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.
$3,200,000
Last sold
19 Feb 2026
4
Bedrooms
3
Bathrooms
2
Car spaces
742 m²
Land
Districts View
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
$3,200,000
19 Feb 2026 · derived via latest_sale
Local land rate: recorded House sales in The Hill (last 5 years) with land size have a median of $6,072/m² of land (n=10). Districts calculation from recorded sales — not a valuation.
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
+67.5%
Median sale
Suburb $1,910,000
-0.67 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
Data unavailable
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 maps a heritage listed area on this parcel, intersecting about 99.7% of it (NSW ePlanning Spatial Viewer, retrieved 31 Aug 2026). Verify the extent against the title before relying on unaffected land.
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 744 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks unlikely on the loaded constraints. 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.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Heritage constraint may block demolition or dual occupancy even on a large block. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 744 m² — land size can look like optionality. What reduces it: Conservation Area - General. Heritage can block demolition and dual occupancy even when land size looks like a site. 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. Heritage constraints are a maintenance and alteration cost, not usually a rent premium by themselves.
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
Loaded constraints look like they kill a naive land-size story. Pay house money, or walk, until a planner confirms a pathway.
Detail
Official parcel about 744 m² — land size can look like optionality. What reduces it: Conservation Area - General. Heritage can block demolition and dual occupancy even when land size looks like a site.
Nearby competing dwellings and net yield are still unknown.
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.
3 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 744 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks unlikely on the loaded constraints. 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 744 m² — land size can look like optionality. What reduces it: Conservation Area - General. Heritage can block demolition and dual occupancy even when land size looks like a site.
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
UnknownNo DA adapter returned applications for this parcel.
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 Ray White Newcastle | Lake MacquariePositioned high on one of Newcastle's most coveted streets, 23 Anzac Parade is a truly breath taking residence that captures the heart and imagination. Built in the early 1900s, this iconic home is rich in character, showcasing exquisite original features while offering refined elegance and modern comfort. Admired by locals and steeped in history, this is a rare opportunity to secure a landmark home in the prestigious suburb of The Hill.
From its elevated position, the home enjoys sweeping harbour and city views that come alive in the evening, sparkling beautifully against the night sky. Step through the front door into a wide, welcoming entrance highlighted by timeless black-and-white checkerboard tiles, instantly setting the tone for the grace and grandeur that unfolds throughout. Soaring high ceilings enhance the sense of light and space, creating an atmosphere that is both warm and impressive.
At the front of the home, the spacious formal living room overlooks the manicured front garden and features a gas fireplace, adding both warmth during the cooler months and an undeniable touch of elegance. Flowing through to the separate formal dining room, this space is filled with natural light from expansive glass windows. A built-in bench seat, framed by a stunning frangipani tree outside, creates the perfect nook for a morning coffee, quiet reflection, or reading your favourite book. A convenient servery connects the dining room to the adjoining kitchen, making entertaining both easy and enjoyable.
The beautifully appointed kitchen features stone benchtops, a breakfast bar return for casual dining, and a separate built-in coffee station-perfect for everyday living and hosting alike.
All four bedrooms are generous in size. The master suite is positioned at the front of the home, enjoying views over the manicured grounds and offering the privacy of its own ensuite. The fourth bedroom, located at the rear of the home, has direct access to the third bathroom, making it ideal as a teenage retreat or guest accommodation. An additional rear sunroom, second living room or home office provides a versatile space for working from home or accommodating visitors when needed.
Step outside to the enchanting rear verandah, where a leafy outlook and birdsong create a tranquil setting to unwind. The sparkling in-ground pool is perfect for warm summer days, while the double garage offers ample storage along with additional off-street parking in the driveway.
Further enhancing the home are ducted air conditioning, solar panels, and roof repointing-just some of the added luxuries that complement this magnificent property.
The location is simply unbeatable. Enjoy an easy stroll to cosmopolitan Darby Street with its vibrant cafes, bars, and boutiques. The Anzac Memorial Walk is only minutes away, and the golden sands of Bar Beach are just 1.1km from your door-ideal for a morning swim or coastal walk.
More than just a home, 23 Anzac Parade is an opportunity to become part of Newcastle's rich history. A truly iconic residence, admired and loved, offering a lifestyle that few can match.
Contact Mel Payne today and discover why this remarkable home is one you won't want to miss.
• Rental Appraisal: $1,200 per week
Disclaimer: We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.
Listing description written by Mel Payne, Ray White Newcastle | Lake Macquarie — reproduced as published, not verified by Districts.