Waratah at a glance
4,957
People
$1,040,000
Median sale
$516/wk
Median rent
2.58%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
$777,000
Last sold
3 June 2022
3
Bedrooms
1
Bathrooms
6
Car spaces
841 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
$777,000
3 June 2022 · derived via latest_sale
Local land rate: recorded House sales in Waratah (last 5 years) with land size have a median of $1,964/m² of land (n=105). Districts calculation from recorded sales — not a valuation.
Waratah at a glance
4,957
People
$1,040,000
Median sale
$516/wk
Median rent
2.58%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Vs Waratah
-25.3%
Median sale
Suburb $1,040,000
+0.87 pp
Gross yield
Suburb 2.58%
Suburb median $1,040,000 from 37 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 $516/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
Waratah at a glance
4,957
People
$1,040,000
Median sale
$516/wk
Median rent
2.58%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts NewcastleOne of three side-by-side homes constructed in 1947, this three-bedder has remained with the family who built it and is on offer for the first time. It has been updated over the years and enhanced by the erection of a four-car garage and workshop. Today it presents as a comfortable and tidy property that you will be glad to call home, while leaving scope for you to add your own touches.
Its classic proportions and layout feature two larger bedrooms at the front of the floorplan with a smaller third bedroom at the rear, all served by a shower bathroom and handy second w/c. The warm and inviting lounge room is appointed with air-conditioning to keep things comfortable, while the spacious kitchen is fitted with gas cooking and a new dishwasher. Tradies and car enthusiasts are going to love the huge garage and workshop, while the deep block of 841sqm may inspire you to extend the home, add a granny flat, or like neighbouring blocks, develop into multiple dwellings (STCA).
Little more than 15 minutes from Newcastle city centre and beaches, Waratah is primed for convenience. Waratah Village shopping is anchored by Coles and Kmart and the train station is a 10-minute stroll at the end of the street making the daily commute a breeze, and if you head in the other direction, The Mater Hospital is less than seven minutes away. And for families, there's a great choice of childcare, primary and high schools in the vicinity including St Philip's Christian College, and the University of Newcastle 3km away.
- 841sqm block with favourable northeasterly rear aspect
- Approximate block dimensions of 13.41/18.29m X 54.55/51.5m
- Vinyl clad and terracotta tiled roof home recently reglazed
- Air-conditioned lounge room with feature brick fireplace
- Two robed bedrooms with ceiling fans at front, smaller third bedroom/study at rear
- Spacious kitchen with gas cooktop, oven and new dishwasher
- Fully tiled shower bathroom, handy second w/c, updated gas hot water system
- Four-car garage with power, lights, storage and workshop
- Calvary Mater Hospital – 650m, University of Newcastle, Callaghan – 3km
* This information has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.
Listing description written by Tim Lojszczyk, Harcourts Newcastle — reproduced as published, not verified by Districts.