Caves Beach at a glance
3,906
People
$1,580,000
Median sale
$766/wk
Median rent
2.52%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
NSW › Caves Beach › Ocean View Pde
$1,205,000
Last sold
22 May 2023
4
Bedrooms
3
Bathrooms
2
Car spaces
771 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
$1,205,000
22 May 2023 · derived via latest_sale
Local land rate: recorded House sales in Caves Beach (last 5 years) with land size have a median of $2,226/m² of land (n=109). Districts calculation from recorded sales — not a valuation.
Caves Beach at a glance
3,906
People
$1,580,000
Median sale
$766/wk
Median rent
2.52%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
Vs Caves Beach
-23.7%
Median sale
Suburb $1,580,000
+0.79 pp
Gross yield
Suburb 2.52%
Suburb median $1,580,000 from 31 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 $766/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
Caves Beach at a glance
3,906
People
$1,580,000
Median sale
$766/wk
Median rent
2.52%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by SOLD Real EstateJust 7 houses between you and the ocean and stunning headland vistas, with Caves Beach and Spoon Rocks Beach, both easy strolling distance from home.
Well known local family have helped Mum and Dad stay on in their beloved family home for as long as possible, year after year they've considered a downsize move, but they've never quite been able to tear themselves away.
Home for as long as everyone can remember, it's a place with so many happy memories and many stories to tell.
When a home has never been sold before and the owners probably should have moved years ago, you know it's something special and it's somewhere special too!
Parents and kids alike, loved the everyday, easy run down to the beach and the walk through the Caves and rock pools.
Gorgeous coastal walks to puppy friendly Spoon Rocks, all the way through to Catherine Hill Bay made for fun adventures on weekends.
Oh so close to the ocean, you can see the sea, as you head into your driveway and pick up your mail.
With lots of potential to exploit the views, going up or back would see them explode, with Spoon Rocks break wall and crashing waves a guaranteed vista if you chose to go up.
Until then come and discover comfortable one level living with a sizeable blank canvas backyard.
Set on a ripper, nearly 775m2 block, land like this, this close to the beach is rare.
Finding a one level home in Caves is also not that easy, especially close to the beach.
Boasting old school, polished timber floorboards throughout, the open living is light filled and features a combustion fire, split system air conditioning and ceiling fan, with an easy free flowing feel, rolling off the upgraded open style kitchen.
Rear second living was added later on and it offers terrific extra space and covered outdoor entertaining, perfect for when the family show up at Christmas, with another split system air conditioner and ceiling fan, keeping things comfortable when the usual cool North Easterly summer sea breeze decides to go on strike.
A separate bedrooms and bathrooms wing, set away from the living areas promises spacious bedrooms, most with built in robes and ceiling fans, all designed around the original bathroom.
There's also a very handy second shower and toilet in the street level upper living, perfect for when you're hosting a crowd or coming back from the beach.
Head downstairs and discover an unexpected extra bedroom and bathroom, perfect for that kid who just refuses to leave home!
Lots of off street parking and genuine double garaging comfortably accommodates all your cars, with a lovely big backyard, just waiting to be filled with kids or grandkids and puppies too.
- Just 7 houses between you & the sea, enjoy headland walks to the beach
- Easy strolling distance from home to the cave, rock pools & patrolled surf
- Also a stroll to kids & dogs friendly Spoon Rocks, calm & sheltered beach
- If you're after more adventure/exercise head off to Pinney Beach or Catho
- Hike, mountain bike, surf, dive or ski your way around magic national park
- Enjoying a quieter spot away from crowds you're still so close to the action
- Love the street level, single level, yet elevated nature of most of this home
- Appreciate everything you need day to day being on the main level up top
- Delight in 2 separate, light filled, living areas, located out the front & back
- Enjoy the upgraded kitchen sensibly set between the separate living areas
- Enjoy the elevated & leafy kitchen outlook to your back deck & backyard
- Love the privacy, the elevation makes you feel a world away from others
- Expect split system air conditioning & ceiling fans in both the living areas
- With a feature fire for cosy winter nights starring in the main open living
- Lovely plantation shutters dress all the street facing bedrooms & living
- Polished timber floorboards star throughout the entirety of the old home
- The separate bedrooms & bathroom wing boast built in storage & space
- A second shower & toilet come in handy when you're hosting a gathering
- Perfect for washing off after the beach, no one has to drag sand through
- Beyond the 2 living areas, the covered back deck is a great place to relax
- Head down from the deck & discover a handy extra sleep out downstairs
- Complete with its own shower & toilet, it's great for overflow family/guests
- There's also secure under house storage, or perfect wine cellar location
- Big double garaging & lots of off street parking on the driveway is a bonus
- A big blank canvas backyard lets you do nothing or go crazy landscaping
- An honest, well built house, it's very square & perfect as is or ripe to Reno
- The location and setting are sublime & the big almost 775m2 block is rare
Having just sold 39 Ocean View Parade, just across the road, which really only offered 2 bedrooms up top and a make shift bedroom below, with no bathroom downstairs, and with views that are about to be wiped out by a new build in front, here what you see is what you get.
The neighbours are established so you know what you're working with and working around.
While a little old school, the home's feel is light and fresh and the potential is obvious.
Really comfortable as is, the sky is the limit when it comes to what you can do here, check out next door, it's gargantuan and has gone to town chasing views and space.
Lovable just as she is, do as much or as little as you like, because living here by the sea is what you're really going to love about this property.
What you choose to live in is entirely up to you, but you're off to a good start, no matter what your plans, be they simple or extravagant, as this is a solid old girl that is worthy of renovating, and very capable of handling an extension up or out too!
Your new sea change adventure awaits you, so what are you waiting for.
Listing description written by Shanti Page, SOLD Real Estate — reproduced as published, not verified by Districts.