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NSW › Woolgoolga › Hearnes Lake Rd

55/5th Avenue Hearnes Lake Rd, Woolgoolga NSW 2456

For saleRetirement

$550,000

For sale

Asking

2

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $550,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $550,000(Listing record · 12 June 2025)
  • CalculationAsk is 46% below the Woolgoolga median recorded sale ($1,020,000, n=24, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Woolgoolga's advertised median rent ($606/wk), implied gross yield would be 5.73% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$550,000

Asking

No recorded sale for this property.

Woolgoolga at a glance

6,809

People

$1,020,000

Median sale

$606/wk

Median rent

3.09%

Suburb gross yield

Median sale from 24 recorded sales (last 12 months) — a Districts calculation.

See the full Woolgoolga report →

Vs Woolgoolga

-46.1%

Median sale

Suburb $1,020,000

+2.64 pp

Gross yield

Suburb 3.09%

Suburb median $1,020,000 from 24 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$550,000
Stamp Duty (New South Wales)
$19,162
Transfer/Registration Fee
$167
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$573,029

$23,029 on top of the price (4.2% extra)

  • Stamp Duty (New South Wales)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Woolgoolga's advertised median rent — not a rent for this listing.

Net yield
4.23%
Annual cashflow (pre-tax)
$-5,338
Interest cover (DSCR)
0.81
Annual rent
$31,512
Operating expenses
$8,250
Loan amount
$440,000
Annual interest
$28,600
Gross yield
5.73%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$550,000available12 June 2025

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 $606/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

Gross yield if leased at the suburb aggregate is 5.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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.

Area

Woolgoolga in one glance

Woolgoolga at a glance

6,809

People

$1,020,000

Median sale

$606/wk

Median rent

3.09%

Suburb gross yield

Median sale from 24 recorded sales (last 12 months) — a Districts calculation.

See the full Woolgoolga report →

Keep researching

  • Why Woolgoolga? Read the area thesis →
  • What else is on the market in Woolgoolga →
  • Other records on Hearnes Lake Rd →

Listing material

Listed by Cardow & Partners Woolgoolga

Lifestyle living at Hearns Lake over 50s

Situated in a coastal bushland setting alongside Hearns Lake near Back Beach, just five minutes' drive from the heart of Woolgoolga, this beautifully presented over 50s lifestyle home offers the perfect blend of modern comfort and community living. Located in The Pines-a highly sought-after over 50s community within walking distance to the beach-this home is ideal for those seeking a relaxed and social lifestyle close to sea. It features two spacious bedrooms, both with built-in robes, and a sleek, modern bathroom. The open-plan layout, with its clean, contemporary aesthetic maximises living space. Air conditioning ensures year-round comfort. Plantation shutters are installed throughout, for added privacy when needed and low maintenance. Enclosed front and side verandahs provide another living space and a charming fenced side garden with two as new storage sheds provides a year-round outdoor area. This home also has double street access with a fully enclosed carport at the rear.

This property is more than just a home-it's a gateway to a vibrant lifestyle. Residents enjoy access to fantastic, shared amenities, including a sparkling swimming pool and a well-maintained tennis court, ideal for staying active and connecting with friendly neighborsd3e. Multiple outdoor entertaining areas, including barbecue settings nestled among landscaped gardens, offer the perfect spaces to relax or gather with friends on a sunny afternoon. Residents also have access to a boat or caravan storage area.

Located just minutes from Woolgoolga's charming cafes, boutique shops, and stunning beaches, and only a 30-minute drive to Coffs Harbour, this home is ideally situated for convenience and leisure. And with the beach just a short stroll away, daily walks along the sand or a refreshing swim can easily become part of your everyday routine. Whether you're sipping coffee by the ocean, enjoying a quiet moment in nature, or joining a friendly tennis match with locals, life here is all about ease, connection, and enjoyment. This is coastal living at its best-peaceful, stylish, and full of opportunity.

Read the full description

Enjoy the benefits of land lease communities, with No Stamp Duty, No Council rates and no exit fees, plus you get 100% of your capital gain if you decide to sell.

Don't miss your chance to become part of this welcoming and thriving over 50s community. Contact us today to arrange your private viewing.

Listing description written by Fay Smith, Cardow & Partners Woolgoolga — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher

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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.