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RECENT ADVICE
Sold on 27 Sep 2024 for $765,000

1 Ellerslie Road
Adamstown Heights NSW 2289

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 600m2
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Property Details for 1 Ellerslie Rd, Adamstown Heights

1 Ellerslie Rd, Adamstown Heights is a 3 bedroom, 1 bathroom House. The property has a land size of 600m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom House sold in Adamstown Heights in the last 12 months.

Building Type
House
Land Size
600m2

Last Listing description (September 2024)

1 Ellerslie Road, Adamstown Heights, offers a unique opportunity for investors or homeowners looking to create something special. Situated on an elevated 614 sqm corner block in a desirable, leafy street, this property is perfect for those ready to renovate or rebuild.

Property Features:

* Elevated 614 sqm corner block
* 3 bedroom home with views
* Existing house in need of updating, with exciting redevelopment opportunities
* Prime location in a quiet, leafy, family friendly street with park nearby
* Incredible potential for a custom build or renovation project

A Neighbourhood of Growth and Convenience:
* Located in the highly regarded suburb of Adamstown Heights, known for its family-friendly atmosphere and strong community ties
* Close proximity to top schools, making it an ideal choice for families
* Excellent transport links with easy access to bus routes and major roads
* Just minutes from Westfield Kotara, offering a variety of shopping, dining, and entertainment options
* Only 10 minutes to Dudley Beach and Merewether Beach, perfect for enjoying Newcastle's stunning coastal lifestyle

Suburb Insights:
Adamstown Heights continues to be a strong performer in the property market. The median house price is currently $1,080,000, underlining the suburb's popularity and demand. With an annual growth rate of 6.9% for houses, this suburb remains a solid investment choice. Investors can expect a typical rental income of $695 per week, providing a rental yield of 3.6%.

** The properties can be sold separately or together** with 5 Russell Avenue, giving you the flexibility to suit your needs.

Zoning: R2 Low Density Residential
Land Area: 600sqm approx
Council: Lake Macquarie
Land Rates: $2545pa approx
Water Rates: $926pa approx

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. Photos maybe digitally edited and include virtual furniture.

Property History for 1 Ellerslie Rd, Adamstown Heights, NSW 2289

A timeline of how this property has performed in the market
Last Sold
$765,000
27 Sep 2024
  • 27 Sep 2024
    Sold for $765,000
  • 26 Aug 1996
    Sold for $149,000

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About Adamstown Heights 2289

The size of Adamstown Heights is approximately 2.4 square kilometres. It has 12 parks covering nearly 18.4% of total area. The population of Adamstown Heights in 2011 was 5,174 people. By 2016 the population was 5,286 showing a population growth of 2.2% in the area during that time. The predominant age group in Adamstown Heights is 40-49 years. Households in Adamstown Heights are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Adamstown Heights work in a professional occupation. In 2011, 83.9% of the homes in Adamstown Heights were owner-occupied compared with 83.6% in 2016.

Adamstown Heights has 2,166 properties. Over the last 5 years, Houses in Adamstown Heights have seen a 63.60% increase in median value, while Units have seen a 41.62% increase. As at 30 November 2024:

  • The median value for Houses in Adamstown Heights is $1,138,695 while the median value for Units is $728,748.
  • Houses have a median rent of $740 while Units have a median rent of $560.
There are currently 4 properties listed for sale, and 3 properties listed for rent in Adamstown heights on OnTheHouse. According to CoreLogic's data, 100 properties were sold in the past 12 months in Adamstown heights.

Suburb Insights for Adamstown Heights 2289

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Casey Healey
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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.