FOR SALE
$730,000 to $770,000

1 Wilkinson Avenue
Birmingham Gardens NSW 2287

Bedrooms: 6
Bathrooms: 2
Car spaces: 2
Land area: 474m2
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High Exposure Investment

This corner positioned property next to Newcastle University has consistently performed as a student accommodation property. With a return of $940 per week this is an opportunity well worth consideration.
The home is an aluminium clad for low maintenance with tile roof and set on piers giving easy access for maintenance.
There are six bedrooms in the home with built in wardrobes, ceiling fans and furniture suitable for students in each. Living area is at the front with ceiling fan and a pleasant northerly aspect.
Kitchen design is practical and durable with stainless steel benches and splash back. Generous cupboard space and breakfast bar cater well for share accommodation needs. Off the kitchen is a pleasant dining area with large windows allowing for plenty of natural light and fresh air.
There are two full size bathrooms that have been updated to suit the tenants needs.
If you have been looking for a property with further value add then this site deserves a look. Set on two titles, with an option to also purchase next door with three titles, giving a total of five titles creating future opportunities.
For more information contact exclusive listing agent Allen Reece on 0409 814 400 or email sales@reecerealty.com.au

Property Details for 1 Wilkinson Ave, Birmingham Gardens

1 Wilkinson Ave, Birmingham Gardens is a 6 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 474m2. The place is currently for sale with ReeceRealty - Newcastle.

Building Type
House
Land Size
474m2

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About Birmingham Gardens 2287

The size of Birmingham Gardens is approximately 0.8 square kilometres. It has 5 parks covering nearly 5.3% of total area. The population of Birmingham Gardens in 2011 was 2,122 people. By 2016 the population was 2,380 showing a population growth of 12.2% in the area during that time. The predominant age group in Birmingham Gardens is 20-29 years. Households in Birmingham Gardens are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Birmingham Gardens work in a professional occupation. In 2011, 58.3% of the homes in Birmingham Gardens were owner-occupied compared with 46.2% in 2016.

Birmingham Gardens has 1,131 properties. Over the last 5 years, Houses in Birmingham Gardens have seen a 65.41% increase in median value, while Units have seen a 40.27% increase. As at 30 November 2024:

  • The median value for Houses in Birmingham Gardens is $700,344 while the median value for Units is $570,710.
  • Houses have a median rent of $270 while Units have a median rent of $580.
There are currently 8 properties listed for sale, and 6 properties listed for rent in Birmingham gardens on OnTheHouse. According to CoreLogic's data, 43 properties were sold in the past 12 months in Birmingham gardens.

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Allen Reece
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ReeceRealty - Newcastle
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