Charlestown at a glance
14,377
People
$1,100,000
Median sale
$692/wk
Median rent
3.27%
Suburb gross yield
Median sale from 71 recorded sales (last 12 months) — a Districts calculation.
NSW › Charlestown › Edward St
$1,400,000
Last sold
30 Sept 2025
4
Bedrooms
2
Bathrooms
1
Car spaces
581.7 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
$1,400,000
30 Sept 2025 · derived via latest_sale
Local land rate: recorded House sales in Charlestown (last 5 years) with land size have a median of $1,703/m² of land (n=104). Districts calculation from recorded sales — not a valuation.
Charlestown at a glance
14,377
People
$1,100,000
Median sale
$692/wk
Median rent
3.27%
Suburb gross yield
Median sale from 71 recorded sales (last 12 months) — a Districts calculation.
Vs Charlestown
+27.3%
Median sale
Suburb $1,100,000
-0.70 pp
Gross yield
Suburb 3.27%
Suburb median $1,100,000 from 71 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 $692/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
Charlestown at a glance
14,377
People
$1,100,000
Median sale
$692/wk
Median rent
3.27%
Suburb gross yield
Median sale from 71 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Property AlchemyThis unique property with two addresses offers two homes in one, allowing flexible living arrangements and a potential double income stream, located in a lovely area close to schools, shops, transport, and just 15 minutes from Newcastle CBD.
The main home at 2 Edward Street has been recently renovated with two bedrooms plus a study, one bathroom, a carport, separate powder room, laundry, sophisticated kitchen with Caesarstone benchtops and a gas cooktop, ducted air conditioning, and a large lounge and dining room. There is also a front porch overlooking the fully fenced yard for the kids and pets to play in.
Positioned on a corner block, the second home at 3C Princes Avenue has a separate street frontage, two bedrooms, one bathroom, a laundry, modern kitchen, second toilet, fully fenced yard, and an open plan living area with air conditioning. This home is rented at $650pw until 16th January 2026. While the main home is currently vacant, it can also achieve $650pw in rent offering a combined income of $1,300 per week.
There are many options available here making this a sound investment. The clever design allows for each home to be rented separately, or you could live in one home and rent out the other. Whether you are searching for a home plus income, or looking to add to your investment portfolio, the flexibility this property presents means you can tailor it specifically to your needs.
- Main home: 2 Edward Street
- Recently renovated
- Spacious lounge and dining room
- Elegant kitchen with premium appliances
- 2 bedrooms plus study
- Ducted air conditioning
- Carport and garden shed
- Fully fenced grassed yard
- Front porch
- Built-in robes and plush carpet in both bedrooms
- Bathroom and a second powder room
- Separate internal laundry
- Currently vacant but can achieve $650pw in rent
- Second home: 3C Princes Avenue
- Separate entrance on corner block
- Spacious living room with air conditioning
- Modern kitchen with stainless steel appliances
- Bathroom plus a second toilet for convenience
- European laundry
- Ceiling fans and built-in robes in both bedrooms
- Covered outdoor entertaining area
- Private fully fenced yard
- Front gates wide enough for vehicle access
- Rented at $650pw until 16th January 2026
Location
- 180m from the bus stop
- 400m from Kahibah Sports Club and Go Kindy Childcare Centre
- 450m from Kahibah Road Grocer
- 950m from St Joseph's Primary School
- 1km from Charlestown Public School
- 1.3km from major shopping at Charlestown Square
- 1.4km from Whitebridge High
- 14 min drive from John Hunter Hospital
- 15 min drive from Newcastle CBD
Council Rates $699.84 pq
Water Rates $327.90 pq
Listing description written by Belinda Urquhart, Property Alchemy — reproduced as published, not verified by Districts.