West Wallsend at a glance
3,047
People
$860,000
Median sale
$650/wk
Median rent
3.93%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
NSW › West Wallsend › Wallsend Rd
$355,000
Last sold
23 Nov 2020
2
Bedrooms
1
Bathrooms
0
Car spaces
304 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
$355,000
23 Nov 2020 · derived via latest_sale
Local land rate: recorded House sales in West Wallsend (last 5 years) with land size have a median of $1,342/m² of land (n=104). Districts calculation from recorded sales — not a valuation.
West Wallsend at a glance
3,047
People
$860,000
Median sale
$650/wk
Median rent
3.93%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Vs West Wallsend
-58.7%
Median sale
Suburb $860,000
+5.59 pp
Gross yield
Suburb 3.93%
Suburb median $860,000 from 27 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 $650/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
West Wallsend at a glance
3,047
People
$860,000
Median sale
$650/wk
Median rent
3.93%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate Lake MacquarieOften sought but seldom found is this affordable 2-bedroom home that will appeal to the owner occupier or savvy investor looking to add to their property portfolio! Located just 2 blocks from the local Public School, 3 blocks from the main street which features the local supermarket, Pharmacy, Vets office, Workers club and more. Ladies and gentlemen... this is priced to sell so don't miss out on this golden opportunity to secure this deal.
Featuring:
- Feel nostalgic with this classic green weatherboard & tile home built in approx. 1960's
- Upon entry you are greeted with the air-conditioned combined living/dining area
- The kitchen has been refreshed with loads of storage, electric oven and looks out to the yard
- Down the hallway you will find the 2 light filled bedrooms, master includes a ceiling fan
- The bathroom is bright with a good-sized shower and vanity
- The separate laundry is a great size with shelves for storage and leads to the back yard
- Large sunlit windows throughout provide lots of natural light
- Modern neutral colours throughout so you to add your own flair
- Low maintenance fully fenced yard has a concrete section as well as grassed areas
- A good ole fashioned hills hoist and a garden shed out the back for storage
- NBN is available as per NBNco.com.au
- Potential rental return of $320 per week
- Water rates approx. $180.09 per quarter
- Land Rates approx. $400 per quarter
- Hand sanitiser will be available at each open home which must be applied as a condition of entry
- Social distancing is required at the property including when lining up at the front of the home
For further information contact West Wallsend's First Choice for real estate Troy Duncan on 4950 8555
First National Real Estate Lake Macquarie are your local experts for the Lake Macquarie and Newcastle area, we proudly market this home and are always looking for more homes to sell. If you want honest expert advice and want to achieve excellent results call us on 4950 8555.
Disclaimer: All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing.
Listing description written by Troy Duncan, First National Real Estate Lake Macquarie — reproduced as published, not verified by Districts.