Speers Point at a glance
3,737
People
$1,125,000
Median sale
$705/wk
Median rent
3.26%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
NSW › Speers Point › Edith St
$785,000
Last sold
8 Nov 2024
2
Bedrooms
1
Bathrooms
1
Car spaces
480 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
$785,000
8 Nov 2024 · derived via latest_sale
Local land rate: recorded House sales in Speers Point (last 5 years) with land size have a median of $1,733/m² of land (n=92). Districts calculation from recorded sales — not a valuation.
Speers Point at a glance
3,737
People
$1,125,000
Median sale
$705/wk
Median rent
3.26%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Vs Speers Point
-30.2%
Median sale
Suburb $1,125,000
+1.41 pp
Gross yield
Suburb 3.26%
Suburb median $1,125,000 from 23 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 $705/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
UnknownArea
Speers Point at a glance
3,737
People
$1,125,000
Median sale
$705/wk
Median rent
3.26%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by TaylorHedley Property.Auction Location: On Site
Presenting an incredible opportunity for one lucky purchaser to enter the highly sought after and desirable lakeside suburb of Speers Point. This two bedroom cottage resides in a quiet and golden street just blocks back from the shores of Lake Macquarie, Speers Point Park, a selection of coffee shops and the renowned Pippi's At The Point.
Positioned amongst premium neighbouring properties this original two-bedroom home is awaiting a contemporary coastal inspired revival or the substantial and level 480.6sqm North facing lot presents a sound platform for a new home build STCA. The existing home still features some period ornate fixtures, two comfortable bedrooms, a separate living room and the kitchen connects to a dedicated dining space. Set at the back of the house is a generous covered patio overlooking a level grassy yard with lock-up garage and workshop/shed all conveniently accessed by a long driveway down the side of the property.
Opportunities like this in such an incredible lakeside location don't present themselves often. Imagine waking up each morning and grabbing a coffee at one of your favourite cafes on your way to enjoying a stroll or jog along the lake. And young families can enjoy the ease and accessibility to Speers Point Public School and Speers Point Park.
- North facing two bedroom original cottage in highly desired lakeside location
- Substantial grassy level 480.6sqm lot surrounded by premium properties
- Two bedrooms with retained ornate fixtures
- Generous covered outdoor patio overlooking backyard
- Great opportunity for contemporary coastal inspired renovation or new build STCA
- Driveway access to the back of the property with lock-up garage and shed/workshop
- Just blocks back from the shores of Lake Macquarie, Speers Point Park, coffee shops and the renowned Pippi's At The Point
- Speers Point Public School 0.24kms, Lake Macquarie High School 1.68kms
Disclaimer:
We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.
Listing description written by Beau Hedley, TaylorHedley Property. — reproduced as published, not verified by Districts.
NSW 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.