FOR SALE
Guide $475,000

8/8 Mandalong Road
Adamstown NSW 2289

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Classic Brick Beauty!

A classic 1970's two bedroom brick unit ready to let you enter the market! Currently vacant, though In tidy rentable condition this property will allow the owner occupier on a budget or first time investor to purchase in a popular, sought after inner suburb at minimal cost while the opportunity is still there. A floor area of 73 sqm including a sunny balcony plus a single carport of 13 sqm provides living and storage space larger than many equivalent new properties.
They don't build them like this anymore with only 8 units in the complex occupying 1019 sqm of prime corner position opposite a popular school. Less than 10 minutes drive to Newcastle's famous city beaches and 15 minutes to the Newcastle CBD! The Adamstown Village Centre is a walk away and this property is adjacent to large areas of parkland and sporting fields.
Disclaimer: We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.

Property Details for 8/8 Mandalong Rd, Adamstown

8/8 Mandalong Rd, Adamstown is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The place is currently for sale with Ray White Newcastle Lake Macquarie.

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About Adamstown 2289

The size of Adamstown is approximately 3 square kilometres. It has 8 parks covering nearly 31.2% of total area. The population of Adamstown in 2011 was 5,642 people. By 2016 the population was 6,053 showing a population growth of 7.3% in the area during that time. The predominant age group in Adamstown is 20-29 years. Households in Adamstown are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Adamstown work in a professional occupation. In 2011, 58.7% of the homes in Adamstown were owner-occupied compared with 57.7% in 2016.

Adamstown has 3,434 properties. Over the last 5 years, Houses in Adamstown have seen a 61.46% increase in median value, while Units have seen a 31.79% increase. As at 31 October 2024:

  • The median value for Houses in Adamstown is $1,056,241 while the median value for Units is $669,979.
  • Houses have a median rent of $650 while Units have a median rent of $520.
There are currently 17 properties listed for sale, and 8 properties listed for rent in Adamstown on OnTheHouse. According to CoreLogic's data, 140 properties were sold in the past 12 months in Adamstown.

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Brett Bailey
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Nora Mcnamara
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Ray White Newcastle Lake Macquarie
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