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NSW › Wallsend › Thomas St

21 Thomas St, Wallsend NSW 2287

House

$672,000

Last sold

15 Jan 2025

3

Bedrooms

1

Bathrooms

1

Car spaces

506 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 $672,000 (15 Jan 2025).(Recorded sale)
  • FactLand 506 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Wallsend (last 5 years) with land size: median $1,599/m² of land (n=118). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Infrastructure (SP2) under the Newcastle Local Environmental Plan 2012.(NSW ePlanning Spatial Viewer · 31 Aug 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

$672,000

15 Jan 2025 · derived via latest_sale

Local land rate: recorded House sales in Wallsend (last 5 years) with land size have a median of $1,599/m² of land (n=118). Districts calculation from recorded sales — not a valuation.

Wallsend at a glance

14,084

People

$900,000

Median sale

$591/wk

Median rent

3.41%

Suburb gross yield

Median sale from 102 recorded sales (last 12 months) — a Districts calculation.

See the full Wallsend report →

Vs Wallsend

-25.3%

Median sale

Suburb $900,000

+1.16 pp

Gross yield

Suburb 3.41%

Suburb median $900,000 from 102 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

Newcastle Local Environmental Plan 2012

Zone

Infrastructure

SP2

Jurisdiction

Newcastle

Newcastle, NSW

Planning overlays

  • heightDetected
  • heritageNot detected

Planning constraints

  • 98.5

Development activity

Data unavailable

Source

  • Provider: NSW ePlanning Spatial Viewer
  • Dataset: Planning Portal Principal Planning — Land Zoning Map
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 100600406

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 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.

Records

Property history

  1. Sold$672,00015 Jan 2025
  2. Listedprice unknowncompleted4 Nov 2024
  3. Listedprice unknowncompleted4 Nov 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 Infrastructure · SP2 (Newcastle Local Environmental Plan 2012). Official parcel area about 508 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. 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 $591/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

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.”

Read more

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

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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned Infrastructure · SP2 (Newcastle Local Environmental Plan 2012). Official parcel area about 508 m². Dual occupancy is not confirmed from the controls loaded for this lot. 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

    Unknown

    No DA adapter returned applications for this parcel.

  • 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

Wallsend in one glance

Wallsend at a glance

14,084

People

$900,000

Median sale

$591/wk

Median rent

3.41%

Suburb gross yield

Median sale from 102 recorded sales (last 12 months) — a Districts calculation.

See the full Wallsend report →

Keep researching

  • Why Wallsend? Read the area thesis →
  • What else is on the market in Wallsend →
  • Other records on Thomas St →

Listing material

Listed by First National Real Estate Lake Macquarie

TERRIFIC TREASURE IN THOMAS

Opportunity knocks with this charming 3-bedroom, 1-bathroom single level home, perfectly positioned for convenience and brimming with potential. This property is an ideal canvas for investors or young couples looking to create a stylish, modern haven in a highly sought-after central spot.

Inside, you'll find a cozy L-shaped lounge & dining room with Cyprus pine timber flooring, complete with a ceiling fan, creating a comfortable light filled space to unwind & entertain. The floor plan flows seamlessly, offering an excellent base for anyone with an eye for transformation, while the kitchen and bathroom present opportunities to add value through updates or custom design.

Step outside to discover an undercover entertainment area, perfect for outdoor gatherings or weekend barbecues, rain or shine. There's also a small tool shed, adding practical storage space for tools, gardening essentials, or hobby supplies.

Read the full description

With a wide frontage & off-street parking for multiple vehicles + room to build a garage or carport for your vehicles, this affordable home has so much to offer you & your family.

With a wonderful fully fenced flat backyard ideal for your children & fur children to run & play. There is also a little cubby house for the young ones to enjoy and a fantastic tree to build a treehouse when they get older.

Situated in a central, convenient location, this home places you moments away from local shops, dining options, schools, and public transport. This property is ideal for those looking to enter the market with a project in mind or for investors seeking a rewarding opportunity in a prime area.

Land Size Approx. 506m2 with 20m Frontage & 24.9m Depth

Land Rates Approx. $471 Per Quarter

Water Rates Approx. $205 Per Quarter

Potential Rental Return Approx. $590-620 Per Week

This home is packed with potential and positioned for growth, making it a fantastic opportunity for investors or a young couple ready to make their mark. Don't miss the chance to turn this house into a true gem!

For further information contact the local area's first choice for real estate Troy Duncan on 4950 8555

First National Real Estate Lake Macquarie are your local experts for the Lake Macquarie and Newcastle area, we proudly market this home and are always looking for more homes to sell. If you would like honest, expert advice to achieve excellent results, call us on 4950 8555 to discuss your home.

Disclaimer: All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. 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 Troy Duncan, First National Real Estate Lake Macquarie — reproduced as published, not verified by Districts.

Districts

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.