Newcastle West at a glance
1,870
People
No data
Median sale
$717/wk
Median rent
No data
Suburb gross yield
NSW › Newcastle West › Hunter St
$1,125,000
Last sold
1 Aug 2022
3
Bedrooms
2
Bathrooms
0
Car spaces
242 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
$1,125,000
1 Aug 2022 · derived via latest_sale
Local land rate: recorded House sales in Newcastle West (last 5 years) with land size have a median of $4,134/m² of land (n=3). Districts calculation from recorded sales — not a valuation.
Newcastle West at a glance
1,870
People
No data
Median sale
$717/wk
Median rent
No data
Suburb gross yield
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 $717/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
Newcastle West at a glance
1,870
People
No data
Median sale
$717/wk
Median rent
No data
Suburb gross yield
Listing material
Listed by Presence Real EstateOwn a part of Newcastle's history with this rare and unique opportunity, bring along your dreams and ideas because this place is full of potential! First up we have the ground floor which has been many things over the years including a Chinese herbalist and until 2013 the Shopfront Gallery, a contemporary artist-run space. Currently being used as an artists' space, the large main room, separate office with courtyard access, and galley kitchenette space are sure to ignite the imagination. The enclosed private courtyard could be turned into a lovely alfresco dining space or an outdoor workshop for your top-secret projects. On this level is also a toilet and outdoor shower room. Glimpses of the original wood floors, understairs cubby, and large window displays are sure to help you come up with some amazing ideas to restore this grand building to its former glory.
With private on-street access, 539A is located overtop the shop at the top of a large flight of stairs. Upon entering the apartment your breath is taken away by the extremely high ceilings and generous spaces. Two bedrooms overlook Hunter Street, a single bedroom, and a king-sized bedroom with a reverse cycle, both with wardrobes. The master suite is located at the back and has a wardrobe and ensuite. A large lounge room is given life and light through a skylight and flows around to the kitchen and dining space. The kitchen offers plenty of storage and bench space and looks out onto a small back verandah, with the main bathroom and laundry combo completing the property. With large windows through, this apartment is full of natural light and character.
Hunter Street has long been one of the main arteries of the city's life and is currently in the process of coming back to life after the closing of the train lines and the installation of the light rail. This property is sure to go quickly as it is located close to everything you could need from grocery shops, clothing shops, entertainment, events, Honeysuckle, and all of Newcastle's wonderful beaches. If you're looking for the ultimate lifestyle opportunity - to live above your business - this is the property for you!
* 2 units - storefront and upstairs 3-bedroom, 2-bathroom apartment
* Unlimited potential for the right person
* Stunning brick facade
* 500m to Marketown Shopping Centre
* 2.6km to Nobbys Beach, 2.2km to Newcastle Beach, 1.8km to Newcastle Memorial Walk, 2km to Bar Beach
* 1.5km to CBD, 542m to Civic Station, 2.3km to James Fletcher Hospital
To find out more about this property contact Ryan Houston and Gabrielle Coleman on 02 4926 0600
Outgoings:
Water Rates: $1,138.77 per annum approx.*
Council Rates: $6,956.00 per annum approx.*
***Health & Safety Measures are in Place for Open Homes & All Private Inspections
***All inspection attendees will have to answer a health and safety survey to qualify for the inspection of the property
Disclaimer:
All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Some of our properties are marketed from time to time without price guide at the vendors request. This website may have filtered the property into a price bracket for website functionality purposes. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing.
Listing description written by Ryan Houston, Presence Real Estate — reproduced as published, not verified by Districts.