Adamstown Heights at a glance
5,733
People
$1,385,000
Median sale
$848/wk
Median rent
3.18%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
NSW › Adamstown Heights › Russell Ave
$765,000
Last sold
27 Sept 2024
4
Bedrooms
2
Bathrooms
1
Car spaces
663 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
$765,000
27 Sept 2024 · derived via latest_sale
Local land rate: recorded House sales in Adamstown Heights (last 5 years) with land size have a median of $1,851/m² of land (n=142). Districts calculation from recorded sales — not a valuation.
Adamstown Heights at a glance
5,733
People
$1,385,000
Median sale
$848/wk
Median rent
3.18%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Vs Adamstown Heights
-44.8%
Median sale
Suburb $1,385,000
+2.58 pp
Gross yield
Suburb 3.18%
Suburb median $1,385,000 from 34 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 $848/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
Adamstown Heights at a glance
5,733
People
$1,385,000
Median sale
$848/wk
Median rent
3.18%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Century 21 Novocastrian5 Russell Avenue, Adamstown Heights, presents a unique chance for savvy investors or homeowners looking for a project. Situated on an elevated corner block in a sought-after, leafy street, this property offers immense potential for those ready to renovate or rebuild. And the opportunity doesn't stop there—1 Ellerslie Road, the house next door, is also on the market, offering the rare chance to secure two adjoining properties in this prime location.
Property Features:
5 Russell Avenue:
* Elevated 635 sqm corner block
* Large family home with 4 bedrooms and multiple living spaces
* Existing house in need of renovation with plenty of exciting potential
* Extensive views and established trees
* Family friendly street with park nearby
* Exceptional street location with a leafy outlook
1 Ellerslie Road:
* Elevated 614 sqm block
* Similar structure and condition, with solid potential for renovation or redevelopment
* Exceptional street location with a leafy outlook
Why Buy One When You Can Buy Two?
* The properties can be sold separately or together, offering flexibility to suit your needs:
* Developers can take advantage of the combined land size to create something exceptional.
* Investors can maximise their returns by redeveloping two properties in tandem.
* Homeowners looking for space and future growth potential have the chance to create a unique dual-home setup or a large, custom-built residence.
Location Highlights:
* Located in the highly regarded suburb of Adamstown Heights, known for its family-friendly atmosphere and strong community spirit.
* Close proximity to well-regarded schools makes it an ideal location for families.
* Excellent transport links with easy access to bus routes and major roads
* Just minutes from Westfield Kotara, offering a variety of shopping, dining, and entertainment options.
* Only 10 minutes to Dudley beach or the beautiful Merewether Beach, perfect for enjoying Newcastle's famous coastal lifestyle.
Suburb Insights:
Adamstown Heights is a thriving suburb with a strong property market. The median house price currently sits at $1,080,000, reflecting the area's desirability and strong demand. With an annual growth rate of 6.9% for houses, this suburb remains a solid investment choice. For investors, houses in Adamstown Heights typically rent for $695 per week, providing an attractive rental yield of 3.6%. (source realestate.com)
Zoning: R2 Low Density Residential
Land Area: 663sqm approx
Council: Lake Macquarie
Land Rates: $2445pa approx
Water Rates: $926pa approx
We have obtained all information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. Photos maybe digitally edited and include virtual furniture.
Listing description written by Casey Healey, Century 21 Novocastrian — reproduced as published, not verified by Districts.
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