Gateshead at a glance
3,210
People
$835,000
Median sale
$519/wk
Median rent
3.23%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
$800,000
Last sold
16 Dec 2025
3
Bedrooms
1
Bathrooms
1
Car spaces
581 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
$800,000
16 Dec 2025 · derived via latest_sale
Local land rate: recorded House sales in Gateshead (last 5 years) with land size have a median of $1,195/m² of land (n=64). Districts calculation from recorded sales — not a valuation.
Gateshead at a glance
3,210
People
$835,000
Median sale
$519/wk
Median rent
3.23%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Vs Gateshead
-4.2%
Median sale
Suburb $835,000
+0.14 pp
Gross yield
Suburb 3.23%
Suburb median $835,000 from 12 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 $519/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
Gateshead at a glance
3,210
People
$835,000
Median sale
$519/wk
Median rent
3.23%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate Lake MacquarieSet on a generous 570sqm parcel in a quiet, family-friendly pocket of Gateshead, 57 Mallee Street offers effortless living with a modern touch and all the space you need to enjoy both indoor comfort and relaxed outdoor entertaining.
From the moment you arrive, the home's clean façade, oversized windows and extended carport create a welcoming first impression, hinting at the light-filled interiors waiting inside.
Stepping through the front door, you're greeted by a bright, airy living room where high ceilings and full-length windows capture natural light throughout the day.
The split-cycle air conditioner ensures year-round comfort, complementing the home's soft neutral palette and modern updates.
Flowing easily from this space is the renovated kitchen and dining area, complete with sleek cabinetry, stainless steel appliances and good bench space, making everyday cooking easy and enjoyable.
All three bedrooms are generously sized, each with large windows that invite in the garden views and afternoon breeze.
The master bedroom includes a built-in robe, providing practical storage without compromising on space.
The updated bathroom features a clean, contemporary design with a glass-screened shower and modern vanity.
Outdoors, the property truly shines.
A spacious timber deck sits just off the back of the home, creating the perfect spot for weekend barbecues, morning coffees or entertaining friends in the sunshine.
The expansive backyard is surrounded by established trees and offers plenty of room for kids and pets to play.
Two garden sheds provide excellent storage for tools, equipment, or hobbies, while still leaving abundant open yard space to enjoy.
With off-street parking, a generous block, and a layout designed for easy everyday living, this home is ideal for first-home buyers, young families or anyone seeking a move-in-ready property with room to grow.
Positioned close to local schools, shops, transport and the nearby Hunter Sports High precinct, it delivers the perfect balance of convenience and lifestyle.
57 Mallee Street is a home that feels welcoming from the very first moment - modern, comfortable and set on a block that offers endless possibility.
All that's left to do is move in and make it your own.
Land Size Approx. 581.7m2 with 18.3m Frontage & 36.7m Depth
Land Rates Approx. $550 Per Quarter
Potential Rental Return Approx. $650 Per Week
For further information contact the local area's first choice for real estate 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 Nathan White, First National Real Estate Lake Macquarie — reproduced as published, not verified by Districts.