Waratah West at a glance
3,392
People
$958,000
Median sale
$575/wk
Median rent
3.12%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
NSW › Waratah West › Branxton St
$665,500
Last sold
9 Feb 2021
3
Bedrooms
1
Bathrooms
2
Car spaces
594 m²
Land
108 m²
Building
Districts View
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
$665,500
9 Feb 2021 · derived via latest_sale
Local land rate: recorded House sales in Waratah West (last 5 years) with land size have a median of $1,598/m² of land (n=105). Districts calculation from recorded sales — not a valuation.
Waratah West at a glance
3,392
People
$958,000
Median sale
$575/wk
Median rent
3.12%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Vs Waratah West
-30.5%
Median sale
Suburb $958,000
+1.37 pp
Gross yield
Suburb 3.12%
Suburb median $958,000 from 38 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 $575/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 West at a glance
3,392
People
$958,000
Median sale
$575/wk
Median rent
3.12%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Elders Real Estate LambtonThis home offers so much more than meets the eye! Cherished by the one and only family for the past 56 years, the home has multiple living areas, an abundance of natural light, views to the coast by day and the sparkling lights at night, and all nestled in a quiet street.
The home boasts three generous bedrooms (one currently being used as a living area) and a tiled bathroom with views to the rear garden. A neat timber kitchen, spacious living and dining area, and a large balcony, all take in the simply stunning views towards Newcastle and beyond. Downstairs you will find a double length garage with workshop and storage space, a large wine cellar or additional storage, laundry with toilet, and a large Rumpus Room that has options to be used as a living space, teenage retreat, additional bedroom, or a home office.
The rear yard has an undercover timber deck for entertaining, BBQ area, and beautifully established and maintained gardens. This is a private space to enjoy, relax, and recharge.
Close to several well-regarded schools Waratah Public School (4 mins), Callaghan College Waratah Campus (5 mins), and the University Callaghan Campus (4 mins). Multiple shopping choices include Elder Street Lambton Village shops (4 mins), Waratah Village Shopping Centre (6 mins) and Jesmond Central Shopping Centre (6 mins). Points of interest include Lambton Park, Pool, Tennis Courts, Ovals, and Bowling Club (4 mins), Wests Club New Lambton (6 mins), Calvary Mater Hospital (5 mins), John Hunter Hospital and Newcastle Private Hospital (10 mins), a short stroll to Morpeth Road Reserve Playground (100m) and North Lambton Dog Park (400m), while being an easy drive from Newcastle's CBD.
The features of this property are as follows:
Upstairs
- 3 Bedrooms (all with built-in wardrobes)
- Tiled Bathroom with Separate Toilet
- Large Timber Kitchen
- Spacious Lounge & Dining Area
- Front Balcony with Views of Newcastle
- Rear Covered Timber Deck
Downstairs
- Private Entry & Sitting Area
- Large Rumpus Room
- Laundry with Toilet
- Storage/Wine Cellar
- Double Length Garage with Auto Door
General
- Split System Air Conditioner
- Timber Floorboards
- High Ceilings
- Views across Newcastle & beyond
- Established Gardens
- Solar Hot Water
- Close to Shops, Schools and Transport
- 594m² block
Potential Rent - $500 per week.
Council (land) Rates - $437 per quarter (including pension discount).
Water Rates - $152.40 per third + usage (including pension discount).
A copy of the contract for sale is available for your information.
If you are after a family home with countless parks and playgrounds nearby, this may just be the home for you. Likewise this property could prove to be the perfect investment.
Listing description written by Scott Richardson, Elders Real Estate Lambton — reproduced as published, not verified by Districts.