Charlestown at a glance
14,377
People
$1,100,000
Median sale
$692/wk
Median rent
3.27%
Suburb gross yield
Median sale from 71 recorded sales (last 12 months) — a Districts calculation.
NSW › Charlestown › Ocean View Pde
$1,400,000
Last sold
16 Oct 2025
4
Bedrooms
2
Bathrooms
1
Car spaces
701 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
$1,400,000
16 Oct 2025 · derived via latest_sale
Local land rate: recorded House sales in Charlestown (last 5 years) with land size have a median of $1,703/m² of land (n=104). Districts calculation from recorded sales — not a valuation.
Charlestown at a glance
14,377
People
$1,100,000
Median sale
$692/wk
Median rent
3.27%
Suburb gross yield
Median sale from 71 recorded sales (last 12 months) — a Districts calculation.
Vs Charlestown
+27.3%
Median sale
Suburb $1,100,000
-0.70 pp
Gross yield
Suburb 3.27%
Suburb median $1,100,000 from 71 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Lake Macquarie Local Environmental Plan 2014
Zone
Low Density Residential
R2
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 2 Sept 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 (Lake Macquarie Local Environmental Plan 2014). Official parcel area about 704 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 $692/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 (Lake Macquarie Local Environmental Plan 2014). Official parcel area about 704 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 (Lake Macquarie Local Environmental Plan 2014). Official parcel area about 704 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 704 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
Charlestown at a glance
14,377
People
$1,100,000
Median sale
$692/wk
Median rent
3.27%
Suburb gross yield
Median sale from 71 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Century 21 NovocastrianThis solid brick and tile home combines timeless character with the space every family aspires to achieve in a forever home. Set over two practical levels, with living areas and bedrooms on each, it's a home designed to grow with you and your family.
The parents' retreat-style main bedroom feels like your own sanctuary, complete with a beautiful ensuite with leafy and relaxing garden views. The ground level also includes, rumpus, separate study and 4th bedroom – perfect for families of all ages. The upper level living areas feature high ceilings, stunning rose gum timber flooring and charming, feature fireplace. However, the kitchen is the real heart of this home and will ensure mealtimes and entertaining are effortless.
But it's outside where the magic truly begins. The elevated deck is a private haven for morning coffees or evening entertaining, while the park-like backyard below opens endless possibilities. Imagine children running freely, birthdays with a jumping castle, backyard weddings, or family gatherings where everyone is welcome - all within the privacy of your own home.
This is more than a house, it's been a family haven where memories have been made, milestones celebrated, and everyday life cherished.
Features:-
Solid brick and terracotta tile character home with timeless appeal
Extra height ceilings in living areas
Beautiful rich rose gum timber and cypress pine flooring
Neutral colour scheme throughout
New kitchen 2019
Induction cooktop
Pyrolytic double oven
Generous fridge cavity
Large appliance cupboard
Impressive pantry with built-in drawers
Soft close cupboards and drawers
Bedroom wardrobes with shelves and drawers
17 Solar panels and 2 x batteries
Hidden ironing board cupboard
Powder room on lower level
Garage with built-in cabinetry
Separate storage area accessible from garage
External blinds installed on deck
Oversized laundry (space for second fridge/freezer)
Built-in cabinetry in laundry
New roof 2015 approx
Walking distance to Charlestown Square, CBD and bus stop
Short drive to Westfield Kotara
Convenient 10-15 min drive to Newcastle city, harbour, city beaches
Short drive to Redhead, Dudley Beaches and Fernleigh Track
Zoned for and Whitebridge High School
PEST & BUILDING REPORT AVAILABLE UPON INSPECTION
Zoning: R2 Low Density Residential
Land Area: 701sqm approx
Council: Lake Macquarie
Land Rates: $2633pa approx
Water Rates: $859pa approx
'PREVIEW'
This means the property has just been listed and is in the first weeks of marketing. If you inspect the home, you will be amongst the first buyers to view the property. The sellers have not yet formally set a price for the property as they want to obtain feedback from the market prior to promoting a price. Century 21 will provide you with information on recently sold properties in the area whilst the property is being promoted for sale by Preview. You can definitely buy a property during the 'Preview' promotion, there is no barrier to making an offer to purchase the property. The seller can accept an offer at any time.
We have obtained all information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. Photos maybe digitally edited and include virtual furniture.
Listing description written by Suzanne Hill, Century 21 Novocastrian — reproduced as published, not verified by Districts.
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