31 Stannett Street, Waratah West, NSW 2298

Guide $900,000

House
Type
4
Bedrooms
1
Bathrooms
1
Parkings
921 m²
Area

Last updated on Monday, July 06, 2026 ( See property details for 31 Stannett Street, Waratah West, NSW 2298)

Guide $900,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile four-bedroom home on a large leafy block, offering renovation potential and prime proximity to university, hospital, and retail amenities.

🏡 Property Highlights

  • Prime location just metres from Callaghan University, ideal for students or staff.
  • Potential for multi-dwelling development (STCA) on a generous 921 m² block.
  • Solid, original home with four spacious double bedrooms and open-plan living.
  • Deep, leafy backyard ready for renovation and outdoor improvements.
  • Convenient access to major roads, city buses, and nearby amenities.
  • Close proximity to Mater Hospital and Jesmond Central for retail and dining.

✨ Key Features

  • Garage
  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Waterfront / Views
  • Pet-Friendly
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)

Waratah West is a vibrant suburb offering excellent connectivity and amenities. It features a mix of established homes and development opportunities, with easy access to Newcastle University, Mater Hospital, and retail precincts. The area boasts leafy streets, a strong community vibe, and convenient transport links, making it ideal for families, students, and investors seeking growth potential.

What is the condition of the property and what renovations are needed?
The property shows its age with peeling ceiling paint and original fixtures, but it is structurally sound and ready for cosmetic updates such as repainting and new flooring to refresh its appearance.
Is there potential for development or subdivision on this property?
Yes, given the large 921 m² block, there is potential to pursue multi-dwelling development (STCA), making it an attractive option for investors and developers.
What are the key features that make this property appealing?
The property offers four spacious bedrooms, open-flow living and dining zones, a leafy backyard, and excellent proximity to local amenities and major transport links.
What is the rental potential for this property?
The estimated rental income ranges from $680 to $720 per week, making it a promising investment opportunity.
Are there any nearby amenities or services?
Yes, the property is approximately 250m from the University of Newcastle, 1.9km from Mater Hospital, and 2.2km from Jesmond Central shopping and dining precinct.
Are there any zoning restrictions or easements affecting the property that could impact development plans? Has the property been inspected for structural issues or pest infestations? Are there any existing planning or building approvals required for renovations or subdivision? What are the potential costs involved in renovating the home to a livable standard? Is there any history of flooding or bushfire risk in this area? Are there any upcoming developments or construction projects nearby that could affect the property’s value or livability? What are the strata or body corporate considerations if planning to subdivide or develop? Are there any hidden costs such as council levies or special assessments? Is the property compliant with current building codes and safety standards? What are the long-term growth prospects for the Waratah West area?

31 Stannett Street, Waratah West, NSW 2298 - More Details

Guide $900,000

If you're a builder, seasoned renovator or someone ready to take on a project, this could well be the opportunity. It needs attention—there's no getting around that—but with a largely cosmetic overhaul, you'll be rewarded with a well-located home just metres from Callaghan University. Step inside and the age shows, but look beyond the peeling ceiling paint and you'll start to see the upside. The layout delivers four double bedrooms, open-flow living and dining zones, a functional kitchen and bathroom, and a second toilet.

The yard is deep and leafy, ready to come back to life with a mow and some care, while underneath the home sits a lock-up single garage. Given the block size, there's also potential to knock down and pursue a multi-dwelling development (STCA) - an option well worth considering in this location. For buyers who value position and possibility, the future here is clear. Renovate and hold, update and sell, or start again - there's so many options on the table.

- Solid home set above a lock-up single garage on a leafy, generous block
- Original kitchen and bathroom - functional but ready for a makeover
- Bathroom includes a bath; second toilet located within the home
- Four bedrooms ranging from genuine doubles to king-sized
- Connected and spacious living and dining zones with an open layout
- Repaint the walls and update floor coverings for an instant refresh
- Approx. 250m to the University of Newcastle - ideal for students
- 1.9km to the Mater Hospital, appealing for medical staff
- 2.2km to Jesmond Central for retail and diverse dining options
- Close to city-bound buses and major link roads for easy commuting

Council rates - $2,396 approx PA 
Water rates - $852 approx PA + Usage
Rent Potential - $680 - $720 per week

Disclaimer:
While Lisa Macklin Property has taken all care preparing this advertisement and the information contained has been obtained from sources that we believe to be reliable, Lisa Macklin Property does not represent, warrant, or guarantee the accuracy, adequacy, or completeness of the information. Lisa Macklin Property accepts no liability for any loss or damage from reliance on this information.
Type
House
Bedrooms
4
Bathrooms
1
Parkings
1
Area
921 m²
House Size
121 m²

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