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 › Madison Dr
$865,000
Last sold
16 Aug 2022
3
Bedrooms
1
Bathrooms
2
Car spaces
664 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
$865,000
16 Aug 2022 · 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
-37.5%
Median sale
Suburb $1,385,000
+1.92 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 Harcourts NewcastleThere are some properties so simply loved they have not come onto the market ever, like this original three-bedroom classic Hudson home that's now ready for a new owner to love it as much as its last. 53 Madison Drive is a bona fide original, which has been lovingly maintained in tip-top condition by one family since 1963 and is now ripe for a value-adding makeover.
A fresh lick of paint and replacing carpet would give an instant lift while a contemporary upgrade of the kitchen and bathroom will add immediate value.
Loved for their solid reputation, family-friendly design, and great storage, you can't go wrong with a Hudson built home. Growing families all over Newcastle recognise the quality in these properties underpinned by one of the best locations in the city for great schooling, multiple parks and sporting fields, and of course almost instant access to Westfield Kotara and The Fernleigh Track.
- Classic Hudson built brick and tile home on 664sqm block on the flat middle part of Madison Drive
- East/west aspect with pleasant district views front and rear
- Tandem car garage with drive-through plus extra parking on driveway
- Bright lounge and dining room plus family room at rear overlooking garden
- Three bedrooms, master with original built-in robe
- Vintage timber kitchen with electric stove
- Original bathroom with bath, shower, separate w/c, external laundry
- Stroll to Kotara High, Belair Public, St James Primary, St Pius X
- 1200m to Westfield, 7km to Merewether Beach and Newcastle city centre
Follow this link to make an offer: https://prop.ps/l/wmu34LZuaZEd
* 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 Adam Pearce, Harcourts Newcastle — reproduced as published, not verified by Districts.