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.
NSW › Waratah West › Marcus St
$740,000
Last sold
30 Apr 2024
2
Bedrooms
2
Bathrooms
1
Car spaces
257.8 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
$740,000
30 Apr 2024 · 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.
Vs Waratah West
-22.8%
Median sale
Suburb $958,000
+0.92 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 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 $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.
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
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.
Listing material
Listed by Clarke & Co Estate AgentsProperty Highlights:
- Ideally located townhouse, centrally located to Newcastle Uni, Mater Hospital and Newcastle CBD / beaches.
- Spacious light filled open plan living/dining area with split system air conditioning and a soaring pitched ceiling.
- Large kitchen with ample storage, 40mm laminate benchtops, gas cooking + quality appliances.
- Two bedrooms, both with ceiling fans and built-in robes, the master with a private balcony with sweeping views.
- Two bathrooms and a dedicated laundry for ultimate convenience.
- Quality tiles and carpet, high ceilings + LED downlighting throughout.
- Split system air conditioning, ceiling fans + instant gas hot water.
- Low maintenance backyard with an Ekodeck.
- Attached single car garage with internal access + a garden shed.
Outgoings:
Council Rates: $1,884 approx. per annum
Water Rates: $811.98 approx. per annum
Rental Return: $600 approx. per week
Ideally located in the well positioned suburb of Waratah West, stands this lovely, low-maintenance home, offering the ideal start for the first home buyer, or clever purchase for the keen investor.
Waratah West is an established suburb that enjoys easy access to Newcastle Uni and the Mater Hospital within minutes, coupled with a short 15 minute drive to the city lights and beaches of Newcastle CBD, it's no wonder this suburb is so sought after by home seekers and investors alike!
Arriving at the home, an appealing Weatherboard and Colorbond roof façade coupled with a tiled front porch, a grassed front lawn, and established gardens offer plenty of curb appeal. In addition, you'll find a driveway that leads to the attached single car garage that provides internal access to the home.
On the upper floor, you'll find two bedrooms, both featuring ceiling fans, built-in robes and premium carpet offering a cosy feel underfoot, with the master enjoying direct access to its own balcony. Servicing these rooms is the main bathroom which includes a handy corner bath/shower combination.
The ground floor boasts a lovely light filled floor plan, with high ceilings, LED downlights and a spacious open plan living, dining and kitchen area that features a striking pitched ceiling in the living room, adding an extra sense of space and style.
Generous in size, the open plan design provides plenty of space for your living and dining zones and also features a ceiling fan and split system air conditioning, ensuring you'll relax in comfort during all seasons.
The sunlit kitchen offers plenty of storage in the surrounding cabinetry, 40mm laminate benchtops, and quality appliances including a freestanding Chef oven with a 4 burner gas cooktop, a Tuscany range hood, plus a Dishlex dishwasher, set to make cleaning up a breeze. Also located on this floor is a dedicated laundry room, with an additional bathroom for extra convenience.
A glass sliding door opens out to the yard where you will find an Ekodeck and a garden shed for extra storage. The low maintenance yard is currently graveled, however, could be converted into a grassed yard should you choose.
Offering low maintenance living without having to compromise on space, all set within such a convenient location, this home is certain to draw a large volume of interest. We encourage our clients to secure their inspections with the team at Clarke & Co Estate Agents without delay.
Why you'll love where you live;
- 4 minute drive or walking distance to the University of Newcastle.
- Minutes by car to the Mater Hospital.
- 5 minutes to the Waratah shopping complex, offering all your everyday needs within easy reach.
- 5 minutes by car to Waratah train station.
- 15 minute drive to the city lights and beaches of Newcastle CBD.
***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 Nick Clarke, Clarke & Co Estate Agents — reproduced as published, not verified by Districts.