SOLD
Sold on 22 May 2024 for $3,050,000

89 Young Street
Carrington NSW 2294

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 921m2
Sold By
Isaac Reville
COMMERCIAL COLLECTIVE
Sebastian Kavanagh
COMMERCIAL COLLECTIVE
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Property Details for 89 Young St, Carrington

Building Type
Commercial
Land Size
921m2
Local Government
Newcastle
Lot/Plan
100/DP1238117

Last Listing description (December 2020)

If you are seeking an office with convenience this one sure ticks a lot of boxes.
Positioned in the main street of Carrington; this office is directly above a bottle shop, bakery and soon to be complete pizza shop whilst also being surrounded by Australia Post, cafe's and pubs.

- (7) separate offices + boardroom

- Own amenities including shower
- On site parking for (3) vehicles
- Air conditioned & data cabled

Fitout can be amended to suit other requirements. A popular location that is just 5 minutes drive from Newcastle CBD.

Property History for 89 Young St, Carrington, NSW 2294

A timeline of how this property has performed in the market
Last Sold
$3,050,000
22 May 2024
  • 22 May 2024
    Sold for $3,050,000
  • 30 Sep 2020
    Listed for Rent $41,600 / year
  • 17 Nov 2017
    Sold for $1,700,000
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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 1,262 properties. Over the last 5 years, Houses in Carrington have seen a 51.85% increase in median value, while Units have seen a 32.45% increase. As at 31 July 2024:

  • The median value for Houses in Carrington is $1,055,390 while the median value for Units is $925,430.
  • Houses have a median rent of $630 while Units have a median rent of $630.
There are currently 8 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.

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.