Tighes Hill at a glance
1,970
People
$1,260,000
Median sale
$600/wk
Median rent
2.48%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
NSW › Tighes Hill › Proctor St
$845,000
Last sold
8 Dec 2023
3
Bedrooms
1
Bathrooms
2
Car spaces
354.9 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
$845,000
8 Dec 2023 · derived via latest_sale
Local land rate: recorded House sales in Tighes Hill (last 5 years) with land size have a median of $3,173/m² of land (n=65). Districts calculation from recorded sales — not a valuation.
Tighes Hill at a glance
1,970
People
$1,260,000
Median sale
$600/wk
Median rent
2.48%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Vs Tighes Hill
-32.9%
Median sale
Suburb $1,260,000
+1.21 pp
Gross yield
Suburb 2.48%
Suburb median $1,260,000 from 15 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 $600/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
Tighes Hill at a glance
1,970
People
$1,260,000
Median sale
$600/wk
Median rent
2.48%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Presence Real EstateJust 10 minutes from the beating heart of Newcastle, this gorgeous property presents a brilliant buy in a prime location, a short walk from the iconic Equium Social and several brand new brewpubs. This beautifully presented home has a pretty front porch, a modern kitchen which opens to the open plan dining and living space, three bedrooms and parking for two vehicles – a rarity in this part of town.
Move in now and see the equity grow in this booming area that is quickly gentrifying along with its surrounding suburbs…Wickham, Islington and Carrington. Enjoy the thriving café culture and amazing restaurants including The Flotilla and Elementa. Head out for a surf on the weekend – Bar Beach is just 13 minutes in the car and Nobbys is less than 15 minutes. If it is dinner and dancing you are after it is a quick Uber ride to any number of bustling dining precincts and the CBD.
Alternatively you could snap up this property and give your tenants the opportunity to live the inner urban life but just that little bit away from the truly frenetic pace of the city. If you are looking to build an uber-contemporary home…this block on a quiet street close to town might be just what you are searching for. Prepare the plans and build your family home from the ground up – no compromises – alongside other new builds that are taking this suburb to the top of the most wanted list. This versatile property is yours for the taking…now what to do with it? Will it be your first home? An astute investment? Or will you knock it down and build a contemporary home on this fabulous city block?
- Modern three bedroom, one level brick and tile home
- Modern kitchen with stone counter, stainless Westinghouse oven and range hood, Dishlex dishwasher, and dedicated nook for the coffee machine or Thermomix
- Neat bathroom with soak in tub and separate toilet
- Fully fenced yard for the kids or fur babies
- Covered carport and off street parking for at least two vehicle – exceedingly rare in this part of town
- Split system air conditioner and gas outlet for heater
- Brilliant buy for first home owner, investor or knock down/rebuild in sought after area
- 6 mins to Beaumont Street, 10 mins to Honeysuckle and the CBD
- 600 metres to Tighes Hill Public School, 1.8km to San Clemente High School. 2.8km to Hunter Christian School
- 15 mins to a selection of Newcastle's beautiful beaches and 30 mins to Newcastle Airport
Outgoings:
Water rates: $825.42 approx per annum
Council rates: $2,176 approx per annum
Disclaimer:
All information provided by Presence Real Estate in the promotion of a property for either sale or lease has been gathered from various third-party sources that we believe to be reliable. However, Presence Real Estate cannot guarantee its accuracy, and we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements in the information provided. Prospective purchasers and renters are advised to carry out their own investigations and rely on their own inquiries. All images, measurements, diagrams, renderings and data are indicative and for illustrative purposes only and are subject to change. The information provided by Presence Real Estate is general in nature and does not take into account the individual circumstances of the person or persons objective financial situation or needs.
Listing description written by Amanda Reid, Presence Real Estate — reproduced as published, not verified by Districts.