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NSW › Newcastle › Scott St

U206, 111 Scott St, Newcastle NSW 2300

For saleUnit

$480,000–$510,000

For sale

Asking range

1

Bedrooms

1

Bathrooms

0

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $480,000–$510,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $480,000–$510,000(Listing record · 10 June 2026)
  • CalculationAsk is 58% below the Newcastle median recorded sale ($1,142,500, n=6, last 24 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Newcastle's advertised median rent ($766/wk), implied gross yield would be 8.30% — 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

$480,000–$510,000

Asking range

No recorded sale for this property.

Newcastle at a glance

5,227

People

$1,142,500

Median sale

$766/wk

Median rent

3.49%

Suburb gross yield

Median sale from 6 recorded sales (last 24 months) — a Districts calculation.

See the full Newcastle report →

Vs Newcastle

-58.0%

Median sale

Suburb $1,142,500

+4.81 pp

Gross yield

Suburb 3.49%

Suburb median $1,142,500 from 6 recorded sales (last 24 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
$480,000
Stamp Duty (New South Wales)
$16,012
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
$499,879

$19,879 on top of the price (4.1% 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 Newcastle's advertised median rent — not a rent for this listing.

Net yield
6.80%
Annual cashflow (pre-tax)
$7,672
Interest cover (DSCR)
1.31
Annual rent
$39,832
Operating expenses
$7,200
Loan amount
$384,000
Annual interest
$24,960
Gross yield
8.30%

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$480,000–$510,000available10 June 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 $766/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.

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 8.3%. 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

Newcastle in one glance

Newcastle at a glance

5,227

People

$1,142,500

Median sale

$766/wk

Median rent

3.49%

Suburb gross yield

Median sale from 6 recorded sales (last 24 months) — a Districts calculation.

See the full Newcastle report →

Keep researching

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

Listing material

Listed by Wilton Lemke Stewart

A fully managed investment in the heart of Newcastle

Secure a fully managed investment in the heart of Newcastle CBD. Owners can enjoy a genuine set and forget investment in one of Newcastle's most sought after locations. Located within the heritage listed Terminus Apartment Hotel and professionally managed by the Aden Hotels Group, this one bedroom apartment presents a low maintenance investment opportunity, with investors having the flexibility to choose between a leaseback arrangement or participation in the hotel's pooled letting system.

Positioned on the second floor, the apartment enjoys soft northerly light, soaring three metre ceilings and a charming outlook across the former Newcastle Station and Customs House.

The open plan layout makes excellent use of the space, featuring a sleek single line kitchen, generous bedroom with built in robe, internal laundry and a practical bathroom with shower.

Read the full description

Offered exclusively as an investment, this apartment forms part of the professionally managed hotel accommodation pool and is not available for owner occupation. Owners can enjoy a low maintenance investment, with the hotel operator managing guest bookings and day to day operations.

Step outside and you're in the heart of it all. The Station hosts regular markets and community events, cafés, restaurants and bars are moments away, while Newcastle Beach and Nobbys Beach are an easy walk for a swim, surf or coastal stroll. The harbour foreshore and Honeysuckle precinct are also within easy reach.

•⁠ ⁠Well appointed one bedroom apartment with split system air conditioning, built in robe, internal laundry and modern kitchen with electric cooktop, under bench oven and dish drawer

•⁠ ⁠Prime CBD location moments from Newcastle Beach, Nobbys Beach, cafés, restaurants and the harbour foreshore

•⁠ ⁠Two investment strategies available, including a leaseback arrangement or participation in the hotel's pooled letting system

•⁠ ⁠Investment only with no owner occupation permitted

•⁠ ⁠Option to purchase fully furnished

•⁠ ⁠Appealing opportunity for Self Managed Super Fund investors

•⁠ ⁠Strata levies approximately $1,450 p.q.

Disclaimer:

Disclaimer:

All information provided by Wilton Lemke Stewart in the marketing of a property for sale or lease has been sourced from various third-party outlets that we deem reliable. Nonetheless, Wilton Lemke Stewart cannot ensure its absolute accuracy, and we bear no responsibility and disclaim all liability for any errors, omissions, inaccuracies, or misstatements in the information provided. Prospective buyers and tenants are encouraged to conduct their own due diligence and rely on their own investigations. All images, measurements, diagrams, renderings, and data are indicative and for illustrative purposes only, subject to potential changes.

Listing description written by Tom Lemke, Wilton Lemke Stewart — reproduced as published, not verified by Districts.

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

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