Wallsend at a glance
14,084
People
$900,000
Median sale
$591/wk
Median rent
3.41%
Suburb gross yield
Median sale from 102 recorded sales (last 12 months) — a Districts calculation.
$770,000
Last sold
17 Dec 2024
3
Bedrooms
1
Bathrooms
1
Car spaces
832 m²
Land
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
$770,000
17 Dec 2024 · derived via latest_sale
Local land rate: recorded House sales in Wallsend (last 5 years) with land size have a median of $1,599/m² of land (n=118). Districts calculation from recorded sales — not a valuation.
Wallsend at a glance
14,084
People
$900,000
Median sale
$591/wk
Median rent
3.41%
Suburb gross yield
Median sale from 102 recorded sales (last 12 months) — a Districts calculation.
Vs Wallsend
-14.4%
Median sale
Suburb $900,000
+0.58 pp
Gross yield
Suburb 3.41%
Suburb median $900,000 from 102 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 $591/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
Wallsend at a glance
14,084
People
$900,000
Median sale
$591/wk
Median rent
3.41%
Suburb gross yield
Median sale from 102 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate Lake MacquarieThis single level 3 bedroom brick home offers you an exciting opportunity for those ready to put their own personal touches on a well-built property with solid bones. Ideal for renovators or first-home buyers, this residence is packed with potential and includes drive access into the backyard where you'll find a shed for vehicle or tool storage or plenty of room to build the big man shed of your dreams. Situated in a handy central location and established neighbourhood, this property is ready to shine with a little TLC.
Each bedroom is well-proportioned and filled with natural light, offering ceiling fans & plenty of room for personalization and upgrades. Create your dream sanctuary or turn one room into a home office or creative space.
The bathroom includes a full-sized bathtub, shower, and vanity, with the convenience of a separate toilet. Ready for immediate use, it also presents an opportunity for a modern refresh.
The large tiled living area is a comfortable space for family gatherings and entertaining, with scope for updating to make it truly yours. Ceiling fans fitted throughout the property to help keep you comfortable, ideal for creating a cozy atmosphere.
Equipped with ample cabinet storage and counter space, the kitchen layout is practical, yet ready for a revamp. Imagine a contemporary upgrade that suits your style and daily needs. The tiled dining area opens off the kitchen providing practicality & convenience.
A standout feature of this property is the large block with loads of open space to build the big garaging you've always dreamed of or add a swimming pool, whilst having plenty of room to park a boat, trailer or caravan.
This expansive backyard is perfect for outdoor activities, gardening, or future landscaping. The potential to add an alfresco area or establish a beautiful garden is waiting to be realized.
Land Size Approx. 832m2 with 20.5m Frontage & 40.4m Depth
Land Rates Approx. $521 Per Quarter
Water Rates Approx. $205 Per Quarter
Potential Rental Return once renovated internally would obtain approx. $650 Per Week
Nestled in a central area, this property is within walking distance to local schools, shopping centres, parks & playgrounds + public transport, Wallsend Swim Centre offering convenience while still providing a serene suburban lifestyle.
This brick home is brimming with potential and awaits the right buyer to breathe new life into its sturdy framework. Don't miss this incredible opportunity to renovate and create your dream home with a spacious yard. Act now and start imagining the possibilities!
For further information contact the local area's first choice for real estate Troy Duncan on 4950 8555
First National Real Estate Lake Macquarie are your local experts for the Lake Macquarie and Newcastle area, we proudly market this home and are always looking for more homes to sell. If you would like honest, expert advice to achieve excellent results, call us on 4950 8555 to discuss your home.
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. 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 Troy Duncan, First National Real Estate Lake Macquarie — reproduced as published, not verified by Districts.