Argenton at a glance
1,525
People
$872,000
Median sale
$350/wk
Median rent
2.09%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
$545,000
Last sold
27 Sept 2022
2
Bedrooms
1
Bathrooms
1
Car spaces
652 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
$545,000
27 Sept 2022 · derived via latest_sale
Local land rate: recorded House sales in Argenton (last 5 years) with land size have a median of $1,252/m² of land (n=33). Districts calculation from recorded sales — not a valuation.
Argenton at a glance
1,525
People
$872,000
Median sale
$350/wk
Median rent
2.09%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Vs Argenton
-37.5%
Median sale
Suburb $872,000
+1.25 pp
Gross yield
Suburb 2.09%
Suburb median $872,000 from 13 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 $350/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
Argenton at a glance
1,525
People
$872,000
Median sale
$350/wk
Median rent
2.09%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Elders Real Estate LambtonThis property is offered for the first time in over 70 years! Having been cherished by the one family since the 1950's, it is now time for the next chapter.
The existing house could be rented out initially with the prospect of development in the future. The property is zoned `R3 Medium Density Residential', so it has superb potential as a residential development site or multiple community uses.
The home boasts 2 king size bedrooms, separate lounge and dining rooms, sunroom, neat kitchen, tiled bathroom, and laundry and separate toilet at the rear of the property. A freestanding single garage and multiple storage sheds are set amongst the large near level rear yard. The home also boasts air conditioning, high ceilings, timber floor boards under the homes existing floor coverings, and ceiling fans.
The home provides an amazing opportunity to purchase a property on a generous 652msq block close to Waratah Golf Club, Stockland Glendale, Argenton Hotel, Bunnings and Costco, shops, schools, public transport, and sporting fields.
Close to several well-regarded schools including Argenton Public School (8 min walk) and Glendale Technology High School (5 mins). Multiple shopping choices include Stockland Glendale (3 mins), and Charlestown Square and Westfield Kotara (20 mins). Points of interest include the John Hunter Hospital (15 mins), Hunter Sports Centre (3 mins), Waratah Golf Club (directly across the road), Argenton Hotel (3 min walk), while being an easy drive to the Pacific Motorway, Hunter Expressway, Lake Macquarie and into Newcastle CBD.
The features of this property are as follows:
- 2 King Size Bedrooms
- Tiled Bathroom
- Large Kitchen
- Formal Dining Room
- Lounge Room
- Laundry
- Separate Toilet
- Sunroom
- Freestanding Single Garage
- Timber Floorboards
- Combustion Stove
- Split System Air Conditioning
- Ceiling Fans
- Multiple Garden Sheds
- 652msq block
Potential Rent - $450 per week (with minimal updating, i.e. carpet, paint, etc).
A copy of the contract for sale is available upon request for your information.
Listing description written by Scott Richardson, Elders Real Estate Lambton — reproduced as published, not verified by Districts.