Redhead at a glance
3,947
People
$2,000,000
Median sale
$727/wk
Median rent
1.89%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
NSW › Redhead › Redhead Rd
$3,050,000
Last sold
3 May 2022
6
Bedrooms
3
Bathrooms
5
Car spaces
2,716 m²
Land
452 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
$3,050,000
3 May 2022 · derived via latest_sale
Local land rate: recorded House sales in Redhead (last 5 years) with land size have a median of $3,444/m² of land (n=26). Districts calculation from recorded sales — not a valuation.
Redhead at a glance
3,947
People
$2,000,000
Median sale
$727/wk
Median rent
1.89%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Vs Redhead
+52.5%
Median sale
Suburb $2,000,000
-0.65 pp
Gross yield
Suburb 1.89%
Suburb median $2,000,000 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 $727/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
UnknownArea
Redhead at a glance
3,947
People
$2,000,000
Median sale
$727/wk
Median rent
1.89%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Presence Real EstateAuction Location: Friendly Auction Online - Live via Buy.Realtair.com Website
One of the few Arts and Crafts homes built in the Newcastle and Lake Macquarie area, 'The Gables' c.1924 is a beautiful example presiding over a generous 2,716sqm block adjoining the stunning natural beauty of Awabakal Nature Reserve.
Rich in history, 'The Gables' brings together the best in architectural design against a backdrop of eye-catching period detail, expansive multi-room living and entertaining areas, and beautiful, private gardens where there is an abundance of space for alfresco entertaining and play.
The Arts and Crafts style was sparked by a ground movement towards the revival of traditional construction and craftsmanship using local materials, craftsmen, and traditions. Built on the diagonal – another common feature of the style – the home opens to the north and private gardens featuring a prominent verandah distinguished by its half hexagon shape. It's easy to imagine alfresco dinners and parties in this beautiful spot, with plenty of room in the gardens for games of cricket and soccer against the sounds of birdsong, and where you may wish to envision a pool, tennis court or multi-vehicle garaging.
Inside, the six-bedroom, three-bathroom home reveals ornate 3.3m ceilings, Tallowood floors, brick fireplaces, French doors, fretwork and two staircases linking the ground floor to the sleeping quarters upstairs. Here, some rooms gift glorious coastal views towards Blacksmiths Beach or magical sunset views towards Mount Sugarloaf.
Transitioning from grand living and dining rooms to a luminous north-facing family zone, there are fire-warmed spaces to lounge and entertain, a multi-purpose space for the kids to make a little noise, and multiple spots to set up a study or home office. A separate wing on ground floor features a bedroom, bathroom, kitchenette, and study/sitting room, which could easily be self-contained for visiting guests or as au pair's quarters.
Renovated in 2010, the spacious Miele-appointed kitchen makes cooking a breeze, while a 2.4m x 1.2m recycled Blackbutt island functions as the hub for family life. Casual dinners, homework and catching up on the day's news are the order of the day in this inviting communal zone.
A simply peerless Redhead property, the new custodians of this beautiful home will also love the lifestyle less than 1km to the beach front. This is period beauty for our times – in a lifetime location.
- Private enclave of just six homes
- Gated gardens with gravel driveway and parking for up to five vehicles
- Formal lounge & dining rooms, spacious family room, multi-purpose kids' space
- Contemporary island kitchen featuring Miele induction cooktop, dishwasher, regular oven and combi/microwave oven
- Two working fireplaces and gas heating
- Welsh slate roof completely renewed in 2020
- Three bathrooms including one recently renovated, plus two extra toilets
- Plenty of storage in and around the home
- Freshly painted with new carpet upstairs, tallowwood floors in living areas
- Stunning master bedroom with bay window, custom robes, new sheer curtains
- Rustic gardens with fruit trees and veggie patch, firepit and pizza oven
- Gated access to Awabakal Nature Reserve and 1km track to beachfront
- 14km to Newcastle city centre
History:
Commissioned by the Scottish Australian Mining Company, for their manager Mr. Frank Croudace, 'The Gables' was designed by architect Nigel Bronte Pitt of the firm Pitt and Merewether, and the builder was E. H Banks & Sons. The double brick and Welsh slate building was erected at a cost of £6,000 originally on a five-acre plot of high land overlooking the ocean, which was later sub divided.
In 1932 BHP bought the mine and residence from the Scottish Australian Mining Company and sold the residence to well-known accountants of the time, the Forsythe Family. After it was used as a boarding house, 'The Gables' was purchased by Bishop John Toohey around the 1950s, with its use in mind as a convent for the Redemptoristine Nuns who lived there until 1983. During this time and subsequently again as a boarding house, the building had been allowed to deteriorate. The Gables was restored and renovated in the care of two families since it was returned to a private residence in 1987.
This property is being sold under the Online Friendly Auction System.
An independent building and pest 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: see each report for details.
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.
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 Natalie Tonks, Presence Real Estate — reproduced as published, not verified by Districts.
NSW 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.