Charmhaven at a glance
2,740
People
$885,000
Median sale
$600/wk
Median rent
3.53%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
NSW › Charmhaven › Norah Ave
5
Bedrooms
2
Bathrooms
2
Car spaces
607 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Charmhaven (last 5 years) with land size have a median of $1,223/m² of land (n=84). Districts calculation from recorded sales — not a valuation.
Charmhaven at a glance
2,740
People
$885,000
Median sale
$600/wk
Median rent
3.53%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
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 $600/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
Charmhaven at a glance
2,740
People
$885,000
Median sale
$600/wk
Median rent
3.53%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Presence Real EstateIdeally situated minutes from the beautiful Budgewoi Lake, this comfortable and contemporary property offers investors a fantastic dual rental income, or versatile low-maintenance living options for families, first-home buyers or retirees. Newly built in 2021, this desirable dual occupancy property boasts a modern 3-bedroom brick home at the front of the block and a separate and private 2-bedroom brick granny flat at the back.
The main home features 3 bedrooms with built-in robes, a stylish kitchen, modern bathroom, spacious living and dining room, an internal laundry with a separate toilet, and a fully fenced yard. The granny flat is a fully separate residence and includes a modern kitchen and bathroom, a combined living area, 2 bedrooms with built-in robes and a gated driveway with space for 2 cars.
Conveniently close to Lakeside Shopping Centre, Charmhaven shops and cafes, quality schools, public transport and sensational surf beaches, you can buy this home as an investment and enjoy an outstanding dual rental income and high depreciation, live in the main house and rent out the granny flat for extra cash, or use the granny flat for housing extended family, as a home workspace and more. So many possibilities and so much potential – all in a peaceful, lakeside location.
Features include:
• Single-level 3-bedroom brick house + separate 2-bedroom brick granny flat – all bedrooms include built-in robes
• Modern main bathroom with bath, shower and toilet + separate toilet in internal laundry
• Quality kitchen with plenty of cupboard space and a breakfast bar
• Air conditioning in both homes
• Granny flat includes a tidy bathroom with a shower and toilet
• Two fully fenced properties with separate driveway entries
• Main home includes 1 internal car space and on-street parking; the granny flat has room for 2 cars and a gated driveway for privacy
• This is an attractive investment opportunity that offers larger-than-average tax deductions and high depreciation
• Main home currently tenanted at $480 per week (market $500 per week) and granny flat at $400 per week (market $420 per week)
• 6 min walk to Budgewoi Lake, 2 min drive to local Charmhaven shops and cafes, 6 mins to Lake Haven Shopping Centre and 7 mins to Wyong Hospital
• Close to quality schools, beaches and public transport
Outgoings:
Water Rates: $898.56 approx. per annum
Council Rates: $1,844 approx. per annum
***Health & Safety Measures are in Place for Open Homes & All Private Inspections
Listing description written by Lachlan McGill, Presence Real Estate — reproduced as published, not verified by Districts.