Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

NSW › The Hill › Memorial Dr

24 Memorial Dr, The Hill NSW 2300

House

5

Bedrooms

3

Bathrooms

2

Car spaces

758.8 m²

Land

339 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • CalculationRecorded House sales in The Hill (last 5 years) with land size: median $5,745/m² of land (n=11). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Low Density Residential (R2) under the Newcastle Local Environmental Plan 2012.(NSW ePlanning Spatial Viewer · 30 Aug 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

No recorded sale price for this property yet.

Local land rate: recorded House sales in The Hill (last 5 years) with land size have a median of $5,745/m² of land (n=11). 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.

See the full The Hill report →

Planning

Planning and development

Planning scheme

Newcastle Local Environmental Plan 2012

Zone

Low Density Residential

R2

Jurisdiction

Newcastle

Newcastle, NSW

Planning overlays

  • heightDetected
  • heritageNot detected

Planning constraints

  • 98.5

Development activity

Not detected

Source

  • Provider: NSW ePlanning Spatial Viewer
  • Dataset: Planning Portal Principal Planning — Land Zoning Map
  • Retrieved: 30 Aug 2026
  • Version: 1
  • Parcel: 100519329

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

Records

Property history

  1. Soldprice unknown13 Oct 2021
  2. Listedprice unknowncompleted3 Sept 2021
  3. Listedprice unknowncompleted3 Sept 2021

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 Low Density Residential · R2 (Newcastle Local Environmental Plan 2012). Official parcel area about 763 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 $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.

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 Low Density Residential · R2 (Newcastle Local Environmental Plan 2012). Official parcel area about 763 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 Low Density Residential · R2 (Newcastle Local Environmental Plan 2012). Official parcel area about 763 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 763 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

The Hill in one glance

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.

See the full The Hill report →

Keep researching

  • Why The Hill? Read the area thesis →
  • What else is on the market in The Hill →
  • Other records on Memorial Dr →

Listing material

Listed by Presence Real Estate

Landmark Family Haven with Captivating Views and a Blue-Chip Address

Auction Location: PRD Newcastle 2/16 Telford St, Newcastle East and Live via Auction Now Website

**One on one, pre-registered inspections only. Please contact the below agent to book your COVID Compliant inspection.

A landmark twin gabled home on The Hill directly opposite the Anzac Memorial Walk, this

Read the full description

elegant brick beauty rests on a commanding 759sqm landholding. Soaking up the joy of breathtaking north westerly views over the city and harbour to Mount Sugarloaf and the Barrington Tops, the stunning scenery, that dazzles by day and sparkles by night, is a true hero of this beautiful home and is on view from every principal room bar one.

Originally built by the AA mining company for its company secretary, 5-step cornices and a softly curved brick fireplace are an elegant nod to the Art Deco era, while a series of renovations and extensions has created an incredibly comfortable family home with a splash of Hollywood Regency glamour.

The five-bedroom plus study residence has been crafted with easy family living and alfresco entertaining in mind with formal and casual spaces and a sun-drenched garden designed to celebrate the captivating vista. The interiors evoke a sense of sanctuary with a Caesarstone kitchen as the social heart and a parent's retreat reminiscent of a high-end hotel.

Bearing all the hallmarks of a superb family home, it's also not hard to envisage the future potential in this property. There are lapsed DA approved plans to reconfigure the floorplan and add a verandah off the master bedroom, while the terraced backyard could easily accommodate a pool (STCA).

From this blue-ribbon address, a surf at Newcastle or Bar Beach, a stroll across beautiful King Edward Park, a sunset jaunt along the Anzac Memorial walk, coffee in Darby Street or The Junction, or a dip in the crystal-clear waters of the Bogey Hole are all simply effortless.

- Dual level brick and tile family home with interesting character elements and breathtaking city and harbour views

- Elegant formal lounge room and relaxed family living opens to alfresco entertaining and BBQ area

- Terraced rear garden with an expanse of level lawn and enough room for a pool (STCA)

- Twin staircases rise to a choice of five bedrooms and a study

- Parents' retreat with luxe ensuite featuring a freestanding bath, shower, Gessi tapware, marble tiles and vanity

- Stylishly renovated main bathroom with bath and shower

- Large laundry with third w/c and shower

- Modern kitchen with Caesarstone benches

- Double garage offers the convenience of internal access

- Double glazed windows

- In catchment for desirable Newcastle East Public school, just 1200m to Newcastle Grammar

Dimensions:

Internal Living Area:  339m²

External Living Area:  29m²

Total Living Area:  368m²

This property is being sold under the Online Auction System.

Live streaming auction. Bid and buy with confidence in this consumer driven, transparent auction system that was pioneered here in Newcastle but is now in use across Australia. We also have a downloadable guide available on our website.

**Health & Safety Measures are in Place for Open Homes & All Private Inspections

**All inspection attendees will have to answer a health and safety survey to qualify for the inspection of the property

Disclaimer:

All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Some of our properties are marketed from time to time without price guide at the vendors request. This website may have filtered the property into a price bracket for website functionality purposes. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing.

Listing description written by Mark Kentwell, Presence Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Built-in Robes
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Ensuites: 1
  • Floorboards
  • Living Areas: 2
  • Outdoor Entertaining
  • Remote Garage
  • Shed
  • Solar Panels
  • Study
  • Toilets: 3
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.