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NSW › East Maitland › Banks St

83 Banks St, East Maitland NSW 2323

House

$850,000

Last sold

16 May 2025

4

Bedrooms

3

Bathrooms

2

Car spaces

556.4 m²

Land

204 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $850,000 (16 May 2025).(Recorded sale)
  • CalculationRecorded House sales in East Maitland (last 5 years) with land size: median $1,301/m² of land (n=138). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$850,000

16 May 2025 · derived via latest_sale

Local land rate: recorded House sales in East Maitland (last 5 years) with land size have a median of $1,301/m² of land (n=138). Districts calculation from recorded sales — not a valuation.

East Maitland at a glance

12,227

People

$850,000

Median sale

$566/wk

Median rent

3.46%

Suburb gross yield

Median sale from 121 recorded sales (last 12 months) — a Districts calculation.

See the full East Maitland report →

Vs East Maitland

0.0%

Median sale

Suburb $850,000

0.00 pp

Gross yield

Suburb 3.46%

Suburb median $850,000 from 121 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$850,00016 May 2025
  2. Listedprice unknowncompleted24 Mar 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $566/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

East Maitland in one glance

East Maitland at a glance

12,227

People

$850,000

Median sale

$566/wk

Median rent

3.46%

Suburb gross yield

Median sale from 121 recorded sales (last 12 months) — a Districts calculation.

See the full East Maitland report →

Keep researching

  • Why East Maitland? Read the area thesis →
  • What else is on the market in East Maitland →
  • Other records on Banks St →

Listing material

Listed by Clarke & Co Estate Agents

CHARMING CLASSIC COTTAGE IN THE HEART OF EAST MAITLAND!

Property Highlights:

- Charming Australian country home with plenty of space and gorgeous gardens.

- Formal lounge at the front, plus an open plan living, kitchen and dining area.

Read the full description

- Spacious kitchen with a large island and breakfast bar and quality Bosch appliances.

- Four generous bedrooms, three with built-in robes, and two with ensuites.

- Contemporary family bathroom with built-in bath and separate WC, plus an ensuite to the front master and a large open ensuite with a corner spa bath in the rear bedroom.

- Multiple split system air conditioning units plus new ceiling fans throughout.

- Timber floorboards, ornate cornices, roller blinds, curtains and shutters & freshly painted inside and out.

- Undercover front patio plus a rear timber alfresco with privacy screens and pool views.

- Above ground pool surrounded by Merbau decking with shade sails above.

- Long driveway and a separate double garage plus double gated wide side access.

- Instant gas hot water, a security screen door and NBN fibre to the premises.

Outgoings:

Council Rate: $2,480 approx. per annum

Water Rate: $818.67 approx. per annum

Rental Return: $700 approx. per week

Nestled in the ever popular suburb of East Maitland, this charming classic Australian cottage effortlessly combines timeless appeal with modern comforts. With a heritage spanning 70 to 80 years, this home oozes character and charm, perfect for those seeking a blend of history and contemporary living.

Located in a prime position, you're just moments from Stockade Hill Park and a short trip to Green Hills Shopping Centre or Maitland's CBD. Whether it's a day out shopping, dining, or commuting via the nearby Victoria Street Train Station, everything you need is at your fingertips. And with Newcastle and the Hunter Valley vineyards only a short drive away, this spot offers the best of both worlds: city convenience with a touch of rural charm.

As you approach the freshly painted weatherboard home, you'll be greeted by beautifully landscaped gardens with gorgeous hedges and established trees. The concrete undercover front porch offers the perfect spot to enjoy your morning coffee while watching the world go by.

Step through the timber and glass feature door into a welcoming hallway, where classic wainscoting and ornate cornices set the tone for the home's stylish yet inviting atmosphere. Inside, you'll find all the modern touches, with new ceiling fans, fresh paint, and a mix of tiles, carpet, and timber flooring adding warmth and functionality.

The formal lounge is a cosy haven complete with Daikin split system air conditioning. Shutters frame the window, providing privacy while offering a lovely view of the front yard, and LED downlights illuminate the space beautifully in the evening.

Flowing seamlessly from the lounge is the open-plan kitchen, living, and dining area, forming the heart of the home. Hardwood floors continue throughout, and ceiling fans with lights, along with a gas point and another split system air conditioner, ensure comfort year round.

The kitchen is a chef's dream, featuring a brand new Bosch gas stove and oven, a large island with a breakfast bar, a dual sink, and 40mm laminate benchtops. A built-in corner pantry, Bosch dishwasher, rangehood, and tiled splashback complete this functional yet stylish space.

Bedrooms in this home are both comfortable and versatile. The master bedroom, situated at the front, boasts plush carpet, a ceiling fan, split system air conditioning, and a window that overlooks the manicured front yard. Shutters and curtains provide added privacy, while the mirrored built-in robe and an ensuite with floor to ceiling tiles, a large shower, and a vanity with soft-close cabinetry add a touch of luxury.

The second master, located at the back of the house, offers a retreat like atmosphere, with a ceiling fan, split system air conditioning, roller blinds, and glass sliding doors that lead to the alfresco area. This room also features an open ensuite with a built-in corner bath, a new shower screen, and a vanity with soft close cabinetry, perfect for guests or as a teenage retreat.

Two additional bedrooms, one with carpet and built-in robe, and the other with hardwood flooring and ornate cornices, provide further flexibility. This four bedroom would also be ideal as a home office. These rooms are serviced by the well appointed main bathroom, featuring a shower and a built-in bathtub.

Step outside, and you'll find an outdoor space designed for relaxation and entertaining. The undercover alfresco area overlooks the pool, an above-ground, chlorinated beauty, complete with new pool sails for shade. Whether it's a summer BBQ or a quiet evening under the stars, this space is sure to impress, with manicured hedges surrounding the area for added privacy.

The yard offers dual side access, including a wide double-gated entrance, leading to a long driveway and a separate double garage. Additional features include a tube system on the roof that heats the pool, a security screen on the front door, instant gas hot water and NBN fibre to the premises.

This East Maitland gem is the perfect blend of classic Australian cottage charm and contemporary comfort, offering an enviable lifestyle in a sought-after location. Don't miss your chance to make this delightful home your own. We encourage our clients to contact the team at Clarke & Co Estate Agents today to secure their inspections.

Why you'll love where you live;

- Located just 5 minutes from Green Hills Shopping Centre, offering an impressive range of retail, dining and entertainment options right at your doorstep.

- 5 minutes to Victoria Street Train Station.

- Less than 10 minutes to Maitland's heritage CBD and revitalised Levee riverside precinct.

- A short ten minute drive to the charming village of Morpeth, offering boutique shopping and cafes.

- 40 minutes to the city lights and sights of Newcastle.

- 30 minutes to the gourmet delights of the Hunter Valley Vineyards.

***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 Michael Kirwan, Clarke & Co Estate Agents — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Dishwasher
  • Ensuites: 2
  • Floorboards
  • Living Areas: 2
  • Toilets: 3

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.