Wallsend at a glance
14,084
People
$900,000
Median sale
$591/wk
Median rent
3.41%
Suburb gross yield
Median sale from 102 recorded sales (last 12 months) — a Districts calculation.
NSW › Wallsend › Macquarie St
4
Bedrooms
1
Bathrooms
2
Car spaces
1,031 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Wallsend (last 5 years) with land size have a median of $1,581/m² of land (n=119). Districts calculation from recorded sales — not a valuation.
Wallsend at a glance
14,084
People
$900,000
Median sale
$591/wk
Median rent
3.41%
Suburb gross yield
Median sale from 102 recorded sales (last 12 months) — a Districts calculation.
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 $591/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
Wallsend at a glance
14,084
People
$900,000
Median sale
$591/wk
Median rent
3.41%
Suburb gross yield
Median sale from 102 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate Lake MacquarieWelcome to 56 Macquarie Street, a rare offering set on a colossal 1031sqm parcel of land right in the heart of Wallsend.
With a wide 20.2-metre frontage and 50.4-metre depth, this property is a golden opportunity for homeowners, renovators, or savvy developers seeking space and potential in a tightly held central location.
The solid brick and tile home is packed with charm and ready for its next chapter.
Ripe for renovation, the residence offers four bedrooms and features classic high ceilings throughout, enhancing the sense of space and traditional appeal.
At the front of the home, a light-filled sunroom offers the perfect morning retreat, while a second sunroom at the rear of the property captures expansive valley views over the area.
The generous lounge room is highlighted by rich parquetry flooring and flows effortlessly into a separate meals area at the centre of the home.
The adjoining galley-style kitchen offers ample bench and cupboard space, creating a functional layout with excellent potential to transform into a stylish and modern cooking space.
Designed with lifestyle and flexibility in mind, the home also includes a large enclosed entertaining area outside, ideal for summer BBQs, casual gatherings, or relaxing weekends.
With a large backyard, this home is perfectly suited for a growing family-there's plenty of room for a veggie patch, space for kids and pets to run and play, or the option to build extra garaging, a granny flat, or even explore development potential (STCA).
The block's layout and generous proportions provide endless opportunity.
Practicality is another standout feature, with dual driveways, one on the left side of the property leading to the garage and workshop, and another on the right-hand side allowing direct access into the backyard.
Whether it's for extra parking, trailers, or machinery access, the convenience is unbeatable.
Car enthusiasts and tradespeople will be impressed by the oversized 11.1-metre-long gun-barrel garage and huge 7.3m x 3.2m workshop, complete with an overhead beam for a pulley and mechanic's pit, making it the ultimate workspace for projects, repairs, or storage.
Land size approx. 1031m2 with 20.2m frontage & 50.4m depth.
Land Rates approx. $551 Per Quarter
Water Rates approx. $259.46 Per Quarter
Potential Rental Return approx. $680 Per Week
All of this is situated in a highly sought-after location, just minutes from Wallsend's shopping centres, Wallsend swim centre, local schools, public transport, parks, medical services, Bunnings, the Newcastle Inner City Bypass, and the Hunter Expressway.
Whether you're looking to renovate, extend, or develop, 56 Macquarie Street presents a truly exciting opportunity in one of Wallsend's most desirable pockets.
Secure your future, bring your vision, and make your mark-this is a property not to be missed.
For further information contact the local area's first choice for real estate Troy Duncan on 4950 8555
First National Real Estate Lake Macquarie are your local experts for the Lake Macquarie and Newcastle area, we proudly market this home and are always looking for more homes to sell. If you would like honest, expert advice to achieve excellent results, call us on 4950 8555 to discuss your home.
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. 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 Troy Duncan, First National Real Estate Lake Macquarie — reproduced as published, not verified by Districts.