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 › Parkhill Pde
$830,000
Last sold
20 Aug 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
575 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
No verification items generated for this record.
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
$830,000
20 Aug 2024 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded House sales in Waratah West (last 5 years) with land size have a median of $1,599/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
-13.4%
Median sale
Suburb $958,000
+0.48 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 scheme
Newcastle Local Environmental Plan 2012
Zone
Low Density Residential
R2
Jurisdiction
Newcastle
Newcastle, NSW
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.
The official layer was queried and no heritage listed area was detected on this parcel (NSW ePlanning Spatial Viewer, retrieved 1 Sept 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
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 Low Density Residential · R2 (Newcastle Local Environmental Plan 2012). Official parcel area about 574 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. If the dual occupancy pathway survives a planner’s check, this lot can outperform a same-suburb house that is hold-as-is only. That is not a forecast. 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.” 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
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
This looks more compelling as a land / capital-growth play than a pure yield play — if the dual occupancy pathway survives a planner’s check.
Detail
Zoned Low Density Residential · R2 (Newcastle Local Environmental Plan 2012). Official parcel area about 574 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Achieved rent for this address has not been inferred. Gross yield on advertising copy is not the deal.
Nearby DA pipeline is unknown, so neighbourhood change is not in this verdict.
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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Low Density Residential · R2 (Newcastle Local Environmental Plan 2012). Official parcel area about 574 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. 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?
KnownmediumNo 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
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
UnknownNo DA adapter returned applications 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 Dowling Property Newcastle & The HunterThis feature packed fully renovated family home provides the astute buyer a wonderful opportunity to buy into the sought after, family friendly suburb of Waratah West.
Welcome to 20 Parkhill Parade, Waratah West.
You will be instantly impressed by open plan living, the white bright spaces, the location and the multiple features on offer all whilst being perfectly positioned; this property showcases the location, lifestyle & the convenience of the 2298 postcode by being just 10 minute walk to Newcastle University or the zoned Waratah West Public school, an 18 minute drive to Newcastle Beach & in close proximity to local amenities including North Lambton's off leash Dog Park.
Offering a generous 575sqm block, you will be instantly impressed with the practicality of the floorplan, the generous spaces, as well as the downstairs teenagers retreat which is perfect for that extra family member or utilise the space for those weekend guests.
Features Include:
-Beautifully renovated kitchen with island bench, which is utilised for extra dining space, dishwasher, double sink, electric oven, electric cooktop and rangehood as well as plenty of cupboard space
- Open plan lounge and dining areas with ceiling fan and split system AC
- floating flooring throughout – white, bright with downlights throughout
- Master bedroom with built-in, ceiling fan and new carpet
- Bedroom 2 with new carpet and ceiling fan
- Bedroom 3 with ceiling fan
- Main bathroom with floor to ceiling tiles, shower with recessed storage as well as WC and vanity
- Teenagers retreat downstairs with newly renovated bathroom with combined laundry area
- Utilities room with underneath storage
- Side access for the boat or caravan or add value with a granny flat STCA
- Rear workshop | Single car carport + additional off street parking
- 3kw Solar Panels | Solar hot water system
- Grassed area perfect for the kids to play
Extras:
- Council Rates - $514.00 Per Quarter Approx.
- Water Rates - $250 P/C + Usage Approx.
- Return - $650.00 per week
- Zoned for Waratah West Public School | Callaghan College Waratah Campus
Contact Listing agent Rob McCorriston Today on 0406 121 166 or email rob@dowlingnewcastlehunter.com.au for further information
Need your property Sold? Contact 5 Star Reviewed Rob McCorriston on 0406 121 166 for a Free Property Appraisal today.
Disclaimer: All information contained herein is gathered from sources we deem reliable. Nonetheless, we cannot guarantee the information's accuracy and act as a messenger only in passing on information. Interested parties should rely on their own enquiries. Some of our properties are marketed from time to time without price guide at the owner's 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 Rob McCorriston, Dowling Property Newcastle & The Hunter — reproduced as published, not verified by Districts.