Rankin Park at a glance
2,700
People
$1,060,000
Median sale
$709/wk
Median rent
3.48%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
NSW › Rankin Park › Beasley Cres
$820,000
Last sold
25 Jan 2023
3
Bedrooms
2
Bathrooms
1
Car spaces
721 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
$820,000
25 Jan 2023 · derived via latest_sale
Local land rate: recorded House sales in Rankin Park (last 5 years) with land size have a median of $1,426/m² of land (n=77). Districts calculation from recorded sales — not a valuation.
Rankin Park at a glance
2,700
People
$1,060,000
Median sale
$709/wk
Median rent
3.48%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
Vs Rankin Park
-22.6%
Median sale
Suburb $1,060,000
+1.02 pp
Gross yield
Suburb 3.48%
Suburb median $1,060,000 from 28 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 $709/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
Rankin Park at a glance
2,700
People
$1,060,000
Median sale
$709/wk
Median rent
3.48%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate Lake MacquarieThis 3 bedroom home is ideal for those entering the market or those who have been searching for a convenient lifestyle in a leafy location. Just minutes from John Hunter Hospital, Blackbutt Reserve, major shopping centres, quality schools, local parks and playgrounds, this picture perfect residence has all the boxes ready for you tick off at an upcoming inspection.
Featuring:
- A warm and welcoming street presence filled with established gardens, leafy trees and lush grass
- East facing front porch is the perfect place to enjoy your morning coffee
- Entering the home to the right are the 3 great size bedrooms with built in's and air conditioning to master
- These bedrooms share the bathroom with corner shower, vanity and bath tub perfect for the kids
- To the left of the entry is the light filled living and dining area which opens to the front verandah via sliding glass doors
- The kitchen is perfect for families with a breakfast bar, an abundance of cupboard space, electric cooking which looks out over the back deck
- Heading outside to the full length covered entertaining space you have plenty room for casual seating and dining perfect for large family dinners or intimate gatherings
- The fenced back yard is over 2 levels, perfect for the kids to play or set up a hammock and relax in the shade
- Lock up garage has been converted to suit 1 car with a workshop, separate storage room & a home studio
- Nestled on approx. 721sqm parcel of land with a 18m frontage and 43m deep
- 24 Solar panels with a 6.6kw Solar system & a 13.7kw Tesla power wall battery as a backup
Extra features include:
- Air conditioning, ceiling fans and windows throughout the home provide year round comfort
- Great size linen cupboard in hallway
- Motorised blockout shutters & cubby house to stay
- Separate laundry off the back deck with a second w/c & shower
- 6.6kw Solar system with a 13.7kw Tesla power wall battery as a backup
- Convert the garage back to suit 2 cars if you wish plus driveway space for additional parking needs
- Potential rental return $650 per week
- Water rates approx. $195 per quarter
- Land Rates approx. $532 per quarter
- Furnish or restyle the home to see what it could look like via the button at the bottom of the Virtual/3D Tour
For further information contact the local area's first choice for real estate Troy Duncan on 4950 8555
First National Real Estate Lake Macquarie are your local experts for the Lake Macquarie and Newcastle area, we proudly market this home and are always looking for more homes to sell. If you would like honest, expert advice to achieve excellent results, call us on 4950 8555 to discuss your home.
Disclaimer: All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing.
Listing description written by Troy Duncan, First National Real Estate Lake Macquarie — reproduced as published, not verified by Districts.