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 › North Cl
$2,450,000
Last sold
27 Mar 2023
4
Bedrooms
3
Bathrooms
2
Car spaces
958 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
$2,450,000
27 Mar 2023 · derived via latest_sale
Local land rate: recorded House sales in Caves Beach (last 5 years) with land size have a median of $2,207/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
+55.1%
Median sale
Suburb $1,580,000
-0.89 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 EstateEnjoying a quiet cul-de-sac location, just off The Esplanade, the beach access is phenomenal, and you can be on the sand in the surf within seconds of leaving home!
Enjoying an elevated, eye of the cul-de-sac position, genuine ocean views that cannot be built out, feature throughout both the upstairs and downstairs living areas and the renovated stone tops custom designed, contemporary kitchen is a great place to catch the breeze and check out the surf.
Boasting views across the entire breadth of the upper-level deck and all the spacious lounge, dining and kitchen, the views from the entry and the rumpus or self-contained studio are also likely to impress.
Set on a very lovely and generous 958m² block of land, the block is almost twice the size of the 500m² blocks down on The Esplanade, with room for a decent backyard and a sizable residence as well.
Claiming the best aspect money can buy, the backyard enjoys a Northerly aspect, with the home protected from the South and the West, guaranteeing you sensational and refreshing cool sea breezes in summer and lots of wonderful warm sunshine in winter.
A one owner residence, an architect was commissioned to design a family home, that would take full advantage of the views and the aspect, with an emphasis on the home being framed by beautiful native gardens and a lawn where kids and puppies could explore and play all day long.
Over engineered, the elegant residence is studded with big timber feature beams, soaring ceilings and lots of glass that lets the outdoors in, with plenty of money spent on double brick feature walls and parquetry feature flooring, all these items very much coming back into fashion now.
To secure this location and build this home again in today's market would cost you an absolute fortune, with opportunities to buy this close to the beach in the sweet spot of Caves, being incredibly rare.
Lovingly maintained, and beautifully presented, saying goodbye is hard, but now the adult children have well and truly moved on, the owner has finally decided it's time to move on too and let another family enjoy everything she has loved living here.
- Set on a glorious 958m² block, with only 2 homes between you & the beach
- Delivering a beautifully built family friendly backyard & family friendly home
- The closest cul-de-sac off The Esplanade to the village shops, cafes & hotel
- Architect designed, expect soaring ceilings & stunning hardwood big beams
- The full width deck, stretches across the entirety of the upper-level living
- With a perfect North-East aspect, it's sunny in winter & breezy in summer
- Elevated & at the head of the cul-de-sac, you'll never lose your water views
- Blessed with lots of off-street parking the oversized garage almost fits 4 cars
- There is plenty of extra parking for a boat & a caravan or both if you need it
- Wide side gate access to the backyard is perfect for those keen to add a pool
- Also making it easy, if you want to extend either up or out in the future too
- Framed by lovely native gardens, enjoy the privacy & the spectacular birdlife
- The second you step inside, the build quality is very immediately apparent
- A new front door & freshly tiled foyer adds another extra special dimension
- Teasing you with a view of the water, lots of glass lets in the view & light too
- The entry foyer is inviting but it also screens prying eyes from seeing inside
- With its own separate entry & little view, the self-contained studio is a gem
- Perfect for anyone with grandma, grandpa or an adult kid coming with you
- An open bedroom/living is complimented by a kitchenette & small ensuite
- A perfect home office, clients can come & go without disturbing the family
- The perfect Air BNB, the location is sure to guarantee you a regular income
- A perfect size, you won't attract the big crowds, just quiet getaway couples
- Internally accessed, oversized remote garage, so you never have to get wet
- Head up top to discover the main event, expansive open living to the beach
- Huge living drinks in the ocean views & its soaring ceilings add to the appeal
- Sliding doors let you spill out of the living on to the generous front deck
- With a North Easterly aspect, the room's wonderfully breezy & very bright
- Split system air conditioning kicks in on rare days the weather is being off
- The living effortlessly connects with the renovated stone tops new kitchen
- Like the living, the kitchen boasts genuine ocean views & a great aspect
- The designer kitchen is a fabulous & significant upgrade from the original
- Boasting lots of stone & plentiful soft close drawers, cupboards & pantry
- Appreciate the integrated dishwasher & cooktop plus a raised wall oven
- Sliding doors front & back let you flow outdoors from kitchen & dining
- Stairs off the covered back patio connect you & the kids to the backyard
- Like the kitchen, the main bathroom has been renovated & transformed
- The practical 3-way layout still applies & works well for family & guests
- 3 big bedrooms feature to the rear, with an office size single bedroom
- Sliding doors open out to a feature courtyard off the master suite
- An ensuite & walk in robe complete the generous size master suite
- Built in robes feature in all 3 double bedrooms, perfect for teenangers
- The backyard is the piece-de-resistance with stunning grounds & lawn
A real one off, this size land and this quality home, this close to the beach and villages shops, cafes and hotel is unlikely to be offered again anytime soon.
Performing like a single level home most of this residence is one level to the backyard, giving you options to build up and perhaps add another very impressive upper level for out of this world views, privacy and space.
A not to be missed iconic location and iconic home …
Listing description written by Shanti Page, SOLD Real Estate — reproduced as published, not verified by Districts.