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NSW › New Lambton › Watson St

21 Watson St, New Lambton NSW 2305

House

$2,025,000

Last sold

31 July 2025

4

Bedrooms

3

Bathrooms

1

Car spaces

508 m²

Land

506 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $2,025,000 (31 July 2025).(Recorded sale)
  • CalculationRecorded House sales in New Lambton (last 5 years) with land size: median $2,703/m² of land (n=105). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

$2,025,000

31 July 2025 · derived via latest_sale

Local land rate: recorded House sales in New Lambton (last 5 years) with land size have a median of $2,703/m² of land (n=105). Districts calculation from recorded sales — not a valuation.

New Lambton at a glance

10,909

People

$1,400,000

Median sale

$701/wk

Median rent

2.60%

Suburb gross yield

Median sale from 59 recorded sales (last 12 months) — a Districts calculation.

See the full New Lambton report →

Vs New Lambton

+44.6%

Median sale

Suburb $1,400,000

-0.80 pp

Gross yield

Suburb 2.60%

Suburb median $1,400,000 from 59 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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 retrieved

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

Records

Property history

  1. Sold$2,025,00031 July 2025
  2. Listedprice unknowncompleted21 July 2025
  3. Listedprice unknowncompleted21 July 2025

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?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $701/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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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

New Lambton in one glance

New Lambton at a glance

10,909

People

$1,400,000

Median sale

$701/wk

Median rent

2.60%

Suburb gross yield

Median sale from 59 recorded sales (last 12 months) — a Districts calculation.

See the full New Lambton report →

Keep researching

  • Why New Lambton? Read the area thesis →
  • What else is on the market in New Lambton →
  • Other records on Watson St →

Listing material

Listed by Lisa Macklin Property

Designer Renovation, Luxe Living, and a Dreamy Self-Contained Studio

Step behind the picturesque façade of this c1930s beauty and discover a home that's been completely reimagined with intelligence, precision and soul. From the flawless blackbutt floors underfoot to the sky-high lines of the self-contained studio, every inch radiates quiet confidence and curated detail. Three double bedrooms and two designer bathrooms grace the front of the home, offering refined retreats for rest and rejuvenation. Beyond, a high-end reconfiguration has elevated its original charm into something truly special, balancing sophistication with warmth and making it every bit the modern family sanctuary. Open-plan interiors pivot around a showpiece kitchen before spilling out to an all-seasons deck and private, landscaped yard. Entertain in style, retreat into quiet comfort, or embrace the flexibility of a separate studio, this home delivers a rich family lifestyle in one of New Lambton's most coveted pockets.

- Elegant Blackbutt hardwood floors flow through the main home, professionally refinished in July 2025

- Sweeping open-plan living and dining domain drenched in natural light via Velux skylights

Read the full description

- Designer island kitchen fitted with 40mm waterfall-edged Caesarstone surfaces, a Smeg oven and range-hood, and walk-in pantry

- Ducted reverse-cycle air conditioning throughout for all-season comfort

- Covered alfresco entertaining deck with integrated outdoor kitchen and Weber BBQ - tailor made for long lunches and weekend gatherings

- Three double-sized front bedrooms, main with massive WIR, other with a BIR

- Two fully renovated bathrooms with heated towel rails, including ensuite

- Dedicated internal home office plus a handy powder room off the deck

- Architect designed loft-style studio finished with blackbutt flooring, includes a bedroom, full kitchen, bathroom, and living space with sky-high ceiling

- Studio and oversized garage completed in 2023 by Rowan Build - garage with polished concrete flooring and 2m roof storage

- Tesla Powerwall 13.5kw battery and 6kw solar system offer sustainable, future-forward living

- NBN Fibre to the Premises (FTTP) for lightning-fast connectivity

- Thoughtfully designed storage solutions including attic (10m²), under-house, and garage

- Secure and convenient with electric front gate and automatic garage doors

- Walk to Blackbutt Hotel and shops, nearby parks and basketball courts; zoned for well-respected schools

- Richley Reserve and Blackbutt Reserve on the doorstep, filled with bushland trails to explore

- Moments to Westfield Kotara's major shopping, dining and entertainment hub

- Short drive to John Hunter Hospital, beaches and only 6.5km to Newcastle CBD

Disclaimer:

While Lisa Macklin Property has taken all care preparing this advertisement and the information contained has been obtained from sources that we believe to be reliable, Lisa Macklin Property does not represent, warrant, or guarantee the accuracy, adequacy, or completeness of the information. Lisa Macklin Property accepts no liability for any loss or damage from reliance on this information.

Listing description written by Jenny Robb, Lisa Macklin Property — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 1
  • Toilets: 4
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.