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NSW › Waratah West › King St

31 King St, Waratah West NSW 2298

House

$900,000

Last sold

14 Apr 2023

3

Bedrooms

2

Bathrooms

2

Car spaces

430 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 $900,000 (14 Apr 2023).(Recorded sale)
  • FactLand 430 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Waratah West (last 5 years) with land size: median $1,597/m² of land (n=104). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

$900,000

14 Apr 2023 · derived via latest_sale

Local land rate: recorded House sales in Waratah West (last 5 years) with land size have a median of $1,597/m² of land (n=104). Districts calculation from recorded sales — not a valuation.

Waratah West at a glance

3,392

People

$958,000

Median sale

$575/wk

Median rent

3.12%

Suburb gross yield

Median sale from 38 recorded sales (last 12 months) — a Districts calculation.

See the full Waratah West report →

Vs Waratah West

-6.1%

Median sale

Suburb $958,000

+0.20 pp

Gross yield

Suburb 3.12%

Suburb median $958,000 from 38 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$900,00014 Apr 2023
  2. Sold$900,00014 Apr 2023
  3. Listedprice unknowncompleted9 Mar 2023
  4. Listedprice unknowncompleted8 Mar 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?

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 $575/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

Waratah West in one glance

Waratah West at a glance

3,392

People

$958,000

Median sale

$575/wk

Median rent

3.12%

Suburb gross yield

Median sale from 38 recorded sales (last 12 months) — a Districts calculation.

See the full Waratah West report →

Keep researching

  • Why Waratah West? Read the area thesis →
  • What else is on the market in Waratah West →
  • Other records on King St →

Listing material

Listed by Walkom Real Estate

Experience the Joy of Fully Renovated Living and Alfresco Entertaining

This stunning home on King Street is more than just a property - it's a lifestyle upgrade waiting to happen. A contemporary renovation has been completed with no compromise, so you can simply move in and start enjoying your new surroundings right away. From the moment you enter the electric-gated driveway, you'll know that you've found somewhere special.

The long concrete driveway, leading to a secure carport and oversized garage/workshop, is not only practical for parking, but also a brilliant and safe spot for kids to ride their scooters and bikes. Inside, the bright, open-plan living area is the perfect place to relax and unwind, while the north facing covered deck is where you will entertain guests or enjoy a quiet meal with your family. Quality appliances in the island kitchen make cooking a joy, and with three bedrooms and two bathrooms, there's plenty of room for everyone. The three split system air-conditioners and security intercom and cameras provide comfort and peace of mind. But perhaps the biggest benefit of all is that there's not a single thing needing to be done - no renovation, no updates, nothing. You can simply move in and start enjoying your new home right away.

And let's not forget about the location. With the Calvary Mater Hospital nearby and the University of Newcastle just minutes away, this property is perfect for anyone looking for convenience. Families will also appreciate its proximity to a great choice of schools and childcare, parkland, and the everyday conveniences of nearby Waratah shopping village.

Read the full description

* Fully renovated home with Weathertex cladding, terracotta tiled roof, and new windows, doors, gyprock, plumbing and electrics

* 430sqm block with new concrete driveway, electric gate and prized north facing backyard

* Bright open plan living with high quality hybrid flooring and air-conditioning

* Caesarstone island kitchen with 750mm gas cooktop, electric oven, Miele dishwasher

* All bedrooms fitted with custom built-in robes, Luxaflex blinds and two of the three bedrooms have their own air-conditioning

* Master ensuite, and full-size main bathroom with bath and shower, both fully tiled

* Covered entertaining deck with ceiling fan; secure carport flows into garage & workshop

* Video intercom and Smartphone enabled security cameras

* 700m to Waratah West Public School, walking distance to Corpus Christi Primary, St Philip's Christian College, Callaghan College, University of Newcastle

* 6.5km to Newcastle CBD, 8km to beautiful Bar Beach, 13km to M1 and Hunter Expressway

Outgoings:

Water: $766 pa + usage*

Council: $1,972 pa*

*Approximates only

Agent declares interest

(We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.)

Listing description written by Ben Jarvis, Walkom Real Estate — reproduced as published, not verified by Districts.

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.