The Hill at a glance
2,243
People
$1,910,000
Median sale
$610/wk
Median rent
1.66%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
$3,000,000
Last sold
12 June 2026
8
Bedrooms
8
Bathrooms
8
Car spaces
698 m²
Land
698 m²
Building
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
$3,000,000
12 June 2026 · derived via latest_sale
The Hill at a glance
2,243
People
$1,910,000
Median sale
$610/wk
Median rent
1.66%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Vs The Hill
+57.1%
Median sale
Suburb $1,910,000
-0.60 pp
Gross yield
Suburb 1.66%
Suburb median $1,910,000 from 7 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Newcastle Local Environmental Plan 2012
Zone
Low Density Residential
R2
Jurisdiction
Newcastle
Newcastle, 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 Low Density Residential · R2 (Newcastle Local Environmental Plan 2012). Official parcel area about 700 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 $610/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 Low Density Residential · R2 (Newcastle Local Environmental Plan 2012). Official parcel area about 700 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 Low Density Residential · R2 (Newcastle Local Environmental Plan 2012). Official parcel area about 700 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 700 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
The Hill at a glance
2,243
People
$1,910,000
Median sale
$610/wk
Median rent
1.66%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Raine & Horne Maitland and Cameron ParkSet on a 698 m² parcel just moments from Darby Street and Newcastle's coastline, this rare investment or development opportunity offers prime potential in one of the city's most tightly held suburbs. This address is primed for the next phase with eight one-bedroom units currently under a single title and draft plans prepared for four luxury three-storey townhouses.
Property Description
Welcome to 22 Nesca Parade, The Hill-a premium site offering strong rental return now and substantial development potential later. Occupying a generous 698 m² block with a wide 20.5m street frontage and commanding views over Newcastle, this rare property presents a compelling opportunity for developers, investors, or land-bankers looking to secure a strategic foothold in this prestigious enclave.
Currently comprising eight tidy, self-contained one-bedroom units, the property delivers a reliable rental income and scope for value-add improvements.
For developers, concept plans have already been drawn up for four architecturally designed, three-storey townhouses, and they are ready to move forward to DA submission (STCA).
Located only 400 metres from Darby Street, less than 1 km from Bar Beach and Newcastle CBD, and within walking distance to shops, cafes, and transport, this sort of site offers a rare development opportunity
Geographical Highlights
Distances are approximate from 22 Nesca Parade, The Hill:
Set on a 698 m² parcel just moments from Darby Street and Newcastle's coastline, this rare investment or development opportunity offers prime potential in one of the city's most tightly held suburbs. This address is primed for the next phase with eight one-bedroom units currently under a single title and draft plans prepared for four luxury three-storey townhouses.
Property Feature Highlights
• 698 m² parcel on one title - exceptional redevelopment potential (STCA)
• Eight x 1-bedroom units - income-producing asset with value-add potential
• Concept plans for 4 x 3-storey townhouses - DA-ready (not yet submitted)
• Stunning elevated views - overlooking Newcastle cityscape
• Development-friendly topography - already flat and wide street frontage
• Tightly held blue-chip location - high owner-occupier and prestige value
• Rare site offering - seldom found in this tightly held suburb
Geographical Highlights
Distances are approximate from 22 Nesca Parade, The Hill:
• Darby Street cafes & shops - 400 m
• Bar Beach - 900 m
• Newcastle Beach - 1.4 km
• Newcastle CBD - 1.4 km
• King Edward Park - 1 km
• Newcastle Interchange - 2.3 km
• The Junction Shopping Village - 1.6 km
• Newcastle Grammar School (Hill Campus) - 700 m
• Newcastle University City Campus (NUspace) - 1.7 km
This property offers flexible potential: hold and collect rental income, renovate to maximise yield, or push ahead with townhouse development (STCA). With plans drawn, views secured, and location second to none, this is your chance to transform one of Newcastle's premier addresses.
Disclaimer:
Information contained on any marketing material, website, or other portal should not be relied upon.
You should make your enquiries and seek your independent advice about any property advertised or the information about the property.
All additions, changes, and developments are subject to council approval.
Distances are approximate.
Listing description written by Stephen Logan, Raine & Horne Maitland and Cameron Park — reproduced as published, not verified by Districts.