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NSW › Gateshead › Coral Cres

70 Coral Cres, Gateshead NSW 2290

House

$430,000

Last sold

30 Sept 2020

3

Bedrooms

1

Bathrooms

2

Car spaces

563 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 $430,000 (30 Sept 2020).(Recorded sale)
  • FactLand 563 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Gateshead (last 5 years) with land size: median $1,196/m² of land (n=65). 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

$430,000

30 Sept 2020 · derived via latest_sale

Local land rate: recorded House sales in Gateshead (last 5 years) with land size have a median of $1,196/m² of land (n=65). Districts calculation from recorded sales — not a valuation.

Gateshead at a glance

3,210

People

$835,000

Median sale

$519/wk

Median rent

3.23%

Suburb gross yield

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

See the full Gateshead report →

Vs Gateshead

-48.5%

Median sale

Suburb $835,000

+3.05 pp

Gross yield

Suburb 3.23%

Suburb median $835,000 from 12 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$430,00030 Sept 2020
  2. Sold$430,00030 Sept 2020
  3. Listedprice unknowncompleted25 July 2020

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 $519/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

Gateshead in one glance

Gateshead at a glance

3,210

People

$835,000

Median sale

$519/wk

Median rent

3.23%

Suburb gross yield

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

See the full Gateshead report →

Keep researching

  • Why Gateshead? Read the area thesis →
  • What else is on the market in Gateshead →
  • Other records on Coral Cres →

Listing material

Listed by Walkom Real Estate

Move In Enjoy and Add Your Own Touches to This Well-Connected Home

An affordable springboard into home ownership for first time buyers, investors or a small family, those looking to move straight into a ready to enjoy residence should put this beauty on their radar. Chase the sun morning and afternoon with Merbau decks front and rear offering delightful spots to relax or entertain alfresco. Inside, this is a low maintenance property featuring an air-conditioned lounge room, practical electric-equipped kitchen and three bedrooms served by a full-size bathroom. The block is a generously sized 563sqm offering plenty of room for kids and pets to run around. The beauty of this home is that you can move in now and update to taste down the track. Gateshead is a well-connected suburb offering close proximity to Charlestown Square, a choice of schools and Lake Macquarie Private Hospital.

- Single level home on 563sqm block with carport and single garage

- Step inside to air-conditioned lounge room with timber floors

Read the full description

- Practical kitchen fitted with electric stove

- Retro bathroom with bath, shower and full-height tiling

- Two bedrooms fitted with new carpet, master with built-in robe and ceiling fan

- Third bedroom/study with French door access to covered Merbau deck

- In catchment zone for Wiripaang Public School and Hunter Sports High

- Close to St Paul's Primary, St Mary's Catholic College, Good Start Early Learning and Lakeside School

- 1300m from Lake Macquarie Private Hospital

- Centrally located between beautiful Lake Macquarie and Redhead Beach

Outgoings:

Water: *$791 pa + usage

Council: *$1,817 pa

*Approximates only

Walkom Real Estate adhere to strict health & safety guidelines at all inspections.

(We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.)

Listing description written by Scott Walkom, Walkom Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
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.