Lake Heights at a glance
4,007
People
$920,500
Median sale
$725/wk
Median rent
4.10%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
NSW › Lake Heights › Mirrabooka Rd
$795,000
Last sold
26 Mar 2024
3
Bedrooms
1
Bathrooms
4
Car spaces
556 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
$795,000
26 Mar 2024 · derived via latest_sale
Local land rate: recorded House sales in Lake Heights (last 5 years) with land size have a median of $1,408/m² of land (n=108). Districts calculation from recorded sales — not a valuation.
Lake Heights at a glance
4,007
People
$920,500
Median sale
$725/wk
Median rent
4.10%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
Vs Lake Heights
-13.6%
Median sale
Suburb $920,500
+0.64 pp
Gross yield
Suburb 4.10%
Suburb median $920,500 from 48 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 $725/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
Lake Heights at a glance
4,007
People
$920,500
Median sale
$725/wk
Median rent
4.10%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by A-List Property GroupBoasting Character & Charm
This stunning cottage style home boasts character and charm, filled with natural light and space, perfect for the young family or savvy investor.
Offering three generous size bedrooms, two with mirrored built in wardrobes, open plan kitchen and dining, two living areas, stylish bathroom, ducted air conditioning as well as ceiling fans, laminated flooring with carpet to the bedrooms, internal laundry, double garage with remote control, plus a covered pergola which can be used as an extra carport for the boat or caravan. The gardens are manicured and beautifully presented providing a low maintenance lifestyle.
The property sits on a 556m2 block, R2 zoned with 15.4m frontage, offering future development potential (STCA)
Located in quiet street just moments away from the stunning Lake Illawarra, schools, transport, parks, beaches, walking tracks and Warrawong shopping district. Only 10-minute drive to Wollongong CBD.
Features:
- Three generous sized bedrooms, two with built in wardrobes & fans
- Open plan kitchen and dining
- Two spacious living areas
- Stylish bathroom with shower and bath plus separate toilet
- Ducted air conditioning & large linen closet
- Internal laundry with plenty of storage
- Oversized double garage with remote control
- Covered pergola or carport for the boat or caravan
- Fully fenced front and back yard
- 15.4m frontage on 556m2 R2 zoned block
- Rental return $630 per week (Lease expires 24/01/25)
Outgoings:
Council Rates $471 per quarter (approx)
Water Rates $159 per quarter (approx)
*** Sold by Anthony Sorace - 0413 690 459 - A-List Property Group***
Disclaimer:
Whilst A-List Property Group has made every effort to ensure the information supplied to you in our marketing material is correct, we cannot guarantee the accuracy of the information provided by our Vendors, and as such, A-List Property Group makes no statement, representation, or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps and images are representative only, for mar
Listing description written by Anthony Sorace, A-List Property Group — reproduced as published, not verified by Districts.