SOLD
RECENT ADVICE
Sold on 27 Oct 2023 for $506,000

3/576 Glebe Road
Adamstown NSW 2289

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 3/576 Glebe Rd, Adamstown

3/576 Glebe Rd, Adamstown is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom Unit sold in Adamstown in the last 12 months.

Building Type
Unit
Local Government
Newcastle
Lot/Plan
3/SP20766

Last Listing description (October 2023)

Whether it's to extend your portfolio with excellent rent and a lovely tenant, or as a first home purchase in such a great location, this modern property provides an outstanding opportunity. Owners and tenants alike will enjoy the benefits of such convenience, also offering zero maintenance and an easily managed boutique complex of just 4 units. There is the added bonus of being a first-floor apartment including extra security and catching the soothing nor-easterly breezes. Recent updates provide a relaxing, modern feel and with generous bedrooms and valuable car accommodation, the residence has a great balance of features.

Adamstown shopping precinct, Hamilton cafes, local sports club and tennis courts are all at your door. Easy access also to either Westfield Kotara or head into town for a morning walk along the beach.

Current rent is $410 per week. Great tenant who would love to stay on.

Zoning: R4 High Density
Council: Newcastle
Land Rates: $1744pa approx
Water Rates: $802pa approx
Strata Levies: $4129pa approx
Current Rent: $410 per wk

We have obtained all information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 3/576 Glebe Rd, Adamstown, NSW 2289

A timeline of how this property has performed in the market
Last Sold
$506,000
27 Oct 2023
Listed for Rent
$320/w
09 Dec 2019
  • 27 Oct 2023
    Sold for $506,000
  • 19 Sep 2023
    Listed for Sale $500,000 to $520,000
  • 28 Sep 2021
    Sold
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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 3,492 properties. Over the last 5 years, Houses in Adamstown have seen a 66.78% increase in median value, while Units have seen a 37.39% increase. As at 31 August 2024:

  • The median value for Houses in Adamstown is $1,063,828 while the median value for Units is $673,389.
  • Houses have a median rent of $645 while Units have a median rent of $500.
There are currently 21 properties listed for sale, and 3 properties listed for rent in Adamstown on OnTheHouse. According to CoreLogic's data, 141 properties were sold in the past 12 months in Adamstown.

Suburb Insights for Adamstown 2289

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Contact agent
Robert Russell
Show contact details
CENTURY 21 Novocastrian (Newcastle)
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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.