Redhead at a glance
3,947
People
$2,000,000
Median sale
$727/wk
Median rent
1.89%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
$3,000,000–$3,300,000
For sale
Asking range
5
Bedrooms
4
Bathrooms
4
Car spaces
478 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
Asking
$3,000,000–$3,300,000
Asking range · $6,276/m² of land
No recorded sale for this property.
Redhead at a glance
3,947
People
$2,000,000
Median sale
$727/wk
Median rent
1.89%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Vs Redhead
+50.0%
Median sale
Suburb $2,000,000
-0.63 pp
Gross yield
Suburb 1.89%
Suburb median $2,000,000 from 5 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$150,879 on top of the price (5.0% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Redhead's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 $727/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.
Gross yield if leased at the suburb aggregate is 1.3%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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
Redhead at a glance
3,947
People
$2,000,000
Median sale
$727/wk
Median rent
1.89%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Belle Property NewcastleForget the standard coastal formula, 45 Steel Street, Redhead is a home that borrows more from a converted warehouse design than a conventional beach-house, stacking three self-contained levels beneath one bold roofline and framing ocean views as a constant backdrop. Raw materials, oversized proportions and a carefully engineered sense of separation create a residence that can operate as one expansive home, a multigenerational sanctuary, or three distinct self-contained environments.
The layout is less about cookie-cutter and more about lifestyle. Each level carries its own identity, complete with kitchens, bathrooms and living zones, while a lift connects the entire structure with whisper-quiet efficiency. The ground floor flat with separate entry includes a reception space, leaning into a home based business or Airbnb rental. Light arrives from unexpected angles, filtering through a central atrium and travelling deep into the floorplan. Open spaces spill onto balconies and terraces for premium entertaining, and the view across the coastline allows you to check the surf conditions without leaving home. Every detail is thoughtful, from the workshop-sized garage and mezzanine storage to the flexibility built into the home's configuration.
Outside, Redhead's best-known landmarks are part of the daily landscape. The beach sits just 500 metres away, surf breaks are reached on foot, and the Fernleigh Track and Awabakal Nature Reserve open up kilometres of coastline, bushland and cycling trails. It's a location where the natural environment does the talking, and the home is designed to full advantage of it.
- Architecturally distinctive home delivered across three self-contained levels
- Flexible floorplan suited to multigenerational living, guest accommodation or income generation
- Potential to operate as separate residences or as one substantial home
- Three kitchens appointed with stone surfaces, island benches and premium appliances including Miele
- Gorgeous open plan living zones enhanced by a collection of balconies and entertaining areas
- Five oversized bedrooms, including a top-floor parents' retreat with uninterrupted ocean views
- Four bathrooms featuring full-height tiling, frameless showers and the main with deep soaking tub
- Lift servicing all levels and a central garden atrium introducing natural light deep into the home
- Handy laundry chute connecting to upper levels
- 3.5kW solar electricity system plus solar hot water
- Oversized double garage with mezzanine storage, workshop space and room for a boat or van
- 500m to the sand and surf of Redhead Beach, with easy access to Fernleigh Track and Awabakal Nature Reserve
- 10 min drive to Charlestown Square/CBD for shopping, dining, entertainment, medical centres
We have obtained all information used in the preparation of this document from third party sources however, we cannot guarantee the accuracy or currency of this information. Prospective purchasers and their advisors are advised to carry out and rely on their own enquiries and investigations in relation to the information in this document and the property it concerns
Listing description written by Brendan Murgatroyd, Belle Property Newcastle — reproduced as published, not verified by Districts.