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NSW › North Gosford › Gertrude St

U15, 188-198 Gertrude St, North Gosford NSW 2250

For saleTownhouse

$699,000

For sale

Asking

3

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $699,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $699,000(Listing record · 4 May 2026)
  • CalculationAsk is 26% below the North Gosford median recorded sale ($940,000, n=29, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at North Gosford's advertised median rent ($634/wk), implied gross yield would be 4.72% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$699,000

Asking

No recorded sale for this property.

North Gosford at a glance

5,173

People

$940,000

Median sale

$634/wk

Median rent

3.51%

Suburb gross yield

Median sale from 29 recorded sales (last 12 months) — a Districts calculation.

See the full North Gosford report →

Vs North Gosford

-25.6%

Median sale

Suburb $940,000

+1.21 pp

Gross yield

Suburb 3.51%

Suburb median $940,000 from 29 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$699,000
Stamp Duty (New South Wales)
$25,867
Transfer/Registration Fee
$167
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$728,734

$29,734 on top of the price (4.3% extra)

  • Stamp Duty (New South Wales)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with North Gosford's advertised median rent — not a rent for this listing.

Net yield
3.22%
Annual cashflow (pre-tax)
$-13,865
Interest cover (DSCR)
0.62
Annual rent
$32,968
Operating expenses
$10,485
Loan amount
$559,200
Annual interest
$36,348
Gross yield
4.72%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$699,000available4 May 2026

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 $634/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

Gross yield if leased at the suburb aggregate is 4.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

North Gosford in one glance

North Gosford at a glance

5,173

People

$940,000

Median sale

$634/wk

Median rent

3.51%

Suburb gross yield

Median sale from 29 recorded sales (last 12 months) — a Districts calculation.

See the full North Gosford report →

Keep researching

  • Why North Gosford? Read the area thesis →
  • What else is on the market in North Gosford →
  • Other records on Gertrude St →

Listing material

Listed by Ray White RPG

Spacious, Secure & Seriously Convenient

There are townhouses that make sense on paper - and then there are the ones that make even more sense when you walk through the door. Set within a gated, well-kept complex with manicured gardens and a peaceful bridge-style entry surrounded by greenery, 15/188-198 Gertrude Street, North Gosford delivers that rare mix of space, security and central convenience, all in a price range that remains highly relevant for first-home buyers and investors alike.

Inside, the home has a genuinely generous feel, led by a large open-plan living and dining zone with striking high feature ceilings, excellent natural light and reverse-cycle air conditioning. The kitchen is clean, practical and well-appointed, with a stainless-steel splashback, gas cooktop, dishwasher and a layout that connects easily with the main living space. Accommodation includes three generous bedrooms, all with built-in wardrobes, while the master adds its own ensuite and private balcony. Bedrooms two and three open out to a courtyard, giving the home a little extra breathing room beyond the usual townhouse formula.

Location is the real multiplier here. You are positioned within easy reach of Gosford CBD, Gosford Train Station, shopping, cafés, medical services and key local amenities. Transport options are walkable with the closest bus stop being approximately 270m away and Gosford Train Station is approximately 850m away, making this a practical option for commuters, tenants and lifestyle-focused buyers who want central access without giving up space. Add in NBN FTTP, gas hot water, gas heating availability, a tandem secure garage for two vehicles and a low-maintenance 2005-built design, and the value proposition is pretty clear: more room, more convenience, and a location that keeps working hard long after you've moved in.

Read the full description

Who This Suits:

If you're a first home buyer - this is the kind of entry point that doesn't feel like a compromise.

If you're an investor - the location and layout make long-term sense.

If you're a small family - space inside and out is already handled.

At this level of the market, most properties make you choose between space, location, or price.

This one doesn't really ask you to.

And that's what makes it worth a closer look.

The Details:

L/SP: Lot 11 SP 73337

Configuration: 3,2,2 Townhouse

Available Services: Electricity, Gas, Water and Sewer, NBN FTTP Available

Council Rates: $303.10 pq

Strata Rates: $2,011.11 pq

Size: 181m2 Total

Zoning: R1 Residential

Age: Built 2005 - 21 years

Aspect: West

Rental Potential: $700 Per Week

Listing description written by Blake Dunn, Ray White RPG — reproduced as published, not verified by Districts.

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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