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NSW › Waratah › Grove St

12 Grove St, Waratah NSW 2298

House

$1,040,000

Last sold

15 May 2026

3

Bedrooms

1

Bathrooms

0

Car spaces

404 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 $1,040,000 (15 May 2026).(Recorded sale)
  • FactLand 404 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Waratah (last 5 years) with land size: median $1,944/m² of land (n=105). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Medium Density Residential (R3) 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

$1,040,000

15 May 2026 · derived via latest_sale

Local land rate: recorded House sales in Waratah (last 5 years) with land size have a median of $1,944/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.

See the full Waratah report →

Vs Waratah

0.0%

Median sale

Suburb $1,040,000

0.00 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 and development

Planning scheme

Newcastle Local Environmental Plan 2012

Zone

Medium Density Residential

R3

Jurisdiction

Newcastle

Newcastle, NSW

Planning overlays

  • heightDetected
  • heritageNot detected

Planning constraints

  • 1110

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: 100685139

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$1,040,00015 May 2026
  2. Listedprice unknowncompleted28 Apr 2026
  3. Listedprice unknowncompleted28 Apr 2026

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 Medium Density Residential · R3 (Newcastle Local Environmental Plan 2012). Official parcel area about 401 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 $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. No recorded off-street parking — often a discount versus the suburb median for the same beds.

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 Medium Density Residential · R3 (Newcastle Local Environmental Plan 2012). Official parcel area about 401 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 Medium Density Residential · R3 (Newcastle Local Environmental Plan 2012). Official parcel area about 401 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

Waratah in one glance

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.

See the full Waratah report →

Keep researching

  • Why Waratah? Read the area thesis →
  • What else is on the market in Waratah →
  • Other records on Grove St →

Listing material

Listed by LaneCampos

The Charming Classic

Behind its charming façade, this home feels instantly welcoming, warm, familiar, and easy to make your own over time.

High ceilings and timber floors bring a quiet sense of character, while the living room centres around a decorative fireplace that gives the space its heart. The kitchen and dining sit open and connected, with natural light filtering through and doors that lead you straight out to the garden. It's simple, functional, and comfortable.

Out the back, a wide lawn and established jacaranda tree shades the brick patio and invites slow afternoons and relaxed evenings. Whether gathered around a fire, watching kids play, or considering future projects, this space welcomes you to settle in.

Read the full description

What You'll Love

-- Classic street presence with a welcoming front porch and fresh timber decking

-- High ceilings and timber floors that bring warmth and character throughout

-- Spacious living room with split system air conditioning

-- Functional kitchen and dining zone with direct connection to the backyard

-- Three well-sized bedrooms, each with ceiling fans and built-in robes

-- Neat bathroom with full-size bath and overhead shower

-- Internal laundry with practical layout and storage potential

-- Gas bayonet in the lounge for additional heating

-- Large backyard with shed and plenty of space to extend or enhance

-- Private brick patio, perfect for entertaining or relaxed evenings outdoors

Your New Neighbourhood

-- Waratah Public School: 9min walk (600m)

-- Callaghan College Waratah Campus: 9min walk (850m)

-- Callaghan College Jesmond Senior Campus: 7min drive (3.9km)

-- Waratah Village: 3min drive or 12min walk (1.1km)

-- Mater Hospital: 8min walk (500m)

-- Mayfield main road shops and cafes: 5min drive or 20min walk (2.2km)

-- Georgetown main road shops and cafes: 14min walk (1.1km)

-- Newcastle CBD and beaches: 15min drive (6.4km)

-- Waratah Train Station: 8min walk (600m)

-- Approx. weekly rental return: in the vicinity of $670

-- Approx. council rates per quarter: $604

-- Approx. water rates per third: $300 (not incl. usage)

For more information, please contact Dave Lane or Blake Forder on 4967 6770.

Disclaimer:

All information contained herein has been gathered from sources we consider reliable. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own inquiries in order to determine whether or not this information is in fact accurate.

Listing description written by Dave Lane, LaneCampos — reproduced as published, not verified by Districts.

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.