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NSW › Teralba › Pitt Street Billy S Lookout

61 Pitt Street Billy S Lookout, Teralba NSW 2284

House

$662,000

Last sold

23 Oct 2016

4

Bedrooms

2

Bathrooms

2

Car spaces

600 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $662,000 (23 Oct 2016).(Recorded sale)
  • FactLand 600 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Teralba (last 5 years) with land size: median $1,826/m² of land (n=75). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$662,000

23 Oct 2016 · derived via latest_sale

Local land rate: recorded House sales in Teralba (last 5 years) with land size have a median of $1,826/m² of land (n=75). Districts calculation from recorded sales — not a valuation.

Teralba at a glance

2,946

People

$1,150,000

Median sale

$651/wk

Median rent

2.94%

Suburb gross yield

Median sale from 31 recorded sales (last 12 months) — a Districts calculation.

See the full Teralba report →

Vs Teralba

-42.4%

Median sale

Suburb $1,150,000

+2.17 pp

Gross yield

Suburb 2.94%

Suburb median $1,150,000 from 31 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$662,00023 Oct 2016
  2. Listedprice unknowncompleted18 Sept 2016

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 $651/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

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

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

Teralba in one glance

Teralba at a glance

2,946

People

$1,150,000

Median sale

$651/wk

Median rent

2.94%

Suburb gross yield

Median sale from 31 recorded sales (last 12 months) — a Districts calculation.

See the full Teralba report →

Keep researching

  • Why Teralba? Read the area thesis →
  • What else is on the market in Teralba →
  • Other records on Pitt Street Billy S Lookout →

Listing material

Listed by Presence Real Estate

THE HOME (PLUS MORE) BUILT WITH LOVE

The Children's Cancer Institute of Australia, McDonald Jones Homes, McCloy Group and PRDnationwide Newcastle and Lake Macquarie have joined forces to undertake an extraordinary challenge. We have built a brand new home that will be sold to fund vital research into diagnosis and treatment of cancer and to help save the lives of children in Australia facing the disease.

All elements of the Build for a Cure house have been donated, from the 600sqm plot of land, to the building materials, skilled tradesmen and women, interior design, stylish furnishings, appliances and the garden landscaping, so the lucky purchaser will buy a beautiful, brand new home completed to the highest standard, inside and out.

Built in just 14 days, the home will be auctioned by PRDnationwide Newcastle on Sunday 23 October.

Read the full description

The Home

The Portsea One offers something truly special and uses clever, modern architectural design to create a relaxed, inviting and inspiring backdrop to family living. Balancing central living spaces with quiet retreats for every member of the family, the spacious single level layout is simple yet effective. This home has signficant upgrades including air conditioning, solar system with Tesla Battery, fencing and landscaping and more.

ï?ª An open plan living hub and designer gourmet kitchen connects to the outdoor alfresco area allowing you to enjoy the beautiful bushland vista at Billy's Lookout

ï?ª The inclusion of a separate home theatre adds to the many inviting choices for entertaining guests and family alike

ï?ª The four bedrooms and two lavish bathrooms (including a separate WC) are well-zoned to one side of the home to ensure quiet time can by enjoyed throughout the day

ï?ª Plenty of storage, a clever study nook, landscaped gardens and a double garage add further appeal

ï?ª In addition, the Build for a Cure home will include furnishings and appliances including items from:

Electrolux ($35,000)

Freedom ($45,000)

Panasonic ($20,000)

The Location

Positioned on the northwestern corner of Lake Macquarie, Billy's Lookout is exactly where you want to be,an easy 30 minutes drive from Newcastle CBD. With 30km of unspoilt coastline and a waterway twice the size of Sydney Harbour, Lake Maquarie provides an abundance of leisure activities available to residents at Billy's Lookout. Take in the stunning views and the natural beauty of the lake and its surrounding parklands as you stroll its first-rate pathways perfect for walking, cycling, rollerblading and more. This friendly, community-focused piece of heaven is also conveniently just minutes to the local shops, schools, playgrounds and dining precincts.

100% of the proceeds of this sale are going directly to the Children's Cancer Institute's research to find the cure for every child with cancer.

The home will be open for inspection Thursdays: 5-6pm Saturdays: 12-1pm

Listing description written by Mark Kentwell, Presence Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Built-in Robes
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Fully Fenced
  • Outdoor Entertaining
  • Remote Garage

Also look at

Also for sale in Teralba

  • 5 Anchorage Pl, Teralba NSW 2284

    4-bed house for sale. Asking $1.2M–$1.27M.

    For sale
  • 32 Pitt St, Teralba NSW 2284

    4-bed house. Asking $1.6M–$1.7M.

    For sale
  • 143 Railway St, Teralba NSW 2284

    3-bed house for sale. Asking $870K–$930K.

    For sale
  • 72 York St, Teralba NSW 2284

    0-bed land for sale. Asking $780K–$850K.

    For sale
Districts

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.