OFF MARKET

33A Newark Street
Buttaba NSW 2283

Bedrooms: 6
Bathrooms: 4
Car spaces: -
Land area: 926m2
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Last updated 2 Sep 2024
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Property Details for 33a Newark St, Buttaba

33a Newark St, Buttaba is a 6 bedroom, 4 bathroom Unit. The property has a land size of 926m2.

Building Type
Unit
Land Size
926m2
Local Government
Lake Macquarie

Last Listing description (May 2023)

Seldom does an opportunity knock like this! Situated on a large 923m2 block, this property comprises not 1 but 2 stand-alone homes both featuring 3 bedrooms, 2 bathrooms and a double garage, suited to either large family or multiple generations living together. If you're a savvy investor, you've just stumbled upon what could be the deal of the year allowing you to have a dual income, or even subdivide (subject to council approval), sell one or both or convert them both to have a total of 4 incomes.

Both homes include:
- 3 bedrooms

- 2 bathrooms, 1 upstairs and 1 in the garage
- Ceiling fans and one home with ducted air conditioning
- Balcony and private fully fenced yards (great for pets)
- Ample under-house storage.

Buttaba is located only moments from beautiful Lake Macquarie, popular for various water sports. The nearest bus stop is across the road on Clydebank Street, it's 10 minutes drive to the local shops and 14 minutes' drive to the local school. This property is a must-see for the avid investor or the extended family.

Call us on 02 4958 8555, 7 days to book your private inspection.

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Property History for 33a Newark St, Buttaba, NSW 2283

A timeline of how this property has performed in the market
  • 24 Nov 2022
    Listed for Sale Fixed Price $1,200,000

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About Buttaba 2283

The size of Buttaba is approximately 1.9 square kilometres. It has 2 parks covering nearly 1.6% of total area. The population of Buttaba in 2011 was 946 people. By 2016 the population was 1,095 showing a population growth of 15.8% in the area during that time. The predominant age group in Buttaba is 60-69 years. Households in Buttaba are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Buttaba work in a professional occupation. In 2011, 82.3% of the homes in Buttaba were owner-occupied compared with 86% in 2016.

Buttaba has 643 properties. Over the last 5 years, Houses in Buttaba have seen a 65.61% increase in median value. As at 31 July 2024:

  • The median value for Houses in Buttaba is $913,320 while the median value for Units is $566,110.
  • Houses have a median rent of $600.
There are currently 9 properties listed for sale, and no properties listed for rent in Buttaba on OnTheHouse. According to CoreLogic's data, 20 properties were sold in the past 12 months in Buttaba.

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