Cooks Hill at a glance
4,103
People
$1,830,000
Median sale
$672/wk
Median rent
1.91%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
NSW › Cooks Hill › Corlette St
$490,000–$530,000
For sale
Asking range
1
Bedrooms
1
Bathrooms
0
Car spaces
508 m²
Land
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
Asking
$490,000–$530,000
Asking range · $965/m² of land
No recorded sale for this property.
Cooks Hill at a glance
4,103
People
$1,830,000
Median sale
$672/wk
Median rent
1.91%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Vs Cooks Hill
-73.2%
Median sale
Suburb $1,830,000
+5.22 pp
Gross yield
Suburb 1.91%
Suburb median $1,830,000 from 17 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$20,329 on top of the price (4.1% extra)
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.
Based on the low end of the asking range, not a contract price.
Pre-filled with Cooks Hill's advertised median rent — not a rent for this listing.
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.
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 $672/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.
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.
Gross yield if leased at the suburb aggregate is 7.1%. 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
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
UnknownNSW 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.
Area
Cooks Hill at a glance
4,103
People
$1,830,000
Median sale
$672/wk
Median rent
1.91%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Presence Real EstatePositioned at the peaceful rear of a fully refurbished boutique complex, this beautifully presented one-bedroom apartment offers a level of privacy that's hard to fin in the heart of Cooks Hill. Whether you're buying your first home, securing a city base or adding a quality investment to your portfolio, it's a property that makes excellent sense from every angle.
Inside, the thoughtfully designed layout makes the most of every square metre. The contemporary kitchen features stone benchtops, gas cooking, dishwasher and excellent storage, flowing into an open plan living and dining space finished with timber flooring and split-system air conditioning. Double doors open to the bedroom with built-in robe and a stylish ensuite, while large windows fill the interiors with natural light.
One of the biggest surprises is the oversized private courtyard, exclusively on title. It's a genuine outdoor living space where you can create a lush inner-city garden, entertain friends over a barbecue, enjoy your morning coffee in the sunshine or simply unwind in complete privacy after a busy day.
Currently leased to an outstanding long-term tenant who would love to stay, it's a true set-and-forget investment from day one. Equally, when the time is right, you'll have a beautifully presented home in one of Newcastle's most walkable lifestyle precincts. Wander to Darby Street's cafés, restaurants and bars, browse the Newcastle Art Gallery, enjoy markets and events in Civic Park, shop at Marketown, stroll to Honeysuckle or spend weekends swimming at Bar Beach and Merewether. From morning coffee to evening drinks, everything that makes inner-city Newcastle such a sought-after place to live is right on your doorstep.
Air-conditioned open plan layout perfectly zoned for the busy person or couple
Kitchen with Caesarstone benches, gas cooktop and slimline dishwasher
Double bedroom with built-in robe and ceiling fan
Bathroom with large shower, Caesarstone vanity, black tapware
Sizeable courtyard on title for alfresco enjoyment
Enjoy your morning coffee at popular Welsh Blacks, just 60m away
500m from Darby Street's renowned coffee and dining scene
Easy stroll to Honeysuckle entertainment precinct and university city campus
Currently returning $420pw, long term tenant on lease until Feb '27 – would love to stay
Outgoings:
Council Rates: $1,764 approx. per annum
Water Rates: $855.18 approx. per annum
Strata Rates: $630.65 approx. per quarter
Expected Rental Income: $430 - $460 Per Week.
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 Shaylee Dean, Presence Real Estate — reproduced as published, not verified by Districts.
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