Empire Bay at a glance
2,375
People
$1,300,000
Median sale
$615/wk
Median rent
2.46%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
NSW › Empire Bay › Rickard Rd
For sale
For sale
3
Bedrooms
2
Bathrooms
2
Car spaces
487.8 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
Asking
No recorded sale price for this property yet.
Empire Bay at a glance
2,375
People
$1,300,000
Median sale
$615/wk
Median rent
2.46%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
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 $615/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
Empire Bay at a glance
2,375
People
$1,300,000
Median sale
$615/wk
Median rent
2.46%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Bensville/Empire BayIdeally positioned in the sought-after coastal community of Empire Bay, this spacious and versatile residence offers a relaxed lifestyle just moments from local shops, the primary school, the waterfront and the Empire Bay boat ramp. Showcasing generous proportions, multiple living zones and a flexible floorplan, the home delivers the perfect blend of comfort, convenience and easy family living.
The light-filled living and dining area features beautiful timber floorboards and flows effortlessly onto an expansive rear deck, where water glimpses and a generous entertaining space provide the ideal setting for family gatherings or relaxing with friends. The separate kitchen is well-appointed with a breakfast bar, ample storage and a convenient servery window, creating a practical connection while maintaining its own defined space.
Designed with flexibility in mind, the home offers three generous bedrooms with built-in wardrobes, a separate family room and a spacious downstairs retreat complete with its own bathroom and kitchenette. Perfect as a teenager's retreat, guest accommodation, home office or in-law accommodation, this versatile space opens to a covered entertaining area and private backyard.
Set on an E1 Local Centre zoned site, the property also presents exciting future possibilities. Investors and developers have the unique opportunity to purchase the adjoining property at 7 Sorrento Road, Empire Bay, creating a substantial combined holding with enhanced redevelopment potential (STCA). The larger landholding may suit a range of residential and commercial uses permitted within the E1 Local Centre zoning, including shop-top housing, medical or professional premises, retail and mixed-use development.
Whether you're searching for a spacious family home, a quality investment or a property with outstanding long-term potential, this is an opportunity not to be missed.
Features:
- Three generous bedrooms, all with built-in wardrobes
- Light-filled living and dining area with timber floorboards
- Separate kitchen with breakfast bar, ample storage and servery window
- Expansive rear entertaining deck with water glimpses
- Additional family living room offering flexible living options
- Functional three-way family bathroom
- Spacious downstairs retreat, ideal for guests, extended family or a home office
- Covered outdoor entertaining area overlooking the private backyard
- Double lock-up garage with additional storage
- Moments to Empire Bay shops, waterfront, ferry and boat ramp
- E1 Local Centre zoning offering future development potential (STCA)
- Rare opportunity to purchase the adjoining property at 7 Sorrento Road, creating a larger combined holding with significant redevelopment potential (STCA).
APPROXIMATE KEY DETAILS:
Land Size: 487 sqm
Council Rates: $2,053.48 p/a
Water Rates: $1,017.37 p/a
Rental Estimate: $800 - $850 p/w
DISCLAIMER: This advertisement contains information provided by third parties. While all care is taken to ensure otherwise, Ray White Bensville/Empire Bay does not represent the accuracy of the information contained in the advertisement, does not accept any responsibility or liability, and recommends that any client make their own investigations and enquiries. All images are indicative of the property only.
Listing description written by Matthew Kidd, Ray White Bensville/Empire Bay — reproduced as published, not verified by Districts.