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NSW › Belmont North › Patrick St

38 Patrick St, Belmont North NSW 2280

House

$822,500

Last sold

7 Feb 2024

3

Bedrooms

2

Bathrooms

0

Car spaces

496 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 $822,500 (7 Feb 2024).(Recorded sale)
  • FactLand 496 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Belmont North (last 5 years) with land size: median $1,431/m² of land (n=116). 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

$822,500

7 Feb 2024 · derived via latest_sale

Local land rate: recorded House sales in Belmont North (last 5 years) with land size have a median of $1,431/m² of land (n=116). Districts calculation from recorded sales — not a valuation.

Belmont North at a glance

6,147

People

$1,160,000

Median sale

$697/wk

Median rent

3.12%

Suburb gross yield

Median sale from 37 recorded sales (last 12 months) — a Districts calculation.

See the full Belmont North report →

Vs Belmont North

-29.1%

Median sale

Suburb $1,160,000

+1.29 pp

Gross yield

Suburb 3.12%

Suburb median $1,160,000 from 37 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$822,5007 Feb 2024
  2. Listedprice unknowncompleted4 Dec 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 $697/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.

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

Belmont North in one glance

Belmont North at a glance

6,147

People

$1,160,000

Median sale

$697/wk

Median rent

3.12%

Suburb gross yield

Median sale from 37 recorded sales (last 12 months) — a Districts calculation.

See the full Belmont North report →

Keep researching

  • Why Belmont North? Read the area thesis →
  • What else is on the market in Belmont North →
  • Other records on Patrick St →

Listing material

Listed by @realty RWR Estates

Fully Renovated Home - Great Location

R&W Charlestown is proud to present this lovely example of a fully renovated family home, ideally located in a quiet and popular street in Belmont North.

Offering it's new owner fantastic street appeal and a beautiful floor plan.

Upon entering and inspecting the property you will be impressed by the amount of storage on offer in the entry hallway, along with its neutral tones and polished floor boards.

Read the full description

The master and two additional bedrooms all have ceiling fans, BIR's and are of generous proportions.

The home has plantation shutters throughout, ceiling fans in the living areas, the renovations of both bathrooms are top shelf, with high quality tiling, pc fittings and fixtures used throughout.

There are three large separate living areas inside the home, a formal living and dining room, and a very large rumpus room.

The living room has a built in fireplace, providing warmth and ambience, for those cold winter nights at home.

The property presents with an "as new" kitchen, bristling with top quality appliances that will appeal to anyone who considers themselves a budding chef.

For entertaining, on offer is a very large as new decking and covered roof area for outdoor entertaining with family and friends.

The rear yard is fully fenced, beautifully landscaped, ready for children and pets.

The home is energy smart, with led lighting and light fittings throughout, two skylights, 8x solar panels, LPG gas cooking and insulation throughout.

Another key feature of the property, most people don't think about but should take note of for longevity, is that the home has been completely electrically re-wired.

It boasts new plumbing and aluminium windows and external doors throughout, stamped internal doors, and an "as new" driveway with off street parking for three cars, consider this property totally renovated!

A renovation of this calibre these days would be many hundreds of thousands of dollars, would require a DA and a multitude of trades people to complete it.

Ideally located close to shops, Redhead Beach, Lake Macquarie, schools, parks and transport.

This home represents outstanding value, it is impossible to replace at the asking price, there is nothing further for its new owner to do, but move in and enjoy it's many benefits.

Be quick, it won't last, call us now for more information!

Listing description written by Stuart Derham, @realty RWR Estates — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Broadband
  • Built-in Robes
  • Deck
  • Dishwasher
  • Floorboards
  • Fully Fenced
  • Living Areas: 3
  • Outdoor Entertaining
  • Rumpus Room
  • Shed
  • Solar Panels
  • Study
  • Toilets: 2
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.