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 › Neilson St
$860,000
Last sold
5 Aug 2025
2
Bedrooms
1
Bathrooms
3
Car spaces
686 m²
Land
62 m²
Building
Districts View
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
$860,000
5 Aug 2025 · derived via latest_sale
Local land rate: recorded House sales in Wallsend (last 5 years) with land size have a median of $1,599/m² of land (n=118). 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.
Vs Wallsend
-4.4%
Median sale
Suburb $900,000
+0.16 pp
Gross yield
Suburb 3.41%
Suburb median $900,000 from 102 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 $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 Raine & Horne New LambtonSet on a generous 686sqm block with a wide 34m frontage, this charming cottage presents a rare opportunity for investors or small-scale developers seeking value, versatility, and future growth.
Perfectly positioned on one side of the block, the existing home allows excellent scope to add a second dwelling beside it (subject to Council approval). Whether you're looking to develop or enjoy solid rental returns, this property ticks all the boxes.
Property Highlights:
• Approx. 686sqm block with 34m frontage - prime for dual occupancy (STCA)
• Neat and charming two-bedroom cottage ready for immediate tenancy
• Oversized main bedroom with bay window seat and ceiling fan
• Second bedroom freshly painted with new carpet, mirrored built-in and ceiling fan
• Open-plan lounge and dining with air conditioning, ceiling fans, and sunny reading nook
• Renovated kitchen and well-maintained bathroom with separate shower and bath
• Enclosed rear verandah - ideal for a plant enthusiast or hobby space
• Character features including picture rails and picket fence appeal
• Double garage plus single carport - ample off-street parking
• Large backyard with vegie patches and plenty of green space
This is a fantastic opportunity to secure a versatile property in a sought-after location, just minutes from Wallsend Village, transport links, schools and parks. You'll also be close to St Patrick's Catholic Church and Primary School, a brand-new childcare centre, with a bus stop at your doorstep and an elevated position that adds to the appeal.
Listing description written by Lisa Brzozowski, Raine & Horne New Lambton — reproduced as published, not verified by Districts.