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.
$640,000
Last sold
31 July 2020
5
Bedrooms
2
Bathrooms
1
Car spaces
626 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
$640,000
31 July 2020 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
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.
Vs Gateshead
-23.4%
Median sale
Suburb $835,000
+0.99 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 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 $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.
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
UnknownArea
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.
Listing material
Listed by Century 21 Carkeet Johns SmithOWNER SAYS SELL!!!! This unique offering possesses very generous returns in an entry level suburb. Possessing two separate income streams with a collective current return of $650 per week. The front home consists of a spacious 3 bedroom residence with street frontage and ample off street parking and garaging with level fully fenced yard. Opportunity exists to further improve return potential with some minor cosmetic make overs. Secondary income is delivered via a NEW brick and tile granny flat located in the rear of the property. All of which sit in a quiet cul-de-sac location.
Conveniently located to:-
* Charlestown Square shopping Centre
* Lake Macquarie Fair Shopping Centre
* Lake Macquarie Foreshore
* Redhead Beach
* Various schooling options including Hunter Sports High, St Marys Catholic College
* Lake Macquarie Private Hospital
* Newcastle inner city by-pass
Granny flat includes:
2 bedroom Brick veneer granny flat
Separate address, entrance, electricity, water & NBN
Completely fenced off
Solar hot water system
Split-air conditioner
User friendly yard
Garden shed
Rain water tank with pump
House includes:
2 large living areas and separate dining space
Updated kitchen
Freshly painted interior
Recently painted roof
Wardrobes in all bedrooms
New blinds
New split-air conditioner
2nd toilet
Astute investors should apply, in addition to owner occupiers wanting an ancillary income stream.
Zoning: R2 Low Density Residential
Land Area: 626sqm approx.
Council: Lake Macquarie City Council
Land Rates: 2086pa approx
Water Rates: $785pa approx
Current Rent: $650p/w
At open house inspections you will be expected to -
* Produce proof of either:
o Upload of COVIDSafe App;
o Driver's licence.
* Wait until instructed to enter;
* Use hand sanitiser;
* Exit via back door (if possible);
* Maintain 1.5m social distance;
* Remain in family groups at all times
Please -
* Don't enter if you are unwell;
* Don't enter if you have come in contact with a known COVID-19 case in past 14 days;
* Don't Touch anything.
Listing description written by Robert Russell, Century 21 Carkeet Johns Smith — reproduced as published, not verified by Districts.
NSW 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.