Waratah at a glance
4,957
People
$1,040,000
Median sale
$516/wk
Median rent
2.58%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
NSW › Waratah › Lambton Rd
$850,000
Last sold
7 Nov 2024
3
Bedrooms
1
Bathrooms
1
Car spaces
409 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
$850,000
7 Nov 2024 · derived via latest_sale
Local land rate: recorded House sales in Waratah (last 5 years) with land size have a median of $1,944/m² of land (n=105). Districts calculation from recorded sales — not a valuation.
Waratah at a glance
4,957
People
$1,040,000
Median sale
$516/wk
Median rent
2.58%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Vs Waratah
-18.3%
Median sale
Suburb $1,040,000
+0.58 pp
Gross yield
Suburb 2.58%
Suburb median $1,040,000 from 37 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 $516/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
Waratah at a glance
4,957
People
$1,040,000
Median sale
$516/wk
Median rent
2.58%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts NewcastlePresenting for the first time in nearly thirty years, this generously sized three-bedroom home is perfectly positioned on the tree-lined quiet pocket of the street surrounded by other well-kept family residences. This incredibly located home is within easy walking distance to a portfolio of schools, Waratah Village and even the popular Georgetown precinct.
In more recent years the home has received a second level addition with a floating staircase and the inclusion of a private third bedroom and second living room with new carpets and split system air-conditioning. On the ground level you'll find period features, an updated bathroom, two generous bedrooms, plus two bonus sunrooms. A spacious functional kitchen sits just off from the open plan dining and main living area. The home is move-in ready or provides further opportunity to add your own personal touches and enhancements. Outside at the back of the home you'll find a comfortable covered patio space and at the front a period facade with grassy lawn and a long driveway greets you, before providing carport and lock-up parking.
The location of this property and the scale of the home with the bonus rooms and multiple living areas delivers immense potential for one lucky family. It would suit working professionals looking for a convenient and easy commute to Newcastle CBD, the John Hunter or Calvary Mater Hospital and Newcastle University. Plus, there is a quality selection of schools all within walking distance.
- Two storey extra-large three-bedroom home with two bonus sunrooms
- Perfectly positioned on the tree-lined quiet pocket of the street surrounded by other well-kept family residences
- Two split system air-conditioning units and wooden floors in sections of the home
- Three well-sized bedrooms and two extra sunrooms
- Multiple living zones, one on the second level and one on ground
- Period features downstairs and a character facade
- Fairly level block with covered patios area, long driveway, carport and lock-up garage
- Conveniently located just minutes from Inner City Bypass, John Hunter Hospital, Calvary Mater Hospital, Newcastle Uni, Newcastle CBD and world class beaches
- Waratah Public School 310m, Callaghan College – 1300m, St Philip's - 400m
* This information has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.
Listing description written by Sam Tsiaousis, Harcourts Newcastle — reproduced as published, not verified by Districts.