FOR SALE
Expressions of Interest

218 Maitland Road
Islington NSW 2296

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 398m2
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DA Approved Site - Opposite park and walk to facilities

Ray White Newcastle Lake Macquarie is proud to present 218 Maitland Road, Islington to be sold by Expression of Interest, closing 12 noon on 6th February 2025.
The property is a DA Approved, High Density Residential site with approval for one (1) commercial space, six (6) apartments and parking for seven (7) vehicles.
Located on Maitland Road, Islington, the location is popular with property owners and businesses alike only walking distance to Islington and Hamilton Shops and a short drive to Mayfield Shopping Precinct and opposite Islington Park and Cricket Ground. The location has become popular for mixed use developments and take up rate has been excellent for re-sales of end product.
Nearby property includes a mix of commercial/retail outlets, new rebuilds and older styled homes making this proposed development a perfect balance in the location.
For a detailed information Memorandum please email or contact Darren Penn.
Expressions of Interest Close by February 6th at 12 noon.

Property Details for 218 Maitland Rd, Islington

Building Type
Land
Land Size
398m2

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About Islington 2296

The size of Islington is approximately 0.7 square kilometres. It has 4 parks covering nearly 12.3% of total area. The population of Islington in 2011 was 1,806 people. By 2016 the population was 1,887 showing a population growth of 4.5% in the area during that time. The predominant age group in Islington is 20-29 years. Households in Islington are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Islington work in a professional occupation. In 2011, 51.4% of the homes in Islington were owner-occupied compared with 49.4% in 2016.

Islington has 1,333 properties. Over the last 5 years, Houses in Islington have seen a 62.40% increase in median value, while Units have seen a 31.35% increase. As at 31 October 2024:

  • The median value for Houses in Islington is $946,335 while the median value for Units is $768,681.
  • Houses have a median rent of $650 while Units have a median rent of $538.
There are currently 10 properties listed for sale, and 1 property listed for rent in Islington on OnTheHouse. According to CoreLogic's data, 67 properties were sold in the past 12 months in Islington.

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Darren Penn
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Corine Phillips
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Ray White Newcastle Lake Macquarie
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