who love entertaining. At its heart is a stylish kitchen with a large island, built-in dishwasher, 6-burner gas cooktop, and a wine rack with space for a double-door fridge. The open-plan living and dining areas flow through large glass doors to an outdoor entertaining space, while a split system air conditioner ensures year-round comfort.

All three spacious bedrooms feature dark grey carpets and ceiling fans. The master includes a built-in robe and ensuite with double shower heads, and the second bathroom has a bath, shower, and toilet.

Modern security features include Samsung smart home locks, and the low-maintenance yard is perfect for relaxing or hosting barbecues. Located within walking distance of Shoal Bay Beach and Tomaree Mountain, this home offers a prime coastal lifestyle.

Read the full description

KEY FEATURES

- Open Plan kitchen, living and dining

- Modern kitchen with high-quality appliances

- Spit system AC in dining area

- The main bathroom includes a bath, shower, and toilet.

- Ensuite has double shower heads, toilet.

- All bedrooms are carpeted and feature ceiling fans. Bedrooms 2 and 3 come with built-in robes, while the main bedroom includes a walk-in robe.

- Engineered flooring with a UV coating

- Samsung smart home locks

- Undercover entertainment area

- Double cars lock up garage with electric doors

ADDITIONAL INFORMATION

- Land size 512 m²

- Water harvesting (tanks) directs water to various areas of the home, including the laundry, toilets, and the front tap.

- Intercom can link up to the doors, panel is located inside.

- Solar hot water system on the roof.

PRIME LOCATION

- Tomaree Mountain, Shoal Bay 1.4 km

- Shoal Bay tennis courts 120 m

- Shoal Bay Beach distance 400 m

- Shoal Bay Country Club distance 500 m

- Shoal Bay Public School distance 0.56km

*Please note photos are virtually staged *

With a tenant in place until May 2025, it's a fantastic investment opportunity with immediate rental income and long-term potential.

This home is perfect for investors or homeowners who love entertaining. with a prime location and just minutes from the beach and local amenities. Contact us today to arrange a viewing 02 4984 4700.

Listing description written by Michael Kirby, Century 21 Paradise Waters — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
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.