Gateshead at a glance
3,210
People
$835,000
Median sale
$519/wk
Median rent
3.23%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
NSW › Gateshead › O Brien St
$940,000
Last sold
17 Mar 2026
3
Bedrooms
1
Bathrooms
2
Car spaces
664 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
$940,000
17 Mar 2026 · derived via latest_sale
Local land rate: recorded House sales in Gateshead (last 5 years) with land size have a median of $1,195/m² of land (n=64). Districts calculation from recorded sales — not a valuation.
Gateshead at a glance
3,210
People
$835,000
Median sale
$519/wk
Median rent
3.23%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Vs Gateshead
+12.6%
Median sale
Suburb $835,000
-0.36 pp
Gross yield
Suburb 3.23%
Suburb median $835,000 from 12 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Lake Macquarie Local Environmental Plan 2014
Zone
Medium Density Residential
R3
Jurisdiction
Lake Macquarie
Lake Macquarie, NSW
Not detected
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 30 Aug 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 Medium Density Residential · R3 (Lake Macquarie Local Environmental Plan 2014). Official parcel area about 673 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 $519/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 Medium Density Residential · R3 (Lake Macquarie Local Environmental Plan 2014). Official parcel area about 673 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.
4 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Medium Density Residential · R3 (Lake Macquarie Local Environmental Plan 2014). Official parcel area about 673 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?
KnownmediumOfficial parcel about 673 m² — land size can look like optionality. 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
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
KnownmediumNo development applications were returned for this parcel. That is not a statement about nearby lots.
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
Gateshead at a glance
3,210
People
$835,000
Median sale
$519/wk
Median rent
3.23%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by SOLD Real EstateStep into a home where charm, opportunity and location come together in one incredibly appealing package. Positioned proudly on the high side of ever-popular Gateshead, this delightful cottage immediately welcomes you with timeless character and warmth, while offering a future filled with possibilities for growing families, first home buyers and savvy investors alike.
From the moment you arrive, the home's classic cottage façade sets the tone for what awaits inside. Step through the door and you are greeted by beautiful hardwood timber floorboards underfoot, soaring ceilings above, decorative cornices, and a charming character fireplace that anchors the living space with warmth and personality. It is the kind of home that feels inviting the moment you walk in, comfortable today, yet brimming with opportunity to add even more value over time.
Picture slow Sunday mornings filled with natural light streaming through the windows, cool sea breezes drifting in from the nearby coast, and afternoons spent entertaining friends and family while kids and pets run freely through the enormous backyard. With its prized north-west facing orientation, the home captures beautiful winter sun while enjoying refreshing summer breezes, creating an environment that feels comfortable all year round.
The layout offers practical everyday living with multiple bedrooms, comfortable living spaces and a functional kitchen and dining zone, while the outdoor space opens the door to something truly special. With a deep block and valuable side access leading into the backyard, the possibilities here are extensive, whether you're dreaming of building a large shed, adding a granny flat for additional income, installing a pool, or potentially even combining all three (STCA).
Beyond the home itself, the location is where Gateshead truly shines. This is a suburb that buyers are increasingly recognising as one of the region's smartest lifestyle and investment choices. Just minutes from Charlestown Square, close to top schooling options and only a short drive to stunning beaches like Redhead and Dudley, this address places you right in the middle of everything people love about Lake Macquarie living.
• Charming cottage façade with timeless street appeal and welcoming entry
• Beautiful hardwood timber floorboards flowing throughout the home
• Character fireplace creating a warm and inviting living space
• High ceilings and decorative cornices adding classic cottage charm
• Spacious lounge room filled with natural light and character features
• Functional kitchen positioned beside dining area for everyday convenience
• Three comfortable bedrooms offering flexibility for families or guests
• Split system air conditioning in the living room and third bedroom for comfort
• Freshly painted interior and exterior creating a clean, move-in ready feel
• New sheer curtains and blinds providing a soft modern finish throughout
• Functional family bathroom plus separate toilet for practicality
• Separate laundry space with additional storage and access outdoors
• Large north-west facing backyard capturing sun and cooling sea breezes
• Expansive block offering room for future improvements or extensions
• Valuable side access allowing vehicles to drive directly into backyard
• Potential space for granny flat, pool or large shed (STCA)
• Detached double garage providing secure parking and storage
• Opportunity to renovate further and increase value over time
For first home buyers, this is an incredibly exciting opportunity to secure an affordable home in a suburb that continues to grow in popularity and demand. With great bones, beautiful character features and huge upside potential, it is the perfect starting point for buyers wanting to create something truly special.
For investors, the property presents clear value-add potential through renovation or the addition of a granny flat (STCA), creating the possibility of strong future rental returns in a suburb where demand continues to rise.
For renovators and flippers, the location alone makes this a compelling opportunity. Gateshead's proximity to the coast, Charlestown's retail hub and Newcastle CBD continues to drive buyer demand for well-presented homes in this area.
Life here is all about convenience and lifestyle. Charlestown Square's shopping, dining and entertainment options are just minutes away, while excellent schooling options including St Paul's Primary School, St Mary's Catholic College and Hunter Sports High School are all close by. Beautiful beaches like Redhead and Dudley are only a short drive away, and Lake Macquarie's foreshore and recreational lifestyle are right at your fingertips.
With Lake Macquarie Private Hospital nearby and excellent access to the bypass and major transport routes, this is a location that suits everyone from young families through to retirees seeking convenience and lifestyle.
Opportunities like this are becoming harder to find, character homes with large blocks, future development potential and such a central location are exactly what buyers are chasing right now.
The high side of Gateshead continues to grow in demand, and once you experience the lifestyle and convenience on offer here, it is easy to understand why.
This is your chance to secure a charming home today, with the potential to create something even greater tomorrow.
Come & Besold...
*All information provided is believed to be reliable but is not guaranteed. SOLD Real Estate and its representatives make no representation as to its accuracy and interested parties should rely on their own enquiries. Any development potential or future use is subject to council approval.
Listing description written by Ben Casey, SOLD Real Estate — reproduced as published, not verified by Districts.