Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

NSW › Jesmond › Steel St

41 Steel St, Jesmond NSW 2299

House

$865,000

Last sold

3 Feb 2026

2

Bedrooms

1

Bathrooms

1

Car spaces

480 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 $865,000 (3 Feb 2026).(Recorded sale)
  • FactLand 480 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Jesmond (last 5 years) with land size: median $1,429/m² of land (n=59). 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

$865,000

3 Feb 2026 · derived via latest_sale

Local land rate: recorded House sales in Jesmond (last 5 years) with land size have a median of $1,429/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

+2.1%

Median sale

Suburb $847,500

-0.06 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$865,0003 Feb 2026
  2. Listedprice unknowncompleted21 Jan 2026

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 Steel St →

Listing material

Listed by Spillane Property

Light-Filled Living with Timeless Charm

Set in a quiet and convenient Jesmond location, this beautifully presented two-bedroom home offers a perfect combination of comfort, character and easy living. Close to local shops, schools, parks and transport, it's ideally positioned for families, first home buyers, downsizers or investors looking for a well-located property with lifestyle appeal.

Step inside to discover a lounge room that exudes charm and warmth. Large windows allow natural light to flood the space, highlighting the decorative fireplace and creating a welcoming environment. Split-system air conditioning ensures comfort all year round, making this the ideal spot to relax or entertain guests.

Both bedrooms continue the theme of light-filled living, each generous in size and fitted with built-in wardrobes and ceiling fans. The main bedroom is particularly inviting, featuring decorative cornices and soft sheer curtains that add a touch of elegance and tranquillity.

Read the full description

The bathroom is beautifully tiled and thoughtfully designed, with a shower, bath, vanity and toilet, offering a space that is both practical and stylish. Adjacent, the kitchen looks out over the backyard, creating a pleasant connection to the outdoors while providing plenty of natural light for cooking and meal preparation. A conveniently positioned laundry is accessed externally from the kitchen, with an additional external toilet at the rear for added functionality.

The backyard is a true highlight, beautifully maintained and designed for both relaxation and entertaining. A paved area to the side is perfect for alfresco dining, while a garden shed adds valuable storage. The carport and additional off-street parking complete the home, offering practicality without compromising on style.

Perfectly suited to first home buyers seeking an easy entry into the market, downsizers looking for a low-maintenance property with character, or investors searching for a well-presented, convenient home, this residence offers a seamless combination of light, charm and lifestyle in a highly desirable Jesmond setting.

Disclaimer: All information contained herein has been obtained from third-party sources. While we believe this information to be reliable, we cannot guarantee its accuracy or currency. Prospective purchasers and their advisers should make their own enquiries and investigations in relation to this information and the property to which it relates.

Listing description written by Patrick Skinner, Spillane Property — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Floorboards
  • Secure Parking
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.