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NSW › Bolwarra Heights › Paterson Rd

236 Paterson Rd, Bolwarra Heights NSW 2320

House

$550,000

Last sold

13 Nov 2023

2

Bedrooms

1

Bathrooms

4

Car spaces

809 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 $550,000 (13 Nov 2023).(Recorded sale)
  • FactLand 809 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Bolwarra Heights (last 5 years) with land size: median $1,073/m² of land (n=101). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned General Residential (R1) under the Maitland Local Environmental Plan 2011.(NSW ePlanning Spatial Viewer · 2 Sept 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

$550,000

13 Nov 2023 · derived via latest_sale

Local land rate: recorded House sales in Bolwarra Heights (last 5 years) with land size have a median of $1,073/m² of land (n=101). Districts calculation from recorded sales — not a valuation.

Bolwarra Heights at a glance

3,594

People

$990,000

Median sale

$676/wk

Median rent

3.55%

Suburb gross yield

Median sale from 33 recorded sales (last 12 months) — a Districts calculation.

See the full Bolwarra Heights report →

Vs Bolwarra Heights

-44.4%

Median sale

Suburb $990,000

+2.84 pp

Gross yield

Suburb 3.55%

Suburb median $990,000 from 33 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

Maitland Local Environmental Plan 2011

Zone

General Residential

R1

Jurisdiction

Maitland

Maitland, NSW

Planning overlays

  • heightNot detected
  • heritageNot detected

Development activity

Not detected

Source

  • Provider: NSW ePlanning Spatial Viewer
  • Dataset: Planning Portal Principal Planning — Land Zoning Map
  • Retrieved: 2 Sept 2026
  • Version: 1
  • Parcel: 100535121

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

Records

Property history

  1. Sold$550,00013 Nov 2023
  2. Listedprice unknowncompleted26 July 2023
  3. Listedprice unknowncompleted26 July 2023

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 General Residential · R1 (Maitland Local Environmental Plan 2011). Official parcel area about 812 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.

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 $676/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

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 General Residential · R1 (Maitland Local Environmental Plan 2011). Official parcel area about 812 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.

Read more

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

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.

4 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned General Residential · R1 (Maitland Local Environmental Plan 2011). Official parcel area about 812 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

    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

    Official parcel about 812 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

    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

    Knownmedium

    No development applications were returned for this parcel. That is not a statement about nearby lots.

  • 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

Bolwarra Heights in one glance

Bolwarra Heights at a glance

3,594

People

$990,000

Median sale

$676/wk

Median rent

3.55%

Suburb gross yield

Median sale from 33 recorded sales (last 12 months) — a Districts calculation.

See the full Bolwarra Heights report →

Keep researching

  • Why Bolwarra Heights? Read the area thesis →
  • What else is on the market in Bolwarra Heights →
  • Other records on Paterson Rd →

Listing material

Listed by Powered by Smile Elite NSW

Renovator's Dream in Bolwarra Heights

An exceptional opportunity awaits you in the highly desirable and leafy suburb of Bolwarra Heights – a once in a lifetime chance to create your dream home! This property, situated on an expansive 809 sqm block, offers unlimited potential for those seeking a blank canvas to turn their vision into reality.

Key features:

- Spacious 809sqm block with side access to a large freestanding shed – perfect for multiple vehicles and a workshop

Read the full description

- Currently two bedrooms, a studio and one bathroom with the potential to extend and customise the layout to suit your needs

- Beautiful original floorboards under carpet, ready to be brought back to life

- High ceilings and decorative cornices

- Fans to some rooms

- Serene location, set back off the road, offering a peaceful and private atmosphere

- Charming weatherboard construction and a durable tile roof, ensuring a solid foundation for your renovation endeavours

- Embrace the outdoors with a huge back verandah and a large leafy and private backyard, providing ample space for outdoor living and entertainment

- Convenient off-road parking for you and your guests

-Electric hot water system

- Town water

Location highlights:

- Catchment area for superb schools, including the reputable Bolwarra Public School, ensuring an excellent education for your family

- Lorn, a short 6-minute drive away, offers an array of amenities, from delightful coffee shops like Icky sticky to essential services like a bottle shop, chemist, doctors, hairdressers

- Enjoy the convenience of the Belmore Road Grocer, Muse Restaurant, a vet clinic, post office, and award winning butchers, catering to your everyday needs

- Maitland, just 5-km away, provides access to a wider range of shopping, dining, and entertainment options, fulfilling all your requirements and 10 km to the historical town of Morpeth

- Close proximity to Newcastle, just 38 km away and Singleton 50 km away - both a 45 minute drive.

Don't miss out on this incredible opportunity to shape your dream home just the way you envision it. Whether you choose to extend, enclose, reimagine, or all of the above – the possibilities are endless! Seize the chance to create your forever home in this fantastic location.

Recent Pest and Building report available on request.

Council rates approx. $2,610 per annum.

Contact us now to schedule a viewing and make this renovator's dream your reality!

Listing description written by Zoe Robertson, Powered by Smile Elite NSW — reproduced as published, not verified by Districts.

Property features

  • Deck
  • Floorboards
  • Living Areas: 1
  • Outdoor Entertaining
  • Shed

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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.