Wickham at a glance
2,008
People
$1,125,000
Median sale
$705/wk
Median rent
3.26%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
NSW › Wickham › Bishopsgate St
$593,000
Last sold
21 Oct 2023
3
Bedrooms
1
Bathrooms
0
Car spaces
177 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
$593,000
21 Oct 2023 · derived via latest_sale
Local land rate: recorded House sales in Wickham (last 5 years) with land size have a median of $4,967/m² of land (n=22). Districts calculation from recorded sales — not a valuation.
Wickham at a glance
2,008
People
$1,125,000
Median sale
$705/wk
Median rent
3.26%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Vs Wickham
-47.3%
Median sale
Suburb $1,125,000
+2.92 pp
Gross yield
Suburb 3.26%
Suburb median $1,125,000 from 5 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 $705/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
Wickham at a glance
2,008
People
$1,125,000
Median sale
$705/wk
Median rent
3.26%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Presence Real EstateIf you crave inner-city living but do not want to be part of the apartment life crush, here is your opportunity to create your own funky urban home or investment property in the heart of Wickham. Undertake a comprehensive renovation or start from scratch with this potential knock-down rebuild, just moments from the CBD in the vibrant and booming suburb of Wickham.
The current home features a cute front verandah, three bedrooms, kitchen, living and plumbed bathroom but is basically gutted so you can start planning the reno today. Get on the tools and turn the cheapest house in the city into a second income or your own little piece of the Newcastle property pie.
Once all the hard work is done, walk to the newly opened Thermidor Oyster Bar and Brasserie for divine seafood and a bottle of bubbles or perhaps to the Honeysuckle Hotel to take in the water views and a pint or two. Pick up a delish sourdough pizza from Masa Madre just around the corner or make a special night of it at Elementa or The Flotilla. If live music is your thing you can walk to the famed Lass O'Gowrie (just 130 metres away) or catch the tram to the city to catch a show at the iconic Civic Theatre. It is all so easy from this uber central location!
* Three bedroom renovator – a totally blank canvas
* Or alternatively - knock down and rebuild a funky city abode or investment property
* Cheapest home in our beautiful coastal city
* Grab a beer at the Albion Hotel(350 metres) or the Newcastle Yacht Club – just 7 mins walk
* 300 metres to the Newcastle train and tram exchange
* Catch the tram just a couple of stops to the Honeysuckle or Queen's Wharf dining precincts
* Trains to Sydney leave on a very regular basis or head to the country or north to Qld
* 1.9km to the Newcastle CBD with its thriving coffee culture, theatres and galleries
* 8 mins to Bar Beach, 10 mins to Dixon Park SLSC and surf break and 10 mins to Nobbys Beach and lighthouse
* 24 mins to Newcastle airport(with domestic and international flights) and Williamtown Air Force Base
Outgoings
Council rates: $2,359 approx per annum
FRIENDLY AUCTION DISCLAIMER:
This property is being sold under the Online Friendly Auction System.
An independent pest & building report is available on request at no charge to you. This is
the type of report your solicitor would usually recommend purchasing before
bidding at an auction or before making an unconditional offer prior to auction
and are conducted by a panel of reputable companies. The companies have
consented to friendly auction terms and will generally be happy to speak to you
about your queries in reports and in most cases transfer the reports into your
name if you are the successful buyer at auction or prior to auction.
Flexible deposit and settlement conditions are also available by negotiation with
the agent if required.
Offers can also be made prior to auction and each offer will be assessed on its
merits.
Live streaming auction. Bid and buy with confidence in this consumer driven,
transparent auction system that was pioneered here in Newcastle but is now in
use across Australia. We also have a downloadable guide available on our
website.
***Health & Safety Measures are in Place for Open Homes & All Private
Inspections
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 Matt Thompson, Presence Real Estate — reproduced as published, not verified by Districts.