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Sold on 06 Jun 2024 - Price Unavailable

43 Young Street
Carrington NSW 2294

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 43 Young St, Carrington

43 Young St, Carrington is a 1 bedroom, 1 bathroom House with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 1 bedroom House sold in Carrington in the last 12 months.

Building Type
House

Last Listing description (June 2024)

Nestled in the heart of the vibrant Carrington suburb, this property is not just a piece of real estate; it's a golden opportunity waiting to be seized! Affectionately known as 'Carrodise' by the locals, this gem is just moments away from the bustling Newcastle CBD and the sun-kissed beaches, offering the perfect blend of convenience and coastal living.

Property Highlights:
• Dual Commercial Shopfronts: Currently operating as takeaway shops, these commercial spaces boast a combined area of approximately 141sqm, presenting a lucrative investment opportunity.

• Lucrative Income: Generating a gross holding income of $39,000 gross per annum + GST, this property promises substantial returns for savvy investors.
• Versatile Zoning: Zoned R2, this property opens doors to a myriad of possibilities, including strong residential development potential, making it ideal for both commercial ventures and residential projects.
• Dream Home Potential: With the advantage of side access off Robertson Street, envision and create your dream home on this corner block, taking advantage of its prime location.
• Unbeatable Location: Enjoy the convenience of walking distance access to Carrington's finest offerings, including pubs, shops, coffee houses, Post Office, and convenience stores, ensuring a lifestyle of absolute convenience and comfort.
Whether you're an astute investor looking to capitalize on the thriving commercial scene of Carrington or a visionary homebuyer seeking to craft your dream residence in a coveted locale, this property is your ticket to a life of endless possibilities.

Don't miss out on this incredible opportunity - seize your slice of "Carrodise" today! Contact us today for further information and secure your future in one of Newcastle's most sought-after suburbs.

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Property History for 43 Young St, Carrington, NSW 2294

A timeline of how this property has performed in the market
Last Sold
06 Jun 2024
  • 06 Jun 2024
    Sold for $700,000
  • 08 May 2024
    Listed for Sale $725,000
  • 16 Jul 2019
    Sold for $210,000
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About Carrington 2294

The size of Carrington is approximately 2.1 square kilometres. It has 11 parks covering nearly 6.3% of total area. The population of Carrington in 2011 was 1,877 people. By 2016 the population was 1,953 showing a population growth of 4.0% in the area during that time. The predominant age group in Carrington is 20-29 years. Households in Carrington are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Carrington work in a professional occupation. In 2011, 50% of the homes in Carrington were owner-occupied compared with 50.2% in 2016.

Carrington has 1,265 properties. Over the last 5 years, Houses in Carrington have seen a 51.24% increase in median value, while Units have seen a 42.94% increase. As at 30 November 2024:

  • The median value for Houses in Carrington is $1,064,032 while the median value for Units is $1,017,489.
  • Houses have a median rent of $660 while Units have a median rent of $675.
There are currently 7 properties listed for sale, and 3 properties listed for rent in Carrington on OnTheHouse. According to CoreLogic's data, 55 properties were sold in the past 12 months in Carrington.

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Ray White Newcastle Lake Macquarie
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