569 Glebe RoadAdamstown NSW 2289
Property Details for 569 Glebe Rd, Adamstown
569 Glebe Rd, Adamstown is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 743m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 4 bedroom House sold in Adamstown in the last 12 months.
Last Listing description (September 2024)
A unique offering here, ideal investment or even renovation opportunity. This weatherboard home circa 1940 has been extended over time and then separated into 2 by 2 bedroom flats. Set on a large 743m block (12.57m by 59.13m) Zoned R4. With some TLC these 2 could easily return $1100 per week, if you're not afraid of getting your hands dirty then this is a super property.
Families will love the potential to create a spacious home with room for kids to play in the expansive backyard. Other options include converting this back to a 4 bedroom family home on a super large deep block, perfect for a growing family.
Located in the heart of Adamstown, this property offers easy access to nearby schools and parks, making it an ideal choice for families looking to settle down in a vibrant community.
Features:
- Currently 2 by 2 bedroom flats
- Capable of being converted back to a 4 bedroom home
- High ceilings and character
- Original fuel stove and fireplace
- Large 59 m deep block - 743m in total
- Big double garage
Newcastle Council Rates $2661.91 pa
Water rates $895.92 pa
A home well worth inspecting, lots of potential which ever way you look at it.
For further details contact : Peter Saunderson 0468 407946 or email: peter@saundersonproperty.com.au
Property History for 569 Glebe Rd, Adamstown, NSW 2289
- 02 Sep 2024Sold for $945,000
- 12 Aug 2024Listed for Sale $950,000
- 23 Jul 1997Sold for $175,000
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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 3,491 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.
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