Carrington at a glance
2,266
People
$990,000
Median sale
$733/wk
Median rent
3.85%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
NSW › Carrington › Forbes St
$1,200,000
Last sold
21 Nov 2022
3
Bedrooms
2
Bathrooms
2
Car spaces
303.5 m²
Land
1,467.868 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
$1,200,000
21 Nov 2022 · derived via latest_sale
Local land rate: recorded House sales in Carrington (last 5 years) with land size have a median of $4,355/m² of land (n=66). Districts calculation from recorded sales — not a valuation.
Carrington at a glance
2,266
People
$990,000
Median sale
$733/wk
Median rent
3.85%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Vs Carrington
+21.2%
Median sale
Suburb $990,000
-0.67 pp
Gross yield
Suburb 3.85%
Suburb median $990,000 from 25 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
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.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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 $733/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
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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
Carrington at a glance
2,266
People
$990,000
Median sale
$733/wk
Median rent
3.85%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Presence Real EstateAuction Location: In Rooms - 2/16 Telford Street, Newcastle East & Live via Buy.Realtair.com
Lovingly held by the same family since the late 1950s, this classic Carrington weatherboard home was passed down from grandmother to granddaughter in 2009, when it underwent a contemporary renovation enhanced by further improvements a few years later. Today it presents as a home for a 21st century family with an open plan design, indoor/outdoor flow to a deck for alfresco entertaining, and a double garage accessed via the rear lane, currently used as a brilliant extra living and entertaining space. Lovely, wide Forbes Street offers almost instant access to all the waterside activities on Throsby Creek.
The living areas have been opened up to incorporate the island kitchen, with a servery window and a sliding door offering seamless connection to the large, covered deck, a fabulous area to host family and friends against a backdrop of northerly sunshine. Inside the converted garage, find power, a/c, gas heating, vinyl plank flooring, and handy storage. Offering plenty of room for use as a quiet disruption-free space to work from home, a teen retreat or entertainment room, it will be a simple fix to re-configure this back to a large garage if you wish.
Wander a few steps to the end of the street and jump onto the Throsby walking and cycle path offering a pleasant waterside stroll or bike ride all the way to Nobbys Beach. On the way you can stop off for coffee or dining at the Boatshed Café, Newcastle Yacht Club or any number of eateries and bars at Honeysuckle. Your dog can run around at the off-leash park, and if a bit of water fun is your thing, launch the paddleboard with ease or join Newcastle Rowing Club, which is little more than a few strides away.
- Classic weatherboard home with north facing backyard and rear lane access
- Timber floors and 10 ½ft ceilings add space and character
- Open plan lounge/dining with a/c, island kitchen with gas cooktop, dishwasher
- Three bedrooms, master with walk-in robe and ensuite with clawfoot tub
- Bathroom with frameless glass shower and face-level storage, handy third w/c in laundry
- Pull-down attic ladder into handy storage
- Large, covered deck with Ziptrack blinds and servery window to kitchen, gas for BBQ
- 8m x 6m garage/ studio with a/c, gas heating and power
- Low maintenance garden surrounds
- 170m to Carrington Public School, 280m to neighbourhood shops and cafes
- 5.9kw solar system (16 panels) to keep running costs down
- Full electrical re-wiring of house from original to modern standard
- Ceiling and wall insulation in both main house and garage
Outgoings:
Council Rates: $2,224 approx. per annum
Water Rates: $730.59 approx. per annum
Expected Rental Income: $690 - $750 per week
This property is being sold under the Online Friendly Auction System.
An independent pest & building report is available on request at no charge to you. This is the type of report your solicitor would usually recommend purchasing before bidding at an auction or before making an unconditional offer prior to auction and are conducted by a panel of reputable companies. The companies have consented to friendly auction terms and will generally be happy to speak to you about your queries in reports and in most cases transfer the reports into your name if you are the successful buyer at auction or prior to auction.
Flexible deposit and settlement conditions are also available by negotiation with the agent if required.
Offers can also be made prior to auction and each offer will be assessed on its merits.
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
Disclaimer:
All information provided by Presence Real Estate in the promotion of a property for either sale or lease has been gathered from various third-party sources that we believe to be reliable. However, Presence Real Estate cannot guarantee its accuracy, and we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements in the information provided. Prospective purchasers and renters are advised to carry out their own investigations and rely on their own inquiries. All images, measurements, diagrams, renderings and data are indicative and for illustrative purposes only and are subject to change. The information provided by Presence Real Estate is general in nature and does not take into account the individual circumstances of the person or persons objective financial situation or needs.
Listing description written by Chasse Ede, Presence Real Estate — reproduced as published, not verified by Districts.