SOLD
RECENT ADVICE
Sold on 30 Sep 2024 for $630,000

43 Melbourne Street
Abermain NSW 2326

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 908m2
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Property Details for 43 Melbourne St, Abermain

43 Melbourne St, Abermain is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 908m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 5 bedroom House sold in Abermain in the last 12 months.

Building Type
House
Land Size
908m2

Last Listing description (September 2024)

Situated on a large 908m2 corner block within walking distance to local schools, parks and shops, this recently renovated 5 bedroom home presents a lucrative opportunity for the astute investor!

Offering a rare double income stream, the property boasts a current rental return of $805 per week with a DA approved for subdivision.

The stylishly renovated cottage features a calming neutral colour palette, sleek contemporary bathrooms and a classic modern kitchen, whilst retaining heritage features for character and ambience.

Outdoors, the property has substantial shedding to the rear of the backyard along with rear lane access for extra convenience. Separately fenced off from the main house, the sheds are currently rented out for $250 per week.

Positioned just 6 minutes from the Hunter Expressway and metres from a host of local amenities including Abermain Public School, Bowling Club, public transport, and local bakery & takeaway. With high potential earnings in one of the Hunter's prime growth areas, this is a rare investment opportunity not to be missed for your portfolio.

• Fully renovated 5 bedroom cottage
• Large corner 908m2 block with side and rear lane access
• DA approved for subdivision
• Brand new flooring, fixtures & paintwork throughout
• Classic modern kitchen equipped with stainless steel appliances & dishwasher
• Five well sized bedrooms, most appointed with built-in robes
• Elegant modern bathrooms with quality tiling
• 2 x split system A/C
• LED downlights throughout
• Outdoor entertaining deck
• Multiple sheds to rear yard, separately fenced
• Located across the road from local parklands
• Walk to Abermain Public School, Abermain Bowling Club, public transport, local bakery & takeaway shops
• 6 minute drive to Hunter Expressway
• Cottage currently leased $555 per week
• Rear sheds leased separately for $250 per week

Disclaimer: All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Property History for 43 Melbourne St, Abermain, NSW 2326

A timeline of how this property has performed in the market
Last Sold
$630,000
30 Sep 2024
  • 23 Sep 2024
    Sold for $630,000
  • 09 Jul 2024
    Listed for Sale $649,000 - $679,000
  • 10 Jan 2024
    Listed for Rent $360 / week
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About Abermain 2326

The size of Abermain is approximately 15.4 square kilometres. It has 11 parks covering nearly 18.3% of total area. The population of Abermain in 2011 was 2,322 people. By 2016 the population was 2,328 showing a population growth of 0.3% in the area during that time. The predominant age group in Abermain is 0-9 years. Households in Abermain are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Abermain work in a labourer occupation. In 2011, 78.8% of the homes in Abermain were owner-occupied compared with 77.5% in 2016.

Abermain has 1,135 properties. Over the last 5 years, Houses in Abermain have seen a 83.02% increase in median value, while Units have seen a 85.55% increase. As at 30 November 2024:

  • The median value for Houses in Abermain is $591,278 while the median value for Units is $448,539.
  • Houses have a median rent of $500.
There are currently 5 properties listed for sale, and 1 property listed for rent in Abermain on OnTheHouse. According to CoreLogic's data, 55 properties were sold in the past 12 months in Abermain.

Suburb Insights for Abermain 2326

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Carolyn Wallis-Tomlins
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Dale Jordan
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Raine & Horne Kurri Kurri
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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.