Lake Heights at a glance
4,007
People
$920,500
Median sale
$725/wk
Median rent
4.10%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
NSW › Lake Heights › Weringa Ave
$818,000
Last sold
5 July 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
563 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
$818,000
5 July 2024 · derived via latest_sale
Local land rate: recorded House sales in Lake Heights (last 5 years) with land size have a median of $1,408/m² of land (n=108). Districts calculation from recorded sales — not a valuation.
Lake Heights at a glance
4,007
People
$920,500
Median sale
$725/wk
Median rent
4.10%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
Vs Lake Heights
-11.1%
Median sale
Suburb $920,500
+0.51 pp
Gross yield
Suburb 4.10%
Suburb median $920,500 from 48 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 $725/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
Lake Heights at a glance
4,007
People
$920,500
Median sale
$725/wk
Median rent
4.10%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by A-List Property GroupLocation, Views & Opportunity
Proudly presenting this freshly updated, three-bedroom brick home in the highly sought after suburb of Lake Heights with stunning escarpment and lake views. This property is perfect for first home buyers, growing families or savvy investors, making it appealing to those seeking additional space with endless possibilities.
The property offers three generous sized bedrooms with brand new carpet, roller blinds, light fittings and freshly painted throughout. It offers a separate living and dining area, original bathroom and kitchen, both in a well maintained condition with dishwasher and electric cooking, reverse cycle air conditioning, enclosed sunroom and balcony areas with a low maintenance backyard, whilst the double car garage offers its own private entrance with access to workshop, spacious rumpus/teenage retreat plus office space with ample storage.
Located only metres to the local shops and a short walk to schools, public transport, Lake Illawarra foreshore and a short drive to Warrawong Plaza, Port Kembla Beach, cafes, restaurants and approximately a 10-minute drive to Wollongong CBD, University and Hospitals plus easy access to the freeway.
The property sits on a 563m2 block with an 18.5m frontage.
Features:
- Three generous sized bedrooms
- Freshly updated throughout with paint, carpet, window covering and light fittings
- Kitchen with dishwasher and electric cooking
- Separate living & dining areas with reverse cycle air conditioning
- Well maintained bathroom with shower
- Enclosed sunroom and balcony area plus internal laundry
- Single garage access that can accommodate parking for two plus additional off-street parking
- Workshop, spacious rumpus/teenage retreat plus office space.
- Low maintenance backyard and shed
- Stunning lake and escarpment views
- Ideal for the growing family, first home buyer or savvy investor
- Block size 563m2 with 18.5m frontage
Rental Appraisal $650 per week (approx)
Outgoings:
Council Rates $460 per quarter (approx)
Water Rates $172 per quarter (approx)
*** Sold by Anthony Sorace - 0413 690 459 - A-List Property Group***
Disclaimer:
Whilst A-List Property Group has made every effort to ensure the information supplied to you in our marketing material is correct, we cannot guarantee the accuracy of the information provided by our Vendors, and as such, A-List Property Group makes no statement, representation, or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps and images are representative only, for marketing purposes.
Listing description written by Anthony Sorace, A-List Property Group — reproduced as published, not verified by Districts.