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NSW › Waratah West › Morpeth Rd

12a Morpeth Rd, Waratah West NSW 2298

House

$945,000

Last sold

7 July 2026

3

Bedrooms

2

Bathrooms

1

Car spaces

523 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 $945,000 (7 July 2026).(Recorded sale)
  • FactLand 523 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Waratah West (last 5 years) with land size: median $1,597/m² of land (n=104). 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

$945,000

7 July 2026 · derived via latest_sale

Local land rate: recorded House sales in Waratah West (last 5 years) with land size have a median of $1,597/m² of land (n=104). Districts calculation from recorded sales — not a valuation.

Waratah West at a glance

3,392

People

$958,000

Median sale

$575/wk

Median rent

3.12%

Suburb gross yield

Median sale from 38 recorded sales (last 12 months) — a Districts calculation.

See the full Waratah West report →

Vs Waratah West

-1.4%

Median sale

Suburb $958,000

+0.04 pp

Gross yield

Suburb 3.12%

Suburb median $958,000 from 38 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: 172952169

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$945,0007 July 2026
  2. Listedprice unknowncompleted9 June 2026
  3. Listedprice unknowncompleted9 June 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 Low Density Residential · R2 (Newcastle Local Environmental Plan 2012). Official parcel area about 518 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 $575/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 518 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 518 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 West in one glance

Waratah West at a glance

3,392

People

$958,000

Median sale

$575/wk

Median rent

3.12%

Suburb gross yield

Median sale from 38 recorded sales (last 12 months) — a Districts calculation.

See the full Waratah West report →

Keep researching

  • Why Waratah West? Read the area thesis →
  • What else is on the market in Waratah West →
  • Other records on Morpeth Rd →

Listing material

Listed by LaneCampos

The Sleek Escape

Modern in design and thoughtfully finished throughout, this property offers the ease of contemporary living with the kind of space that's becoming increasingly difficult to find. From the secure yard and substantial shed to the generous outdoor areas and practical layout, every element has been considered to make everyday life that little bit easier.

Inside, natural light enhances the open-plan living spaces, highlighting the home's sleek lines and contemporary finishes. The kitchen is a true focal point, positioned at the centre and seamlessly connecting the living, dining, and alfresco areas. Contemporary colours and finishes create a sophisticated, stylish setting that feels fresh and vibrant. This space is ideal for those who appreciate a modern aesthetic.

Whether you're entertaining friends outdoors, watching the kids and pets make the most of the backyard, or finally having space for the tools, toys, and projects that never seem to fit anywhere else, this is a home designed to grow with you. Practical without feeling purely functional, it delivers the flexibility so many buyers are seeking without compromising comfort or style.

Read the full description

What You'll Love

-- Open-plan kitchen, living and dining spaces designed to bring everyone together

-- Covered alfresco flowing seamlessly from the main living area for easy indoor-outdoor living

-- Main bedroom complete with a walk-in robe and a private ensuite

-- Two additional bedrooms with built-in wardrobes, perfect for family, guests or a home office

-- Family bathroom featuring a full-sized bathtub and separate shower

-- Generous backyard

-- Large brick and Colorbond shed providing valuable storage, workspace or hobby potential

-- Secure fencing and gates already completed, creating a private and practical environment

-- Solar power system and solar hot water helping keep household running costs down

-- Samsung digital door lock adding convenience and peace of mind

-- Five security cameras provide additional security around the property

-- Future-ready conduits installed between the house, shed and front gate for potential upgrades

-- Single garage with internal access for everyday convenience

Your New Neighbourhood

-- Waratah Public School: 2min drive or 16min walk (1.2km)

-- Callaghan College Waratah Campus: 5min drive or 24min walk (2.4km)

-- Callaghan College Jesmond Campus: 3min drive (2.2km)

-- Acacia Avenue Fenced Dog Park: 13min walk (900m)

-- Waratah Village: 4min drive (1.6km)

-- Calvery Mater Hospital: 3min drive (1.7km)

-- Lambton Park and Pool: 2min drive or 18min walk (1km)

-- McDonald Jones Stadium: 5min drive (2.1km)

-- Newcastle CBD: 17min drive (7.4km)

-- Approx. weekly rental return: in the vicinity of $820

-- Approx. council rates per quarter: $561

-- Approx. water rates per third: $320 (not incl. usage)

For more information, please contact Dave Lane or Roland Campos 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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