Chinderah at a glance
1,715
People
$1,330,000
Median sale
$449/wk
Median rent
1.76%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
NSW › Chinderah › Wommin Bay Rd
$635,000
Last sold
12 Dec 2018
3
Bedrooms
2
Bathrooms
2
Car spaces
630 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
$635,000
12 Dec 2018 · derived via latest_sale
Local land rate: recorded House sales in Chinderah (last 5 years) with land size have a median of $1,447/m² of land (n=21). Districts calculation from recorded sales — not a valuation.
Chinderah at a glance
1,715
People
$1,330,000
Median sale
$449/wk
Median rent
1.76%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Vs Chinderah
-52.3%
Median sale
Suburb $1,330,000
+1.92 pp
Gross yield
Suburb 1.76%
Suburb median $1,330,000 from 7 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 $449/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
Chinderah at a glance
1,715
People
$1,330,000
Median sale
$449/wk
Median rent
1.76%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Kingscliff Sales and RentalsGreat opportunity to enter the Tweed property market with this solid three bedroom house close to the beach and boasting a huge garage with single drive though access to the back yard & ample storage down stairs completed with a shower and toilet for multi functional use.
Upstairs sees the kitchen living and bedrooms and features hardwood polished floors throughout with two split system air conditioners, Verandas front and back overlooking the good size level fenced backyard.
Functional updated kitchen with island bench, corner pantry with room for a dishwasher and down the hall there is a bathroom (with bath), built in robes with shelves and hanging (all bedrooms) and in the main bedroom has the second split system air conditioner.
Downstairs is a large "blank canvas" the options are vast - workshop and bedroom, rumpus and bedroom also downstairs is the laundry and a second bathroom with shower and toilet.
As a bonus there is a large double garage via two single doors (one auto door) with drive through access to backyard for boat or trailer.
New colour bond fences recently erected, low care well presented gardens. Land size is a level 630m2.
Positioned perfectly; just 400m walk to Tweed River, 450m walk to Licensed Club and Bowling greens, 700m walk to beach, vet next door and child care centre 180m walk. Also regular bus service past your door!
Please note property is currently tenanted with great long term tenants in place paying $480 per week. Internal property photos taken prior to commencement of tenancy, The tenants maintain and present/ compliment the home and would be happy to stay on for the investor however their lease is on a continuation basis so vacant possession is no problems.
Whilst the information contained in this report is believed to be accurate and reliable, Kingscliff Sales and Rentals does not guarantee or warrant the accuracy, reliability, completeness, currency or usefulness of the information and is not responsible for or liable in respect of any loss, damage, cost or expense suffered as a result of reliance on that information.
Listing description written by Julian Cleak, Kingscliff Sales and Rentals — reproduced as published, not verified by Districts.