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NSW › The Hill › Wolfe St

87 Wolfe St, The Hill NSW 2300

House

$3,750,000

Last sold

5 Mar 2022

5

Bedrooms

2

Bathrooms

2

Car spaces

250.4 m²

Land

519 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 $3,750,000 (5 Mar 2022).(Recorded sale)
  • CalculationRecorded House sales in The Hill (last 5 years) with land size: median $5,029/m² of land (n=10). 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

$3,750,000

5 Mar 2022 · derived via latest_sale

Local land rate: recorded House sales in The Hill (last 5 years) with land size have a median of $5,029/m² of land (n=10). Districts calculation from recorded sales — not a valuation.

The Hill at a glance

2,243

People

$1,910,000

Median sale

$610/wk

Median rent

1.66%

Suburb gross yield

Median sale from 7 recorded sales (last 12 months) — a Districts calculation.

See the full The Hill report →

Vs The Hill

+96.3%

Median sale

Suburb $1,910,000

-0.81 pp

Gross yield

Suburb 1.66%

Suburb median $1,910,000 from 7 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$3,750,0005 Mar 2022
  2. Listedprice unknowncompleted24 Feb 2022

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 $610/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

The Hill in one glance

The Hill at a glance

2,243

People

$1,910,000

Median sale

$610/wk

Median rent

1.66%

Suburb gross yield

Median sale from 7 recorded sales (last 12 months) — a Districts calculation.

See the full The Hill report →

Keep researching

  • Why The Hill? Read the area thesis →
  • What else is on the market in The Hill →
  • Other records on Wolfe St →

Listing material

Listed by Presence Real Estate

Once in a Lifetime Opportunity to Own a Suters’ Designed Bauhaus Masterpiece

Auction Location: Friendly Auction Online - Live via Buy.Realtair.com Website

Designed by prominent Newcastle architect Brian Suters in 1974 as his own home, this magnificent four-level terrace with rooftop entertaining area is a superb example of Bauhaus design. Winning multiple awards including the Blackett Award for Architecture in 1980, this dream home takes modernist style, the surrounding environment, and the functionality you'd expect from an architect designed residence and delivers a truly unique property.

Fresh from a sympathetic restoration, this home is ready to wow a whole new generation.

Read the full description

Distinct architectural features synonymous with modernist Bauhaus design are on proud display throughout this incredible residence. Geometric forms, exposed brick circular walls, Waffle pod slab concrete ceilings, and an abundance of glass to take in the views and add natural light, while pipe and perspex balustrading delivers a sense of openness into the home.

A choice of living areas and two contemporary new kitchens are complemented by an unexpectedly deep rear garden, and west and east facing verandahs where you can watch the sun rise and set each day. Complete with first floor bedrooms and a bathroom in addition to three upstairs bedrooms/study and second bathroom, this is a property perfectly engineered for independent living zones and work from home arrangements.

Although there is so much to love about this architectural treasure, the refurbishment of the rooftop terrace is perhaps its crowning glory. Ascend the red spiral staircase and what must rank amongst one of the best views in Newcastle is revealed. The cinematic 360-degree vistas take in all the city's jewels including Nobbys headland, Christ Church Cathedral, and the working harbour, as well as the suburbs and mountains beyond. This spectacular entertaining zone and its amazing scenery could transport you to anywhere in the world – knowing (of course) you are in the best place you could possibly be.

The property's appeal isn't just based on its striking architecture. The Hill is centrally positioned within walking distance of the city's key attractions. Stroll to Darby Street for bustling bars, charming boutiques, and endless dining options. Pack a picnic and head to beautiful King Edward Park or the Bogey Hole. Grab your board and towel and head to the beach for an early morning swim or surf or explore Newcastle's coastal beauty with a brisk walk along the harbour foreshore to Nobbys beach and the breakwall.

- Recipient of the Menkens Design award in 1975 and the Blackett Award for Architecture in 1980

- Fresh from a high-quality restoration

- Contemporary new kitchen with stone benches, 90cm Bosch gas cooktop and oven, Miele dishwasher, addition of kitchenette to second living area

- New ceiling fans throughout, gas fire for winter warmth

- Two bathrooms with interesting curved architectural features and updated copper fittings

- Off street parking for two cars in garage and carport

- Space to add a lift for convenient access between four internal levels

- Multiple alfresco zones and landscaped rear garden

- Less than 1km from the harbour foreshore

Outgoings:

Council Rates: $2,892 approx. per annum

Water Rates: $718.65 approx. per annum

Dimensions:

Internal Living Area: 317m²

External Living Area: 202m²

Total Living Area: 519m²

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.

**Health & Safety Measures are in Place for Open Homes & All Private Inspections

**All inspection attendees will have to answer a health and safety survey to qualify for the inspection of the property

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.

Property features

  • Balcony
  • Built-in Robes
  • Courtyard
  • Deck
  • Dishwasher
  • Floorboards
  • Living Areas: 2
  • Outdoor Entertaining
  • Remote Garage
  • Shed
  • Toilets: 2
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.