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 › Morpeth Rd
$682,000
Last sold
29 Sept 2022
4
Bedrooms
2
Bathrooms
2
Car spaces
575 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
$682,000
29 Sept 2022 · derived via latest_sale
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
-28.8%
Median sale
Suburb $958,000
+1.26 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 Elders Real Estate LambtonThe family have grown up and created many memories over the years in this home and in the ample Morpeth Road Reserve parkland opposite, but it is time for new adventures for property and the next owners. This triple fronted house design has 3 double bedrooms and a smaller 4th bedroom or study. There is a separate Lounge Room and combined Kitchen and Dining area with a family/sunroom across the back of the home. The property which is 58 years old and has had the same owners since it was built, is set on a corner block of approximately 575sqm with side access to the driveway, carport and garage.
The property has:
* 3 Double Size Bedrooms,
* 4th Smaller Bedroom or study,
* Timber Kitchen with Glass Display Cabinet over the Breakfast Bar,
* Dishwasher, Electric Freestanding Stove and Rangehood,
* Tiled Bathroom has Separate Shower and Bath,
* Toilet is separate with hand basin,
* Good size lounge room overlooking the Reserve opposite,
* Kitchen next to Dining Area,
* Dishwasher, Range Hood, Electric Stove,
* Pantry, Wall Cupboards and Under Bench Cupboards,
* Split System Air Conditioner,
* Wall Style Air conditioner,
* Sunroom/Family with Sliding door to outside,
* Laundry with Shower and extra separate toilet,
* Side Driveway Access to Garage and Carport,
* Deep Garage with Workshop/Bench Space area,
* Good Size Yard with covered Entertaining area.
The off leash dog park in Acacia Avenue is just a few minutes walk away and the park across the road makes an excellent playground or family picnic area.
The park has a Children's Play Ground, and an set of Goal posts in the large open grassed area. It is an excellent family area to spend time with the kids.
The property is not far from the Mater Hospital and the University of Newcastle also John Hunter Hospital is handy. It would be about a 12min drive to Newcastle CBD and buses are available on Newcastle Road. This home is conveniently located and in a quiet friendly neighbourhood. Well worth a look if you are after a convenient, much loved family home, looking for new owners to add their own touches and make it their own.
Ring or email anytime to arrange a viewing.
Listing description written by Sue Odgers, Elders Real Estate Lambton — reproduced as published, not verified by Districts.