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NSW › Kiama › Surfleet Pl

UG16, 2 Surfleet Pl, Kiama NSW 2533

For saleApartment

$990,000–$1,080,000

For sale

Asking range

3

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $990,000–$1,080,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $990,000–$1,080,000(Listing record · 28 May 2026)
  • CalculationAsk is 39% below the Kiama median recorded sale ($1,612,500, n=60, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Kiama's advertised median rent ($747/wk), implied gross yield would be 3.92% — 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

$990,000–$1,080,000

Asking range

No recorded sale for this property.

Kiama at a glance

8,203

People

$1,612,500

Median sale

$747/wk

Median rent

2.41%

Suburb gross yield

Median sale from 60 recorded sales (last 12 months) — a Districts calculation.

See the full Kiama report →

Vs Kiama

-38.6%

Median sale

Suburb $1,612,500

+1.51 pp

Gross yield

Suburb 2.41%

Suburb median $1,612,500 from 60 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$990,000
Stamp Duty (New South Wales)
$38,962
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
$1,032,829

$42,829 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

Based on the low end of the asking range, not a contract price.

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

Net yield
2.42%
Annual cashflow (pre-tax)
$-27,486
Interest cover (DSCR)
0.47
Annual rent
$38,844
Operating expenses
$14,850
Loan amount
$792,000
Annual interest
$51,480
Gross yield
3.92%

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$990,000–$1,080,000available28 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 $747/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 3.9%. 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.

Nearby

Nearby properties

  • 63 Surfleet Pl, Kiama NSW 2533
  • 47 Surfleet Pl, Kiama NSW 2533
  • 45 Surfleet Pl, Kiama NSW 2533
  • 34 Surfleet Pl, Kiama NSW 2533

Area

Kiama in one glance

Kiama at a glance

8,203

People

$1,612,500

Median sale

$747/wk

Median rent

2.41%

Suburb gross yield

Median sale from 60 recorded sales (last 12 months) — a Districts calculation.

See the full Kiama report →

Keep researching

  • Why Kiama? Read the area thesis →
  • What else is on the market in Kiama →
  • Other records on Surfleet Pl →

Listing material

Listed by Ray White Kiama

Downsize Without Compromise!

Privately positioned within the prestigious Ridgewaters complex, this beautifully appointed north facing ground-floor residence delivers an exceptional blend of luxury, space and low-maintenance living.

Designed with house-like proportions and seamless indoor-outdoor flow, this apartment has a villa feel with its generous open-plan living and dining spaces extending to an oversized north-facing alfresco terrace framed by an established native private garden with excellent sun throughout the day. The thoughtful single-level layout creates a sense of comfort and privacy rarely found in apartment living, while residents also enjoy access to beautifully maintained common area ideal for relaxed entertaining.

At the heart of the home, the designer kitchen features stone benchtops, premium Franke appliances, soft-close cabinetry and quality finishes throughout, while limed oak engineered timber flooring, multi zoned ducted Fujitsu air conditioning and sophisticated interiors enhance the home's contemporary coastal feel.

Read the full description

Accommodation includes three well-proportioned bedrooms, including a spacious master suite with built-in wardrobe and stylish ensuite. The additional bedrooms are equally inviting, offering flexibility for guests, hobbies or working from home which open out to the rear private terrace. An additional dedicated study flows off the living area.

Further enhancing the appeal is an oversized secure storage cage with workshop potential, two secure car spaces and outstanding resident amenities including EV charging facilities, multiple car wash bays, full-time on-site cleaning and maintenance services.

Offering the perfect balance of convenience, quality and lifestyle, this is an outstanding opportunity for downsizers, professionals or buyers seeking premium apartment living without compromise.

Property Features

• Spacious and secure single-level apartment

• North-facing aspect with beautiful morning and afternoon sun

• Oversized covered alfresco entertaining areas with electric outdoor blinds

• Private established native garden oasis

• Designer stone kitchen with premium Franke appliances

• Two secure car spaces plus oversized storage/workshop cage

• Fujitsu multi-zoned ducted air conditioning throughout

• Front and rear terraces allow for cross flow ventilation

• Onsite building manager (20 hours a week)

To register your interest or arrange an inspection, please contact Matthew Lay on 0448 440 609.

DISCLAIMER: Ray White Kiama has taken all care in preparing this information and uses its best endeavours to ensure that the information contained therein is true and accurate, however, accepts no responsibility in respect of any errors, inaccuracies, or misstatements contained herein. Ray White Kiama urges all clients to make their own enquiries to verify the information contained herein.

Listing description written by Matthew Lay, Ray White Kiama — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1
  • Study
  • Toilets: 2
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.