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NSW › Wallsend › Lake Rd

13 Lake Rd, Wallsend NSW 2287

House

$850,000

Last sold

28 July 2026

4

Bedrooms

1

Bathrooms

2

Car spaces

649 m²

Land

117 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $850,000 (28 July 2026).(Recorded sale)
  • CalculationLand 649 m² against a 117 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Wallsend (last 5 years) with land size: median $1,599/m² of land (n=118). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.
  • FactZoned Public Recreation (RE1) under the Newcastle Local Environmental Plan 2012.(NSW ePlanning Spatial Viewer · 31 Aug 2026)

What could make it worth less?

  • FactItem - Landscape touches the boundary of this parcel in the official layer.(NSW ePlanning Spatial Viewer · 31 Aug 2026)

What should you verify next?

  1. 1Item - Landscape touches the parcel boundary — verify the mapped extent against the title / planning certificate before relying on unaffected land.

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

$850,000

28 July 2026 · derived via latest_sale

Local land rate: recorded House sales in Wallsend (last 5 years) with land size have a median of $1,599/m² of land (n=118). Districts calculation from recorded sales — not a valuation.

Wallsend at a glance

14,084

People

$900,000

Median sale

$591/wk

Median rent

3.41%

Suburb gross yield

Median sale from 102 recorded sales (last 12 months) — a Districts calculation.

See the full Wallsend report →

Vs Wallsend

-5.6%

Median sale

Suburb $900,000

+0.21 pp

Gross yield

Suburb 3.41%

Suburb median $900,000 from 102 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

Newcastle Local Environmental Plan 2012

Zone

Public Recreation

RE1

Jurisdiction

Newcastle

Newcastle, NSW

Planning overlays

  • heightDetected
  • Item - LandscapeTouches boundary — verify against title

Planning constraints

  • 1110
  • 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: 103975966

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

Touches boundary — official

The official layer maps a heritage listed area touching the boundary of this parcel — at the edge, not across it (NSW ePlanning Spatial Viewer, retrieved 31 Aug 2026). Verify the mapped extent against the title before relying on it either way — this is not an all-clear.

Records

Property history

  1. Sold$850,00028 July 2026
  2. Listedprice unknowncompleted28 May 2026
  3. Listedprice unknowncompleted28 May 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 Public Recreation · RE1 (Newcastle Local Environmental Plan 2012). Official parcel area about 651 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. 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 $591/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

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.”

Read more

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

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 Public Recreation · RE1 (Newcastle Local Environmental Plan 2012). Official parcel area about 651 m². Dual occupancy is not confirmed from the controls loaded for this lot. 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

    Official parcel about 651 m² — land size can look like optionality. 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

Wallsend in one glance

Wallsend at a glance

14,084

People

$900,000

Median sale

$591/wk

Median rent

3.41%

Suburb gross yield

Median sale from 102 recorded sales (last 12 months) — a Districts calculation.

See the full Wallsend report →

Keep researching

  • Why Wallsend? Read the area thesis →
  • What else is on the market in Wallsend →
  • Other records on Lake Rd →

Listing material

Listed by Wilton Lemke Stewart

Spacious Family Home Backing Onto Parklands

Positioned on a generous block backing directly onto peaceful parkland, 13 Lake Road, Wallsend presents an outstanding opportunity for buyers seeking space, functionality and exciting future potential in a highly convenient location.

Set on a sizeable parcel with a driveway and access through to the rear, the property offers superb flexibility for families, investors, tradies or buyers looking to further enhance or redevelop the site in the future (STCA). Whether you are looking to move straight in, renovate over time, add further improvements or explore future development potential, this is a property packed with opportunity.

At the heart of the home is the updated kitchen featuring ample bench space, plenty of storage, dishwasher and breakfast bar seating, all seamlessly connecting to the open plan dining area and covered alfresco for easy everyday living and entertaining.

Read the full description

Offering four well-sized bedrooms, several with built-in wardrobes, the home provides versatility for families, guests or those working from home. The original bathroom has been neatly maintained and includes a separate bath and shower, while ducted air conditioning and ceiling fans ensure year-round comfort.

Stepping outside, the backyard is a standout feature with direct access and tranquil outlooks over adjoining parkland, creating a peaceful and private setting rarely found in such a convenient location. The oversized detached double garage, expansive yard space and additional off-street parking further enhance the property's appeal and future possibilities.

- Generous block backing directly onto peaceful parkland

- Exciting future renovation, extension or development potential (STCA)

- Four spacious bedrooms, all with built-in wardrobes

- Multiple living and dining areas with flexible floorplan

- Polished timber floorboards throughout

- Updated kitchen with dishwasher, breakfast bar and ample storage

- Original bathroom in tidy condition with separate bath and shower

- Ducted air conditioning and ceiling fans for year-round comfort

- Oversized detached double garage with additional off-street parking

- Wide driveway and excellent access through to the rear yard

- Convenient location close to schools, shops, transport and the M1 Motorway

Council Rates: Approx. $2,180 p/a

Water Rates: Approx. $963 p/a

Estimated Rental Return: $680 - $720 per week

Disclaimer:

All information provided by Wilton Lemke Stewart in the marketing of a property for sale or lease has been sourced from various third-party outlets that we deem reliable. Nonetheless, Wilton Lemke Stewart cannot ensure its absolute accuracy, and we bear no responsibility and disclaim all liability for any errors, omissions, inaccuracies, or misstatements in the information provided. Prospective buyers and tenants are encouraged to conduct their own due diligence and rely on their own investigations. All images, measurements, diagrams, renderings, and data are indicative and for illustrative purposes only, subject to potential changes.

Listing description written by James English, Wilton Lemke Stewart — 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.