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NSW › Adamstown Heights › Princeton Ave

20 Princeton Ave, Adamstown Heights NSW 2289

House

$1,140,000

Last sold

10 July 2024

4

Bedrooms

2

Bathrooms

2

Car spaces

559 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,140,000 (10 July 2024).(Recorded sale)
  • FactLand 559 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Adamstown Heights (last 5 years) with land size: median $1,824/m² of land (n=142). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Medium Density Residential (R3) under the Newcastle Local Environmental Plan 2012.(NSW ePlanning Spatial Viewer · 2 Sept 2026)

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

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

What this lot has actually traded at

Last sold

$1,140,000

10 July 2024 · derived via latest_sale

Local land rate: recorded House sales in Adamstown Heights (last 5 years) with land size have a median of $1,824/m² of land (n=142). Districts calculation from recorded sales — not a valuation.

Adamstown Heights at a glance

5,733

People

$1,385,000

Median sale

$848/wk

Median rent

3.18%

Suburb gross yield

Median sale from 34 recorded sales (last 12 months) — a Districts calculation.

See the full Adamstown Heights report →

Vs Adamstown Heights

-17.7%

Median sale

Suburb $1,385,000

+0.69 pp

Gross yield

Suburb 3.18%

Suburb median $1,385,000 from 34 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

Newcastle Local Environmental Plan 2012

Zone

Medium Density Residential

R3

Jurisdiction

Newcastle

Newcastle, NSW

Planning overlays

  • heightDetected
  • heritageNot detected

Planning constraints

  • 1110

Development activity

Not detected

Source

  • Provider: NSW ePlanning Spatial Viewer
  • Dataset: Planning Portal Principal Planning — Land Zoning Map
  • Retrieved: 2 Sept 2026
  • Version: 1
  • Parcel: 100713352

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not detected — official

The official layer was queried and no heritage listed area was detected on this parcel (NSW ePlanning Spatial Viewer, retrieved 2 Sept 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.

Records

Property history

  1. Sold$1,140,00010 July 2024
  2. Listedprice unknowncompleted5 June 2024
  3. Listedprice unknowncompleted5 June 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned Medium Density Residential · R3 (Newcastle Local Environmental Plan 2012). Official parcel area about 561 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $848/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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 Medium Density Residential · R3 (Newcastle Local Environmental Plan 2012). Official parcel area about 561 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.

Read more

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

What is known for this property

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

    Knownmedium

    Zoned Medium Density Residential · R3 (Newcastle Local Environmental Plan 2012). Official parcel area about 561 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

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownmedium

    No 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

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Knownmedium

    No development applications were returned for this parcel. That is not a statement about nearby lots.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

Adamstown Heights in one glance

Adamstown Heights at a glance

5,733

People

$1,385,000

Median sale

$848/wk

Median rent

3.18%

Suburb gross yield

Median sale from 34 recorded sales (last 12 months) — a Districts calculation.

See the full Adamstown Heights report →

Keep researching

  • Why Adamstown Heights? Read the area thesis →
  • What else is on the market in Adamstown Heights →
  • Other records on Princeton Ave →

Listing material

Listed by Harcourts Newcastle

Updated Family Home In Super Convenient Location

Situated a short walk from Westfield Kotara, this lovely home delivers modern family living within a spacious, versatile layout, conveniently positioned to provide easy access to schools, parks and every possible essential within Kotara's surrounding shopping hub.

Recently updated, the home reveals a fresh, inviting interior, where every need is catered to. Across two levels, there are multiple separate living areas, designed to provide seamless versatility to a busy family where everyone wants their own space. Looking out over leafy surrounds, the upper level flaunts a large living room, family dining and gorgeous sunroom, connected to a tastefully appointed kitchen. There are four bedrooms on this level - or three bedrooms and a study - serviced by an exquisite new bathroom. Downstairs, further flexi living space is joined by a second bathroom. From here, the space opens out to a sizeable yard, which is grassy, easy to care for - and packed with potential!

Quiet yet convenient, the property is great for those who love exploring the great outdoors, with the Fernleigh Track, Glenrock Reserve and a number of beaches all moments from the front door. Of an evening, it's a short stroll to Kotara's Rooftop restaurants, while the run into Newcastle's vibrant dining and small bar scene takes less than 15 minutes.

Read the full description

- Superb flexibility through spacious family home, laid out over two generous levels

- Modern neutrals and new floors through large living room, family dining and sunroom

- Leafy, elevated outlook framed by wall of windows within expansive sunroom

- Attractive kitchen boasts Caesarstone benches, modern appliances, plentiful storage and curved breakfast bar

- Four well-proportioned bedrooms (three with built-in robe, fourth could also function as study)

- Polished new bathroom in three-way design, feat. dual vanity, quality appliances throughout - bath, walk-in shower with rainhead attachment, and enclosed WC

- Versatile lower-level living space and second bathroom/laundry opens to easy-care backyard

- Ducted AC ensures home remains comfortable year-round

- Double garage and storage beneath home, with plentiful parking on driveway

- Walk to Homemaker Centre and Westfield Kotara's shops, dining and entertainment, 24 hour fitness facility

- Close to public and private schools (Belair Primary School, Kotara High), parks, childcare and Kotara Station

- Less than 15 minutes' drive to Newcastle CBD (6.7km)

* This information has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.

Listing description written by Luke Wilson, Harcourts Newcastle — reproduced as published, not verified by Districts.

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Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.