OFF MARKET

7/124 Young Street
Carrington NSW 2294

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 131m2
Land area: 1607m2
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Property Details for 7/124 Young St, Carrington

7/124 Young St, Carrington is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2009. The property has a land size of 1607m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Unit
Year Built
2009
Floor Size
131m2
Land Size
1607m2
Local Government
Newcastle
Lot/Plan
7/SP82764

Last Listing description (August 2023)

Perfectly located only moments from Newcastle Harbour, pristine uncrowded beaches and cosmopolitan shopping and entertainment precincts, this three bedroom townhouse with ideal north easterly aspect and harbour glimpses offers spacious interiors that flow seamlessly onto a sun soaked terrace.

Completed in 2009 and set in a boutique development of just 14 residences, it flows over three easycare levels. Entered via a private courtyard the ground floor features a double automatic garage, laundry and powder room whilst the beautifully presented open plan mid level features distinct living and dining spaces, Baumatic equipped gourmet stone kitchen and outdoor flow to the peaceful alfresco terrace. Upstairs there are three airy bedrooms all featuring built-in robes and serviced by a family bathroom with separate w/c plus a reading/study nook.

A striking home of undeniable quality and broad appeal, it has been returning $600 per week fully furnished.

* Tri-level townhouse in boutique development of just 14 residences
* Brief walk or bike ride to Honeysuckle, foreshore and beaches
* Beautifully presented interiors with distinct living and dining spaces
* Sliding doors reveal sunlit barbecue terrace with harbour glimpses
* Baumatic equipped gourmet stone kitchen
* Three bedrooms all featuring built-in wardrobes
* Ducted air-conditioning and quality carpet throughout
* Double automatic garage and storage area; internal laundry
* Relaxed, highly convenient and suited to a range of buyers
* Rental return of approximately $600 per week fully furnished

What does Preview mean?

When PRDnationwide properties are listed for "Preview" it generally means that have just been listed and you are amongst the first buyers in the market to be exposed to the property.
The vendors may not have formally set a price guide for the property at this stage as they may wish to gain further feedback from the market before doing so. Often they are gaining further feedback from the market to ensure they are being realistic with their price guide to enhance the chance of a swift sale when they go to the full Public Media Launch

What is the price guide?
Your friendly PRDnationwide agent will generally be able to provide you with a rough price guide for the property during the preview stage of marketing and can always update you on the formal price guide once it is ready to be published if it is substantially different from the Preview guide. If you have received an e-brochure about this property as part of PRD's Red Alert system, it is likely to be in the price range you have previously specified to us.

Can I buy a property during the Preview stage of marketing?
Absolutely! In fact up to 20% of PRDnationwide's properties sell in the Preview stage of marketing, often to the exclusive members of the PRD Red Alert buyer database.(register at www.prdnewcastle.com.au/red-alert? )
To give the best chance of securing a property before it makes it to the full Public Media Launch it is advised to offer towards the upper end of the pricing guide you have been given.

For a quick video informing buyers and sellers what PRDnationwide Previews are all about click here - http://tinyurl.com/cjelafr

FRIENDLY AUCTION SYSTEM- strata

This property is being sold under the revolutionary Friendly Auction System.
-An independent strata inspection report is available on request at no charge to you (this is the type of report your solicitor would usually recommend purchasing before bidding at an auction of making making an unconditional offer prior to auction) -Flexible deposit and settlement conditions are also available by negotiation with the agent if required.
-Offers can also be made prior to auction and each offer will be assessed on it's merits.

Bid and buy with confidence in this consumer driven, transparent auction system that was pioneered here in Newcastle but is now in use across Australia.
We also have a downloadable guide available at www.prdnewcastle.com.au

Property History for 7/124 Young St, Carrington, NSW 2294

A timeline of how this property has performed in the market
Last Sold
$1
26 Apr 2023
Listed for Rent
$580/w
21 Mar 2014
  • 11 Aug 2023
    Listed for Sale Not Disclosed
  • 26 Apr 2023
    Sold for $1
  • 15 Apr 2014
    Sold for $530,000
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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 1,252 properties. Over the last 5 years, Houses in Carrington have seen a 55.84% increase in median value, while Units have seen a 46.17% increase. As at 31 October 2024:

  • The median value for Houses in Carrington is $1,077,228 while the median value for Units is $997,969.
  • Houses have a median rent of $650 while Units have a median rent of $675.
There are currently 10 properties listed for sale, and 6 properties listed for rent in Carrington on OnTheHouse. According to CoreLogic's data, 53 properties were sold in the past 12 months in Carrington.

Suburb Insights for Carrington 2294

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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.