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 › Cowper Street South
For sale
For sale
4
Bedrooms
4
Bathrooms
0
Car spaces
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
Asking
No recorded sale price for this property yet.
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.
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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 Raine & Horne New LambtonA Rare Restoration Opportunity in the Heart of Carrington
Originally opened in 1890, Henderson's Terrace is a building of genuine significance within the Carrington streetscape. While not heritage listed, this historic property has played several roles throughout its long life and stands as a reminder of Carrington's evolving character.
Originally comprising five terraces, only two remain today, making this a particularly rare opportunity to restore and reinvent a piece of the suburb's history.
Now requiring significant restoration and renovation, Henderson's Terrace presents a project for the visionary buyer. In fact, with its distinctive history and enormous potential, it could be right at home on one of those popular television restoration programs.
Spread across three levels, the property offers remarkable flexibility for a range of future uses. Generously proportioned rooms, four kitchens and two bathrooms provide an extensive footprint from which to create something truly special.
Whether your vision is to restore the property into impressive residential accommodation, create dual living arrangements, or establish a ground-floor commercial premises with residential living above, the possibilities are as diverse as they are exciting, subject to the necessary approvals.
Positioned in the heart of Carrington, the property enjoys easy access to Newcastle's inner city, harbour foreshore, cafes, transport and the broader Newcastle lifestyle.
Key Features:
• Historic building originally opened in 1890
• Significant and distinctive Carrington streetscape presence
• Originally one of five terraces, with only two remaining
• Three substantial levels offering exceptional flexibility
• Large, generously proportioned rooms
• Four kitchens and four bathrooms
• Significant restoration and renovation required
• Potential for residential, dual-living or mixed-use configuration, STCA
• Opportunity for ground-floor business premises with living accommodation above, STCA
• Central Carrington location with easy access to Newcastle CBD and inner-city amenities
Henderson's Terrace is not simply a property - it is a restoration project with a story to tell. For those with vision, imagination and the appetite to undertake something truly unique, this is an opportunity to breathe new life into a remarkable piece of Carrington's history.
Expressions of Interest close 10th September, 2026
Listing description written by Greg Jones, Raine & Horne New Lambton — reproduced as published, not verified by Districts.
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