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.
NSW › Gateshead › Redwood Pl
$645,000
Last sold
13 Dec 2024
3
Bedrooms
1
Bathrooms
0
Car spaces
632 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
$645,000
13 Dec 2024 · 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=64). 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
-22.8%
Median sale
Suburb $835,000
+0.95 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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
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 NovocastrianWelcome to your dream of owning your own home at an affordable price in an entry-level suburb. This residence has lots of appeal with a modernised kitchen and bathroom, making it an ideal choice for first home buyers and savvy investors looking to expand their property portfolio. A quiet traffic location whilst still being conveniently located, you can take a short walk to St Mary's Catholic College or Gateshead High School, ensuring quality education options for families. Lake Macquarie Private Hospital employees can take a short stroll to be at their workplace without having to drive their car. In such a centrally located suburb you can take a quick drive to wonderful Lake Macquarie at Belmont or Warners Bay, local Beaches at Redhead and Blacksmiths as well as golf courses in Charlestown and Belmont, multiple parks and playgrounds, bushwalking at Fernleigh Track - there is a multitude of outdoor activities nearby. The shopping mecca at Charlestown Square is also extra convenient for everything you need to keep you well supplied with whatever supplies you need as well as dining and entertainment options to keep all the family happy. This property presents exceptional value in a thriving and rapidly changing suburb known for its community spirit and convenient location in the Lower Hunter. Make your enquiry today - don't wait too long or it will be gone!
Features:-
Modernised kitchen and bathroom
Sportsground at rear boundary
Air-conditioned living/dining/kitchen
Built-in robes in two bedrooms
Natural gas hot water
Side access to rear yard
Large backyard - perfect for granny flat/garaging (subject to Council)
Excellent home to extend, renovate or further improve
Zoning: R2 Low Density Residential
Land Area: 632m approx
Council: Lake Macquarie
Land Rates: $2049pa approx
Water Rates: $828pa approx
Rent Potential: $530-550pw approx
We have obtained all information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. Photos maybe digitally edited and include virtual furniture.
Listing description written by Suzanne Hill, Century 21 Novocastrian — reproduced as published, not verified by Districts.