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NSW › Wallsend › Metcalfe St

9 Metcalfe St, Wallsend NSW 2287

For saleHouse for Sale

$600,000–$660,000

For sale

Asking range

2

Bedrooms

1

Bathrooms

2

Car spaces

354.1 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $600,000–$660,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $600,000–$660,000(Listing record · 9 July 2026)
  • CalculationAsk is 33% below the Wallsend median recorded sale ($900,000, n=102, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Wallsend's advertised median rent ($591/wk), implied gross yield would be 5.12% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$600,000–$660,000

Asking range · $1,694/m² of land

No recorded sale for this property.

Wallsend at a glance

14,084

People

$900,000

Median sale

$591/wk

Median rent

3.41%

Suburb gross yield

Median sale from 102 recorded sales (last 12 months) — a Districts calculation.

See the full Wallsend report →

Vs Wallsend

-33.3%

Median sale

Suburb $900,000

+1.71 pp

Gross yield

Suburb 3.41%

Suburb median $900,000 from 102 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$600,000
Stamp Duty (New South Wales)
$21,412
Transfer/Registration Fee
$167
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$625,279

$25,279 on top of the price (4.2% extra)

  • Stamp Duty (New South Wales)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Wallsend's advertised median rent — not a rent for this listing.

Net yield
3.62%
Annual cashflow (pre-tax)
$-9,468
Interest cover (DSCR)
0.70
Annual rent
$30,732
Operating expenses
$9,000
Loan amount
$480,000
Annual interest
$31,200
Gross yield
5.12%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$600,000–$660,000available9 July 2026

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 $591/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

Gross yield if leased at the suburb aggregate is 5.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

Wallsend in one glance

Wallsend at a glance

14,084

People

$900,000

Median sale

$591/wk

Median rent

3.41%

Suburb gross yield

Median sale from 102 recorded sales (last 12 months) — a Districts calculation.

See the full Wallsend report →

Keep researching

  • Why Wallsend? Read the area thesis →
  • What else is on the market in Wallsend →
  • Other records on Metcalfe St →

Listing material

Listed by Clarke & Co Estate Agents

ENDLESS POTENTIAL WITH A STANDOUT SHED AND PRIME LOCATION!

Property Highlights:

- An ideal entry into the market or renovator's project packed with potential

- Convenient Wallsend location mere moments to shopping, schooling and services

Read the full description

- Rear lane access to a double garage, plus a large workshop area

- Fujitsu split system air conditioning to the living and main bedroom, plus a ceiling fan

- Timber flooring and Venetian blinds throughout

- A living area set at the entrance to the home, plus a sunroom off the main bedroom

- Spacious kitchen featuring 40mm benchtops, a tiled splashback, a built-in pantry and a freestanding Chef oven

- Two bedrooms, both with built-in wardrobes for convenient storage

- Bathroom featuring a built-in bath and shower combination, a vanity and a separate WC

Outgoings:

Council rates: $2,248 approx. per annum

Water rates: $963.93 approx. per annum

Presenting an exciting opportunity in a convenient Wallsend location, this brick, weatherboard and Colorbond roof residence offers endless potential on a low maintenance 354.1sqm parcel of land, perfect for first home buyers or renovators seeking their next project.

Positioned for everyday convenience, this address places Wallsend Village for shopping and essential services, plus local schooling only moments from home. Newcastle's CBD and its iconic coastline, along with the shores of Lake Macquarie, are all easily accessible, ensuring work, weekends and lifestyle needs are well catered for.

Arriving at the property, a low maintenance front yard and a covered front verandah provide a warm welcome before stepping inside, where timber flooring and Venetian blinds provide a great foundation for future updates and the opportunity to further enhance over time.

Set at the entrance of the home, the living area provides a comfortable space to relax, complete with Fujitsu split system air conditioning for year round comfort.

Two bedrooms are on offer, with the main bedroom featuring a built-in wardrobe, a ceiling fan with a light, Fujitsu split system air conditioning and access to an adjoining sunroom. The second bedroom also comes with a built-in wardrobe for convenient storage.

Servicing the home, the bathroom offers a built-in bath and shower combination, a vanity and a separate WC for extra functionality.

The spacious kitchen features 40mm benchtops, a tiled splashback, a built-in pantry and a freestanding Chef oven with a cooktop.

Outside, the covered alfresco area adds further versatility before leading to a major highlight of the property. Accessed via the rear lane, the large double garage delivers fantastic vehicle accommodation and storage, plus there is a spacious workshop area which also provides exciting potential to transform into extra living space if desired.

Offering a rare combination of location, shedding and future opportunity, this Wallsend property provides an outstanding option for renovators, investors and buyers seeking space in a highly convenient setting. We encourage our clients to contact the team at Clarke & Co Estate Agents without delay to arrange their inspections.

Why you'll love where you live;

- A short drive or an easy walk to Wallsend Village for all your everyday needs

- A 5 minute drive to Newcastle Uni, Callaghan campus

- 20 minutes to the beaches and city lights of Newcastle

- 15 minutes to the shores of Lake Macquarie

Disclaimer:

All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Listing description written by Ryan Nichols, Clarke & Co Estate Agents — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Living Areas: 2
  • Toilets: 1
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.