OFF MARKET

7 Melville Road
Broadmeadow NSW 2292

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 131m2
Land area: 540m2
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Property Details for 7 Melville Rd, Broadmeadow

7 Melville Rd, Broadmeadow is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 540m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in November 2017.

Building Type
House
Year Built
1950
Floor Size
131m2
Land Size
540m2
Local Government
Newcastle
Lot/Plan
11/DP13583

Last Listing description (January 2018)

What a fantastic opportunity this solid home offers for the serious renovator. A popular location close to beaches, CBD, major shopping centres and schools. It has been loved by the same family for many, many years however it's time for a new lease of life. Pest & Building reports available on request.
* Solid traditional style home with attached 1 bedroom flatette.
* Large separate lounge and dining rooms, large eat in kitchen.

* Level land approx 540m2, ideal new home site,15.85m frontage.
* Ideal renovation project, yet very liveable in current condition.
* Mechanics pit in the big double garage, garden shed to rear.
* Very popular area close to parks, schools, train and bus stops.
* Short drive to beaches, major shopping centres and CBD.
* A fabulous opportunity at an affordable entry price for this area.
Council Rates: $1,995 PA approx
Water Rates: $716 +Usage PA approx.
Rental Potential: $400 - $450 PW approx

Property History for 7 Melville Rd, Broadmeadow, NSW 2292

A timeline of how this property has performed in the market
Last Sold
$650,000
11 Nov 2017
Listed for Rent
$530/w
21 Dec 2017
  • 21 Jan 2020
    Sold
  • 12 Dec 2017
    Listed for Rent $530 / week
  • 11 Nov 2017
    Sold for $650,000
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About Broadmeadow 2292

The size of Broadmeadow is approximately 2.4 square kilometres. It has 9 parks covering nearly 24.5% of total area. The population of Broadmeadow in 2011 was 1,552 people. By 2016 the population was 1,567 showing a population growth of 1.0% in the area during that time. The predominant age group in Broadmeadow is 30-39 years. Households in Broadmeadow are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Broadmeadow work in a professional occupation. In 2011, 52% of the homes in Broadmeadow were owner-occupied compared with 54.1% in 2016.

Broadmeadow has 1,400 properties. Over the last 5 years, Houses in Broadmeadow have seen a 58.95% increase in median value, while Units have seen a 34.01% increase. As at 31 October 2024:

  • The median value for Houses in Broadmeadow is $1,080,364 while the median value for Units is $643,571.
  • Houses have a median rent of $585 while Units have a median rent of $595.
There are currently 8 properties listed for sale, and 3 properties listed for rent in Broadmeadow on OnTheHouse. According to CoreLogic's data, 58 properties were sold in the past 12 months in Broadmeadow.

Suburb Insights for Broadmeadow 2292

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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.