SOLD
Sold on 14 Jun 2024 for $600,000

139 Melbourne Street
Aberdare NSW 2325

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 120m2
Land area: 1015m2
Sold By
McGrath Hunter Valley Cessnock
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Property Details for 139 Melbourne St, Aberdare

139 Melbourne St, Aberdare is a 3 bedroom, 1 bathroom House and was built in 1945. The property has a land size of 1015m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Aberdare in the last 12 months.

Building Type
House
Year Built
1945
Floor Size
120m2
Land Size
1015m2
Local Government
Cessnock
Lot/Plan
10/20/DP758002

Last Listing description (August 2024)

Offering a stellar quarter acre corner block close to town with a neat and tidy home perfectly set to the front, this is an ideal investment with endless opportunities. Boasting great development potential with an existing home to provide an immediate income.

- Three spacious bedrooms, multiple living areas
- Versatile floorplan with terrific potential

- Fully fenced, north facing 1,014m2 block
- Dual street frontages plus rear lane access
- Ideal for subdivision, dual occupancy or a granny flat STCA
- Opportunity to lease the residence while developing the block
- Quiet yet convenient locale with bushland vistas
- Less than 5 minutes' drive to main street and shopping centres
- 12 minutes to Hunter Valley cellar doors
- Water rates $256pq, council rates $473pq, potential rent $440 P/W

Property History for 139 Melbourne St, Aberdare, NSW 2325

A timeline of how this property has performed in the market
Last Sold
$600,000
14 Jun 2024
Listed for Rent
$350/w
12 Jul 2017
  • 14 Jun 2024
    Sold for $600,000
  • 27 Feb 2024
    Listed for Sale $600,000
  • 16 Aug 2023
    Listed for Sale $680,000 - $720,000
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About Aberdare 2325

The size of Aberdare is approximately 3.3 square kilometres. It has 4 parks covering nearly 3.5% of total area. The population of Aberdare in 2011 was 2,410 people. By 2016 the population was 2,477 showing a population growth of 2.8% in the area during that time. The predominant age group in Aberdare is 0-9 years. Households in Aberdare are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Aberdare work in a trades occupation. In 2011, 64% of the homes in Aberdare were owner-occupied compared with 61% in 2016.

Aberdare has 1,219 properties. Over the last 5 years, Houses in Aberdare have seen a 74.35% increase in median value, while Units have seen a 61.92% increase. As at 30 November 2024:

  • The median value for Houses in Aberdare is $591,208 while the median value for Units is $442,835.
  • Houses have a median rent of $488 while Units have a median rent of $420.
There are currently 4 properties listed for sale, and 3 properties listed for rent in Aberdare on OnTheHouse. According to CoreLogic's data, 60 properties were sold in the past 12 months in Aberdare.

Suburb Insights for Aberdare 2325

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.