Wangi Wangi at a glance
3,080
People
$880,000
Median sale
$625/wk
Median rent
3.69%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
NSW › Wangi Wangi › Rees St
2
Bedrooms
1
Bathrooms
2
Car spaces
1,081 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 Wangi Wangi (last 5 years) with land size have a median of $1,179/m² of land (n=87). Districts calculation from recorded sales — not a valuation.
Wangi Wangi at a glance
3,080
People
$880,000
Median sale
$625/wk
Median rent
3.69%
Suburb gross yield
Median sale from 23 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 $625/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
Wangi Wangi at a glance
3,080
People
$880,000
Median sale
$625/wk
Median rent
3.69%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Newcastle | Lake MacquarieIf you've been searching for the perfect property to build your dream home, invest, or develop (STLCA), this is the opportunity you've been waiting for. Located in the heart of the peaceful and picturesque lakeside suburb of Wangi Wangi, NSW, this 2-bedroom home sits on an expansive 1,081m² block, offering endless possibilities.
Whether you're looking to renovate the existing home, knock it down and rebuild, or explore development opportunities including a granny flat or dual occupancy (STLCA), the size and layout of this block provide plenty of flexibility. With the potential for lake views from a second-storey build, this property offers both immediate appeal and long-term vision.
The block itself is mostly level, making future construction more straightforward and cost-effective. Located in a quiet street, you're just a short walk to the sparkling shores of Lake Macquarie, and only moments to Dobell Park Boat Ramp, Wangi Wangi Beach, Wangi Point, and local bushland walking trails-perfect for those who love a relaxed, outdoor lifestyle.
Property Features:
• Large 1,081m² block
• Potential for granny flat or multi-dwelling development (STLCA)
• Great canvas to build your dream home with possible lake views
• Existing 2-bedroom home ready for renovation or rebuild
• Plenty of off-street parking
• Close to local schools, village shops, restaurants, and cafes
• Quiet, community-focused location with a laid-back lakeside vibe
• Moments to boating, fishing, kayaking, and nature reserves
• Council rates approx $587pq
• Water rates approx $379pq
Whether you're a developer, first home buyer, or someone looking to build a forever home in a lakeside paradise, this property is a rare find with serious upside.
For more information on this home or to schedule an inspection please contact Andrew on 0423 217 864 or Ashley on 0413 250 806
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 Andrew Dinnen, Ray White Newcastle | Lake Macquarie — reproduced as published, not verified by Districts.