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NSW › Georgetown › Georgetown Rd

U306, 42 Georgetown Rd, Georgetown NSW 2298

For saleApartment

$900,000–$950,000

For sale

Asking range

2

Bedrooms

2

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $900,000–$950,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $900,000–$950,000(Listing record · 23 Dec 2025)
  • CalculationAsk is 26% below the Georgetown median recorded sale ($1,217,750, n=16, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Georgetown's advertised median rent ($623/wk), implied gross yield would be 3.60% — 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

$900,000–$950,000

Asking range

No recorded sale for this property.

Georgetown at a glance

2,088

People

$1,217,750

Median sale

$623/wk

Median rent

2.66%

Suburb gross yield

Median sale from 16 recorded sales (last 12 months) — a Districts calculation.

See the full Georgetown report →

Vs Georgetown

-26.1%

Median sale

Suburb $1,217,750

+0.94 pp

Gross yield

Suburb 2.66%

Suburb median $1,217,750 from 16 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
$900,000
Stamp Duty (New South Wales)
$34,912
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
$938,779

$38,779 on top of the price (4.3% 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 Georgetown's advertised median rent — not a rent for this listing.

Net yield
2.10%
Annual cashflow (pre-tax)
$-27,904
Interest cover (DSCR)
0.40
Annual rent
$32,396
Operating expenses
$13,500
Loan amount
$720,000
Annual interest
$46,800
Gross yield
3.60%

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$900,000–$950,000available23 Dec 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 $623/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 3.6%. 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

Georgetown in one glance

Georgetown at a glance

2,088

People

$1,217,750

Median sale

$623/wk

Median rent

2.66%

Suburb gross yield

Median sale from 16 recorded sales (last 12 months) — a Districts calculation.

See the full Georgetown report →

Keep researching

  • Why Georgetown? Read the area thesis →
  • What else is on the market in Georgetown →
  • Other records on Georgetown Rd →

Listing material

Listed by Presence Real Estate

Spacious Apartment Living | Move-In Ready

The final release of 2-bedroom apartments at CREST Georgetown is now available. Offering a rare opportunity to secure a thoughtfully designed home in one of Newcastle's most tightly held inner suburbs. These residences strike the perfect balance between space, style, and low-maintenance living, with layouts ideal for downsizers or professionals seeking elevated convenience.

Each apartment includes two robed bedrooms, a master with ensuite, and open-plan living enhanced by 2.7m ceilings, hybrid engineered flooring, and cross-ventilated layouts filled with natural light. The galley-style kitchens feature reconstituted stone benchtops and premium Fisher & Paykel appliances, while bathrooms are finished with designer cabinetry and high-end fittings, some with full-height tiling.

Enjoy seamless indoor-outdoor living with northeast-facing balconies up to 31sqm, ducted air-conditioning throughout, and secure basement parking with storage included. Residents also have access to a beautifully landscaped podium garden with BBQs and outdoor dining zones, perfect for relaxing or entertaining.

Read the full description

Set in the heart of Georgetown, CREST is just a short stroll to village shops, cafes, Newcastle Farmers Market and transport. The suburb is currently undergoing a multimillion-dollar revitalisation led by the City of Newcastle, delivering improved safety, walkability and vibrancy to the streetscape, further strengthening the long-term value of this location.

At a glance:

- Two-bedroom residences with northeast orientation and generous balconies

- Secure car space with storage cage, plus intercom and bike storage

- Podium garden and communal terrace with BBQs and breakout zones

- Ready to move in now with private and open inspections available

CREST is proudly delivered by GWH, Newcastle's most trusted local builder and developer. With over 27 years of experience and more than 600 homes completed, GWH is known for delivering quality projects with a strong community focus.

GWH doesn't just build homes they build with purpose, precision, and pride. CREST is a direct reflection of their commitment to excellence and their deep connection to the Hunter region.

Disclaimer:

All information provided by Presence Real Estate in the promotion of a property for either sale or lease has been gathered from various third-party sources that we believe to be reliable. However, Presence Real Estate cannot guarantee its accuracy, and we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements in the information provided. Prospective purchasers and renters are advised to carry out their own investigations and rely on their own inquiries. All images, measurements, diagrams, renderings and data are indicative and for illustrative purposes only and are subject to change. The information provided by Presence Real Estate is general in nature and does not take into account the individual circumstances of the person or persons objective financial situation or needs.

Listing description written by Nathan Walsh, Presence Real Estate — reproduced as published, not verified by Districts.

Districts

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

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