54 Naughton Ave, Birmingham Gardens is a 1 bedroom, 1 bathroom Unit and was built in 1970. While the property is not currently for sale or for rent, it was last sold in November 2021.
Set on a generous allotment of approximately 815.7sqm on the high side of the street with a prized north facing backyard, this dual level home is placed just 1km from the University of Newcastle and Jesmond Central shopping centre, presenting an ideal location and a wealth of options and possibilities.
Currently configured as student accommodation featuring seven bedrooms, three bathrooms and four kitchens, the property is being sold with all fixtures and offers potential returns of approximately $2,300 per week when fully let.
Alternately, you may choose to rejuvenate and reconfigure the existing premises and enjoy as your future family home, while developers may take inspiration from surrounding blocks where large allotments have been snapped up for townhouse developments.
Birmingham Gardens is primed for convenience and easy access to arterial roads to Newcastle CBD, Maitland and the M1 Pacific Motorway and Hunter Expressway.
- Dual level brick and tile home on softly elevated 815.7sqm block
- Approximate block dimensions of 14.94m/14.99m X 53.95m/55.47m
- Pleasant suburb views from the front and covered alfresco with extra w/c at the rear
- Five bedrooms share a three-way bathroom, second shower and large kitchen on upper level
- Two additional bedsits downstairs each with their own kitchen, one with bathroom, along with a rumpus, storeroom and third bathroom
- Potential for renovation or development subject to approval from Newcastle Council
- 15-minute walk to university and Jesmond shopping, 15-minute drive into the city and beaches
Outgoings:
Council Rates: $475.00 approx. per quarter
Water Rates: $274.62 approx. per quarter
**Health & Safety Measures are in Place for Open Homes & All Private Inspections
**All inspection attendees will have to answer a health and safety survey to qualify for the inspection of the property
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The size of Birmingham Gardens is approximately 0.8 square kilometres. It has 5 parks covering nearly 5.3% of total area. The population of Birmingham Gardens in 2011 was 2,122 people. By 2016 the population was 2,380 showing a population growth of 12.2% in the area during that time. The predominant age group in Birmingham Gardens is 20-29 years. Households in Birmingham Gardens are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Birmingham Gardens work in a professional occupation. In 2011, 58.3% of the homes in Birmingham Gardens were owner-occupied compared with 46.2% in 2016.
Birmingham Gardens has 1,131 properties. Over the last 5 years, Houses in Birmingham Gardens have seen a 65.41% increase in median value, while Units have seen a 40.27% increase. As at 30 November 2024:
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