Carrington at a glance
2,266
People
$990,000
Median sale
$733/wk
Median rent
3.85%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
NSW › Carrington › Gipps St
$815,000
Last sold
2 Dec 2020
3
Bedrooms
1
Bathrooms
0
Car spaces
252.9 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
$815,000
2 Dec 2020 · derived via latest_sale
Local land rate: recorded House sales in Carrington (last 5 years) with land size have a median of $4,332/m² of land (n=67). Districts calculation from recorded sales — not a valuation.
Carrington at a glance
2,266
People
$990,000
Median sale
$733/wk
Median rent
3.85%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Vs Carrington
-17.7%
Median sale
Suburb $990,000
+0.83 pp
Gross yield
Suburb 3.85%
Suburb median $990,000 from 25 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 $733/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
Carrington at a glance
2,266
People
$990,000
Median sale
$733/wk
Median rent
3.85%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Presence Real EstateNestled in a picturesque street featuring a tree-lined centre island and mere steps from Grahame Park, this charming three-bedroom home is an absolute delight. Walk to the classic corner store or take advantage of the booming café culture and restaurants. Enjoy the activities on and alongside Throsby Creek, peppered with scenic walking trails and cycle paths.
The original home holds three generous sized bedrooms and blends seamlessly into the extension featuring an expansive living area with over three-metre high ceilings and wrap around sliding glass windows to let the sunlight and breeze flow in. The kitchen is at the heart of the home with a breakfast bar, gas stovetop and generous cupboard space. A formal dining room showcases the lovingly restored original fireplace and mantel. Stained glass windows and doors retain original charm while modern finishes provide the ultimate ease of living.
Carrington is becoming increasingly popular due to its proximity to Newcastle CBD. You'll find trendy cafés and bars, along with hotels and bowling clubs offering top quality food options all within walking distance. For the active, this suburb is home to the Newcastle Rowing club and Newy Parkrun, both less than one kilometre from your front door, while a 10-minute scenic cycle along the harbour will take you to Honeysuckle or on to Nobby's Beach. Due to its modern update and versatility this property will appeal to a large array of buyers, from professionals and growing families to downsizers and investors. A modern renovation offering space and privacy. This is a superb investment in a booming suburb.
• Three generous bedrooms, two bedrooms contain floor to ceiling built-in wardrobes and ceiling fans, two feature plank wood ceilings
• Large master bedroom includes sitting area with the potential to use as an office space
• Enormous living area with wrap around sliding glass windows, fully screened with timber Venetian blind coverings
• Original fireplace and mantel in the dining room
• Bathroom has new vanity, separate bath and shower and the separate w/c is new
• Separate laundry with additional shelving
• Solar hot water system with a booster from the grid to ensure reliable supply of hot water
• Fully fenced block, a picket fence facing the street with low maintenance backyard and lockable garden shed
• 300m from Carrington Public School, 4min drive to Tighes Hill Public School
• 4min walk to a bus to Marketown Shopping Centre and the Newcastle Interchange
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.