SOLD
RECENT ADVICE
Sold on 16 Aug 2024 - Price Unavailable

7A Victoria Street
Argenton NSW 2284

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Land area: 506m2
Sold By
Raine & Horne Newcastle & Mayfield
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Property Details for 7a Victoria St, Argenton

7a Victoria St, Argenton is a 4 bedroom, 2 bathroom House. The property has a land size of 506m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 4 bedroom House sold in Argenton in the last 12 months.

Building Type
House
Land Size
506m2
Local Government
Lake Macquarie

Last Listing description (September 2024)

This unique property offers a fantastic opportunity for homeowners and investors alike. Offering a comfortable 2-bedroom original weatherboard residence with the addition of a modern fully detached 2-bedroom & 1 bathroom granny flat. This property is perfect for families that require mutigenerational living or investors looking for a premium investment return with multiple income streams.

Nestled in the charming neighbourhood of Argenton on a corner 512 sqm block, the property offers not only a durable main house currently rented for $450 per week and a separate modern granny flat that is currently leased for $375 per week, providing a total rental return of $825 per week. Based on the asking price this shows a rental yield for investors of approximately 5% or greater.

The main house boasts 2 generous sized bedrooms with b/in robes in the main, spacious living areas with split system air-conditioning, a functional well-appointed kitchen, bathroom with single vanity and a fully enclosed private front and rear yard.

Fully detached and separate from the main house with its own entry and driveway access, the single level villa/granny flat boasts 2 bedrooms and 1 bathroom. The granny flat also features a spacious living room, quality kitchen with quality stainless steel appliances, floating floorboards throughout, split system air conditioning, a lovely main bathroom and internal laundry. The granny flat property has a private enclosed yard for extra privacy and small pets. Having the granny flat option is ideal for extended family/guests to stay or for an owner that would like to earn a supplement income whilst living in the main home.

Situated in the heart of Argenton, you'll enjoy convenient access to local amenities, schools, parks, and transport links.

Contact us for more details and to arrange a viewing.

Disclaimer:
The information contained in this advertisement is obtained from sources we believe to be reliable, however, we cannot guarantee its accuracy and completeness. We accept no responsibility and disclaim all liability in respect of any errors, inaccuracies, or misstatements contained herein. Interested parties should make their own inquiries to verify the information contained in this advertisement. The information provided in this advertisement is intended to act as a messenger only in passing on details. Any personal information provided to us during the course of the campaign will be kept on our database for follow-up and to market other opportunities, unless instructed in writing to the contrary.

Property History for 7a Victoria St, Argenton, NSW 2284

A timeline of how this property has performed in the market
Last Sold
16 Aug 2024
  • 16 Aug 2024
    Sold
  • 01 Aug 2024
    Listed for Sale UNDER OFFER

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About Argenton 2284

The size of Argenton is approximately 1.4 square kilometres. It has 6 parks covering nearly 43.6% of total area. The population of Argenton in 2011 was 1,370 people. By 2016 the population was 1,365 showing a population decline of 0.4% in the area during that time. The predominant age group in Argenton is 20-29 years. Households in Argenton are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Argenton work in a labourer occupation. In 2011, 63.6% of the homes in Argenton were owner-occupied compared with 60.9% in 2016.

Argenton has 694 properties. Over the last 5 years, Houses in Argenton have seen a 65.29% increase in median value, while Units have seen a 69.57% increase. As at 30 November 2024:

  • The median value for Houses in Argenton is $706,553 while the median value for Units is $595,309.
  • Houses have a median rent of $580 while Units have a median rent of $513.
There are currently 3 properties listed for sale, and 3 properties listed for rent in Argenton on OnTheHouse. According to CoreLogic's data, 24 properties were sold in the past 12 months in Argenton.

Suburb Insights for Argenton 2284

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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.