Carrington at a glance
2,266
People
$990,000
Median sale
$733/wk
Median rent
3.85%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
NSW › Carrington › Young St
$2,530,000
Last sold
31 July 2026
7
Bedrooms
3
Bathrooms
5
Car spaces
556 m²
Land
Districts View
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
$2,530,000
31 July 2026 · derived via latest_sale
Local land rate: recorded House sales in Carrington (last 5 years) with land size have a median of $4,330/m² of land (n=66). Districts calculation from recorded sales — not a valuation.
Carrington at a glance
2,266
People
$990,000
Median sale
$733/wk
Median rent
3.85%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Vs Carrington
+155.6%
Median sale
Suburb $990,000
-2.34 pp
Gross yield
Suburb 3.85%
Suburb median $990,000 from 25 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Newcastle Local Environmental Plan 2012
Zone
Local Centre
E1
Jurisdiction
Newcastle
Newcastle, NSW
Not detected
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.
The official layer maps a heritage listed area on this parcel, intersecting about 99.7% of it (NSW ePlanning Spatial Viewer, retrieved 30 Aug 2026). Verify the extent against the title before relying on unaffected land.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWZoned Local Centre · E1 (Newcastle Local Environmental Plan 2012). Official parcel area about 552 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks unlikely on the loaded constraints. 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.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Heritage constraint may block demolition or dual occupancy even on a large block. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. The listing may look cheap relative to land or the street. What reduces it: Item - General. Heritage can block demolition and dual occupancy even when land size looks like a site. 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 $733/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. Heritage constraints are a maintenance and alteration cost, not usually a rent premium by themselves.
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
Loaded constraints look like they kill a naive land-size story. Pay house money, or walk, until a planner confirms a pathway.
Detail
The listing may look cheap relative to land or the street. What reduces it: Item - General. Heritage can block demolition and dual occupancy even when land size looks like a site.
Nearby competing dwellings and net yield are still unknown.
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.
4 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Local Centre · E1 (Newcastle Local Environmental Plan 2012). Official parcel area about 552 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks unlikely on the loaded constraints. This is a screen, not a planning certificate.
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?
KnownmediumThe listing may look cheap relative to land or the street. What reduces it: Item - General. Heritage can block demolition and dual occupancy even when land size looks like a site.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
KnownmediumNo development applications were returned for this parcel. That is not a statement about nearby lots.
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
Carrington at a glance
2,266
People
$990,000
Median sale
$733/wk
Median rent
3.85%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Wilton Lemke StewartAn incredible opportunity to secure a piece of Newcastle's History; this historic building has been meticulously maintained and offers, what would only be the fifth owner the chance to relocate their business into this stand out heritage building. The rich history of the building has ranged from one of Newcastle's original pubs, later a boarding house & restaurant before becoming the home of Newcastle Stevedores for many years.
Its strategic position ensures maximum exposure to potential customers, guaranteeing a steady stream of business opportunities. This property lends itself to both the owner occupier looking to relocate their business into this outstanding location or the savvy investor looking for prime inner city real estate. Mixed use opportunity in E1 Local Centre zoning (STCA) being sold as vacant possession.
- Total potential income $144,000 gross per annum + outgoings
- The original Oriental Hotel Established in 1885
- Iconic heritage building with mixed use opportunity in E1 Local Centre zoning (STCA)
- Featuring 7 Offices Spaces, Boardroom & Training rooms
- 5 Secure Off- Street parking with rear lane access
- Kitchen & Lunchroom amenities & Bathrooms on each level
- Alfresco entertaining area for large work gatherings
- 556m2 Block in the heart of Carrington CBD
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 Nick Stewart, Wilton Lemke Stewart — reproduced as published, not verified by Districts.