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NSW › Hamilton South › Thomas St

10 Thomas St, Hamilton South NSW 2303

House

$1,410,000

Last sold

21 Oct 2023

3

Bedrooms

2

Bathrooms

1

Car spaces

579 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,410,000 (21 Oct 2023).(Recorded sale)
  • FactLand 579 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Hamilton South (last 5 years) with land size: median $3,212/m² of land (n=71). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Low Density Residential (R2) under the Newcastle Local Environmental Plan 2012.(NSW ePlanning Spatial Viewer · 31 Aug 2026)

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?

No verification items generated for this record.

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

What this lot has actually traded at

Last sold

$1,410,000

21 Oct 2023 · derived via latest_sale

Local land rate: recorded House sales in Hamilton South (last 5 years) with land size have a median of $3,212/m² of land (n=71). Districts calculation from recorded sales — not a valuation.

Hamilton South at a glance

3,846

People

$1,460,000

Median sale

$350/wk

Median rent

1.25%

Suburb gross yield

Median sale from 15 recorded sales (last 12 months) — a Districts calculation.

See the full Hamilton South report →

Vs Hamilton South

-3.4%

Median sale

Suburb $1,460,000

+0.04 pp

Gross yield

Suburb 1.25%

Suburb median $1,460,000 from 15 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

Newcastle Local Environmental Plan 2012

Zone

Low Density Residential

R2

Jurisdiction

Newcastle

Newcastle, NSW

Planning overlays

  • heightDetected
  • heritageNot detected

Planning constraints

  • 98.5

Development activity

Data unavailable

Source

  • Provider: NSW ePlanning Spatial Viewer
  • Dataset: Planning Portal Principal Planning — Land Zoning Map
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 100708420

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 detected — official

The official layer was queried and no heritage listed area was detected on this parcel (NSW ePlanning Spatial Viewer, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.

Records

Property history

  1. Sold$1,410,00021 Oct 2023
  2. Listedprice unknowncompleted25 Sept 2023
  3. Listedprice unknowncompleted25 Sept 2023

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?

Confidence: medium

Zoned Low Density Residential · R2 (Newcastle Local Environmental Plan 2012). Official parcel area about 581 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. If the dual occupancy pathway survives a planner’s check, this lot can outperform a same-suburb house that is hold-as-is only. That is not a forecast. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 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 $350/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

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

What this means for this property

Districts view

This looks more compelling as a land / capital-growth play than a pure yield play — if the dual occupancy pathway survives a planner’s check.

Detail

Zoned Low Density Residential · R2 (Newcastle Local Environmental Plan 2012). Official parcel area about 581 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

Read more

Achieved rent for this address has not been inferred. Gross yield on advertising copy is not the deal.

Nearby DA pipeline is unknown, so neighbourhood change is not in this verdict.

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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned Low Density Residential · R2 (Newcastle Local Environmental Plan 2012). Official parcel area about 581 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • 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?

    Knownmedium

    No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Hamilton South in one glance

Hamilton South at a glance

3,846

People

$1,460,000

Median sale

$350/wk

Median rent

1.25%

Suburb gross yield

Median sale from 15 recorded sales (last 12 months) — a Districts calculation.

See the full Hamilton South report →

Keep researching

  • Why Hamilton South? Read the area thesis →
  • What else is on the market in Hamilton South →
  • Other records on Thomas St →

Listing material

Listed by First National Real Estate Newcastle City

A Classic Ready for Renovation

For over 60 years, this classic three-bedroom home has been a cherished retreat, now awaiting a forward-thinking buyer to infuse fresh vitality into its tired yet solid bones. It presents as an alluring blank canvas, inviting you to explore numerous possibilities for renovation and reconfiguration. Beyond that, there's abundant space in the north-facing backyard to create a private oasis, complete with a deck and pool (subject to council approval). If you dare to dream even bigger, consider the potential of putting on an additional storey to add extra accommodation. Enhancing its appeal, this property is nestled within the coveted Hamilton South Public School zone. Plus, the location offers unparalleled centrality. Picture leisurely bike rides to the beach, convenient coffee and dining experiences at The Junction and Beaumont Street, and a mere five-minute journey to the bustling heart of the city.

- Rendered cavity brick and tile home on 581.7sqm block

- Prized north facing backyard with covered entertaining area, fruit trees, veggie patches

Read the full description

- Long gated side driveway to tandem car garage

- Lounge room with fireplace, separate dining area with a/c

- Tidy older style kitchen with gas stove and breakfast bar

- Original bathroom with bathtub, shower and separate w/c

- External laundry with second shower and toilet

- Just 2km to Newcastle Interchange and Marketown

Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Listing description written by George Rafty, First National Real Estate Newcastle City — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Gas Heating
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.