Wickham at a glance
2,008
People
$1,125,000
Median sale
$705/wk
Median rent
3.26%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
$1,500,000
Last sold
4 Aug 2023
3
Bedrooms
2
Bathrooms
2
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
$1,500,000
4 Aug 2023 · derived via latest_sale
Local land rate: recorded House sales in Wickham (last 5 years) with land size have a median of $4,938/m² of land (n=22). Districts calculation from recorded sales — not a valuation.
Wickham at a glance
2,008
People
$1,125,000
Median sale
$705/wk
Median rent
3.26%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Vs Wickham
+33.3%
Median sale
Suburb $1,125,000
-0.82 pp
Gross yield
Suburb 3.26%
Suburb median $1,125,000 from 5 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 $705/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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
UnknownArea
Wickham at a glance
2,008
People
$1,125,000
Median sale
$705/wk
Median rent
3.26%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Presence Real EstateIn the heart of inner-city Wickham and only a stone's throw from Newcastle Interchange, this property presents an exceptional opportunity to acquire a high-profile corner lot in one of Newcastle's most tightly held precincts. The building is currently tenanted as a display suite for Bowline Apartments until December 2023, yielding $5.5k per month, after which time the brick home can be returned to its original use as a residential dwelling or developed for commercial and mixed-use.
Whether you're wanting to reside in this vibrant harbourside neighbourhood, fit out the period home as a convenient commercial office while maintaining some of the charming original features, or undertake a two-storey mixed-use development with commercial space at ground level and up to two apartments above (STCA), the opportunities are limited only by your imagination.
With a grocery store and lively café scene on your doorstep, Newcastle CBD within walking distance and exceptional access to light rail, train, and bus transport to take you to Sydney or Newcastle Beach, you might never get stuck in traffic again.
- 303.6m2 corner block (approx. 10.06m x 30.18m)
- Zoned B3 Mixed Use allowing for commercial or residential use
- North facing rear with off street parking for 2 cars
- Ideal to be fitted out as medical, creative or financial suites etc.
- Suitable for owner occupiers, developers or investors
- 100m to café and grocery store, 500m to Newcastle Cruising Yacht Club, 850m to Marketown Shopping Centre, 1km to Honeysuckle restaurant precinct, 1.3km to Newcastle University city campus
- Footsteps to light rail where you can jump on a tram and ride the 2.7km to the beach
Outgoings:
Council rates - $10,048.12 approx. per annum
Water Rates - $865.53 approx. per annum
Lease expiry date: December 2023
***Health & Safety Measures are in Place for Open Homes & All Private Inspections
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. Some of our properties are marketed from time to time without price guide at the vendors request. This website may have filtered the property into a price bracket for website functionality purposes. 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 Peter Neskovski, Presence Real Estate — reproduced as published, not verified by Districts.
NSW 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.