Tighes Hill at a glance
1,970
People
$1,260,000
Median sale
$600/wk
Median rent
2.48%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
NSW › Tighes Hill › Elizabeth St
$1,485,000
Last sold
17 June 2021
4
Bedrooms
2
Bathrooms
4
Car spaces
625 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
$1,485,000
17 June 2021 · derived via latest_sale
Local land rate: recorded House sales in Tighes Hill (last 5 years) with land size have a median of $3,168/m² of land (n=66). Districts calculation from recorded sales — not a valuation.
Tighes Hill at a glance
1,970
People
$1,260,000
Median sale
$600/wk
Median rent
2.48%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Vs Tighes Hill
+17.9%
Median sale
Suburb $1,260,000
-0.38 pp
Gross yield
Suburb 2.48%
Suburb median $1,260,000 from 15 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 $600/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
Tighes Hill at a glance
1,970
People
$1,260,000
Median sale
$600/wk
Median rent
2.48%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Saunderson PropertyNight Club , Restaurant, Residence pretty well sums up the uses of this property over the years. 10 Elizabeth Street Tighes Hill is purely a one off property. Renovated and converted to a residence 20 years ago the property now offers a huge studio apartment one complete with the original restaurant cooker.....The Triumph ! Add to that a leased 2 bedroom flat currently returning $400 pw ....out back there is also a disused studio or bedsitter.
The main residence .
A very large open plan studio complete with the original raised stage area and restaurant cooker, with the original renovation the kitchen was opened up to the main living space. A raised bedroom included and a large bathroom with double shower. There is still ample yard behind the property for parking or kids to run free. Huge loft style ceilings greet you when you enter and it only gets better from there. The vibe is electric, probably much like it was when the Blue Moon Nightclub was rocking.
The main studio is somewhat dated with a 20 year renovation so it needs some loving. This property will simply not suit all and sundry. Consider the Blue Moon a project, as it needs works. That said you will not find many like this property and it simply has so much to offer. Set on a great 600m block with drive access only adds to the appeal of the Blue Moon. With so much potential added with the suburb of Tighes Hill becoming quite a niche place to call home. If you have ever lived in Tighes Hill you will know what I mean. We could talk forever about this one but its one you just simply have to inspect to really appreciate.
The Flat
The garage on the left is the entrance to the 2 bedroom flat. Recently freshly painted and carpeted this flat largely upstairs with bathroom downstairs adjacent the courtyard is currently returning $400 pw. This is a great cash cow and is a set and forget option. It offers a quiet sunny place to call home.
The Block
The property sits on a flat block with the following dimensions,
Frontage: 18.9m
Depth: 33.1m
Total: 625m
Note these figures are approximates only.
Newcastle Council rates: $2484.00 pa
Water rates: $1080.00 pa
Preferred method of inspection will be by appointment given the size of this property, to request an inspection or chasing more information. Contact Peter Saunderson 0468 407946 or peter@saundersonproperty.com.au
Property Code: 135
Listing description written by Peter Saunderson, Saunderson Property — reproduced as published, not verified by Districts.
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