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NSW › Jesmond › Fraser St

31 Fraser St, Jesmond NSW 2299

House

$840,000

Last sold

19 Oct 2023

4

Bedrooms

2

Bathrooms

2

Car spaces

711 m²

Land

155 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $840,000 (19 Oct 2023).(Recorded sale)
  • CalculationLand 711 m² against a 155 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Jesmond (last 5 years) with land size: median $1,461/m² of land (n=59). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

$840,000

19 Oct 2023 · derived via latest_sale

Local land rate: recorded House sales in Jesmond (last 5 years) with land size have a median of $1,461/m² of land (n=59). Districts calculation from recorded sales — not a valuation.

Jesmond at a glance

3,623

People

$847,500

Median sale

$473/wk

Median rent

2.90%

Suburb gross yield

Median sale from 14 recorded sales (last 12 months) — a Districts calculation.

See the full Jesmond report →

Vs Jesmond

-0.9%

Median sale

Suburb $847,500

+0.03 pp

Gross yield

Suburb 2.90%

Suburb median $847,500 from 14 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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 retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$840,00019 Oct 2023
  2. Listedprice unknowncompleted4 Sept 2023
  3. Soldprice unknown15 Dec 2020
  4. Listedprice unknowncompleted3 Nov 2020

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?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $473/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

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.”

Read more

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

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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Unknown

    Development applications have not been queried for this parcel.

  • 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

Jesmond in one glance

Jesmond at a glance

3,623

People

$847,500

Median sale

$473/wk

Median rent

2.90%

Suburb gross yield

Median sale from 14 recorded sales (last 12 months) — a Districts calculation.

See the full Jesmond report →

Keep researching

  • Why Jesmond? Read the area thesis →
  • What else is on the market in Jesmond →
  • Other records on Fraser St →

Listing material

Listed by Ray White Newcastle | Lake Macquarie

Exceeding all Expectations

Built by the vendor's meticulous engineer husband, this intriguing home offers surprising extras which will place it at the top of your buying list.

An impressive 711sqm block, brick construction four bedrooms, two bathrooms, built-in wardrobes as well as two large walk-in robes, flooring is in either parquetry or Blackbutt and Jarrah - everything has its place with pride in this lovely family home, including the beautiful teak feature wall at the entry. The entire home is wheelchair friendly, with wide hallways in the living area and at the rear of the home.

The rear bathroom is specifically configured for a wheelchair and has been certified by the NDIS. Both bathrooms are modern and spacious and of extra good quality. The kitchen, complete with an island bench, features Miele appliances, including a dishwasher, electric oven, a gas cooktop and all bench tops are finished in stone.

Read the full description

Forget about the hot water running out, as it is supplied via an efficient and continuous gas hot water system. Solar panels on the colour bond roof feed the home's electricity needs and put a stop to ever-increasing power bills, particularly pleasing when using the ducted Daikin air conditioning in the coming Summer heat. Most rooms have ceiling fans as well.

There is an internal laundry cupboard, right next to a huge walk-in robe that serves the rear bedroom. The rear bedroom was once a child's ballet rehearsal room, complete with its own "sprung" flooring as used by the best dance halls!

Outside, the front and rear gardens are landscaped and set with bush flora, creating a stunning setting adding privacy to the front and tranquillity to the rear. There is provision for a watering system throughout both gardens. A timber deck provides a peaceful place to sit and admire the rear garden and meets with the single car garage complete with auto door. There is a carport attached to the front of the door to accommodate a second vehicle under cover.

All this and just a short distance from Stockland Shopping Centre, the University of Newcastle and highway driving to either Newcastle CBD or west to Lake Macquarie or the Sydney Link Road.

A must to inspect - bring your expectations - Pest and Building Reports available on demand.

Listing description written by Leo Della Grotta, Ray White Newcastle | Lake Macquarie — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
Districts

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.