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NSW › West Wallsend › Steam Cl

4 Steam Cl, West Wallsend NSW 2286

House

$850,000

Last sold

16 Feb 2024

4

Bedrooms

2

Bathrooms

2

Car spaces

488 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 $850,000 (16 Feb 2024).(Recorded sale)
  • FactLand 488 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in West Wallsend (last 5 years) with land size: median $1,342/m² of land (n=103). 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

$850,000

16 Feb 2024 · derived via latest_sale

Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.

Local land rate: recorded House sales in West Wallsend (last 5 years) with land size have a median of $1,342/m² of land (n=103). Districts calculation from recorded sales — not a valuation.

West Wallsend at a glance

3,047

People

$860,000

Median sale

$650/wk

Median rent

3.93%

Suburb gross yield

Median sale from 27 recorded sales (last 12 months) — a Districts calculation.

See the full West Wallsend report →

Vs West Wallsend

-1.2%

Median sale

Suburb $860,000

+0.05 pp

Gross yield

Suburb 3.93%

Suburb median $860,000 from 27 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

202120222024$760k$850k
  • Sold (recorded)
  1. Sold$850,00016 Feb 2024
  2. Listedprice unknowncompleted31 Jan 2024
  3. Sold$760,00023 June 2021
  4. Listedprice unknowncompleted10 June 2021

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 $650/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

West Wallsend in one glance

West Wallsend at a glance

3,047

People

$860,000

Median sale

$650/wk

Median rent

3.93%

Suburb gross yield

Median sale from 27 recorded sales (last 12 months) — a Districts calculation.

See the full West Wallsend report →

Keep researching

  • Why West Wallsend? Read the area thesis →
  • What else is on the market in West Wallsend →
  • Other records on Steam Cl →

Listing material

Listed by First National Real Estate Lake Macquarie

LIVING THE DREAM AT 4 STEAM!

Nestled in the heart of West Wallsend on a 488m² block, sits this magnificent McDonald Jones built residence. We invite you to experience the epitome of modern living; boasting a unique split-level design, this 4-bedroom, 2-bathroom home exudes elegance and comfort at every turn.

Generously sized and bathed in natural light, the bedrooms provide the perfect retreat for rest and relaxation. Each room is thoughtfully designed to cater to the diverse needs of your family. Retreat to your luxurious master suite, complete with a walk-in robe for all your wardrobe needs. The master suite offers a private sanctuary, ensuring a restful night's sleep.

Luxurious and well-appointed bathrooms ensure a spa-like experience. Start and end your day in style with modern fixtures and exquisite finishes.

Read the full description

The heart of the home is an expansive open-plan living area, seamlessly connecting the kitchen, dining, and living spaces. The 12ft ceilings create an airy and spacious atmosphere, perfect for entertaining friends and family.

Transform your movie nights into a cinematic experience in your private media room. Whether it's family movie night or watching the big game, this dedicated space is designed for entertainment enthusiasts.

Convenience meets functionality with a spacious double car garage. Protect your vehicles from the elements and enjoy the ease of direct access to your home.

Situated in the sought after neighborhood of West Wallsend, you'll enjoy the perfect balance of tranquility and accessibility. Get on the Pacific Highway, M1 Motorway or Hunter Expressway in mere minutes, with Newcastle CBD and its lovely beaches only 40-minutes away, whilst Lake Macquarie being only 20 minutes.

Land Size 488m2 with 16.2m Frontage & 30.6m Depth

Potential Rental Return Approx. $700 Per Week

Land Rates Approx. $455 Per Quarter

Water Rates Approx. $190 Per Quarter

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.

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.