SOLD
Sold on 06 Aug 2024 for $935,000

5/61 Elwell Close
Beresfield NSW 2322

Bedrooms: -
Bathrooms: -
Car spaces: 3
Land area: 252m2
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Property Details for 5/61 Elwell Cl, Beresfield

Building Type
Commercial
Land Size
252m2
Local Government
Newcastle
Lot/Plan
5/SP105130

Last Listing description (November 2023)

Conveniently located 950 metres* to the main arterial road, Weakleys Drive, 61 Elwell Close is positioned within the Beresfield Industrial Estate. This brand new warehouse unit offers 252sqm* of warehouse area and is constructed of full height concrete panel. Being zoned E4 General Industrial, the property would be suitable for a wide range of uses (STCA) and a great opportunity for businesses wishing to relocate, establish or expand their operations.

- Building area 252sqm*
- Full height concrete panel

- Aluminium glazed facade entry
- Roof foil insulation
- Electric roller door - 5m* wide x 5m* high
- 6m* - 7.1m* eave height clearance
- LED lighting
- Designated car spaces
- Kitchenette
- Private amenities
- E4 General Industrial zoning

*Approximately

Property History for 5/61 Elwell Cl, Beresfield, NSW 2322

A timeline of how this property has performed in the market
Last Sold
$935,000
06 Aug 2024
Listed for Rent
16 Nov 2023
  • 06 Aug 2024
    Sold for $935,000
  • 16 Nov 2022
    Listed for Rent $38,000 / year
  • 04 Oct 2022
    Sold for $742,500

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About Beresfield 2322

The size of Beresfield is approximately 6.3 square kilometres. It has 6 parks covering nearly 8.3% of total area. The population of Beresfield in 2011 was 3,077 people. By 2016 the population was 3,180 showing a population growth of 3.3% in the area during that time. The predominant age group in Beresfield is 20-29 years. Households in Beresfield are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Beresfield work in a labourer occupation. In 2011, 73% of the homes in Beresfield were owner-occupied compared with 68% in 2016.

Beresfield has 2,217 properties. Over the last 5 years, Houses in Beresfield have seen a 82.01% increase in median value, while Units have seen a 75.09% increase. As at 31 October 2024:

  • The median value for Houses in Beresfield is $592,175 while the median value for Units is $509,026.
  • Houses have a median rent of $550 while Units have a median rent of $430.
There are currently 8 properties listed for sale, and 4 properties listed for rent in Beresfield on OnTheHouse. According to CoreLogic's data, 99 properties were sold in the past 12 months in Beresfield.

Suburb Insights for Beresfield 2322

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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.