OFF MARKET

18 Arnold Street
Charlestown NSW 2290

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 64m2
Land area: 767m2
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Property Details for 18 Arnold St, Charlestown

18 Arnold St, Charlestown is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 767m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
House
Year Built
1980
Floor Size
64m2
Land Size
767m2
Local Government
Lake Macquarie
Lot/Plan
62/DP520970

Last Listing description (July 2021)

A classic case of position meets potential, this block of two villas offers scope for a value-adding renovation, while the 765sqm parcel with 18m frontage and R3 Medium Density Residential Zoning is ripe for further development. Add to this the handy location just 800m from Charlestown Square, this property is a blank canvas of possibilities.

- 765sqm landholding with east/west aspect in quiet street
- Approximate block dimensions of 18m frontage and 42.5m depth

- R3 zoning allows for a variety of development uses subject to council approval
- Currently on site two x two-bedroom, one-bathroom villas with double carport
- Solid investment currently returning $640 per week with potential to increase
- A great opportunity to add value to the villas with a contemporary renovation
- A further development opportunity to the rear of the block, subject to approvals
- Superbly located a 10-minute stroll to cinemas, shops, eateries, and transport
- 1300m to the city bypass offering an easy commute to John Hunter Hospital
- 9km to Newcastle city centre and beaches, 6km to Warners Bay lake foreshore

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Property History for 18 Arnold St, Charlestown, NSW 2290

A timeline of how this property has performed in the market
Last Sold
$828,000
24 Jul 2021
Listed for Rent
$295/w
08 Mar 2016
  • 24 Jul 2021
    Sold for $828,000
  • 24 Jun 2021
    Listed for Sale Guide $780,000
  • 01 Dec 2015
    Listed for Rent $295 / week
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About Charlestown 2290

The size of Charlestown is approximately 7.1 square kilometres. It has 39 parks covering nearly 13.4% of total area. The population of Charlestown in 2011 was 12,411 people. By 2016 the population was 12,918 showing a population growth of 4.1% in the area during that time. The predominant age group in Charlestown is 30-39 years. Households in Charlestown are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Charlestown work in a professional occupation. In 2011, 73.7% of the homes in Charlestown were owner-occupied compared with 72.6% in 2016.

Charlestown has 6,682 properties. Over the last 5 years, Houses in Charlestown have seen a 70.87% increase in median value, while Units have seen a 55.50% increase. As at 31 October 2024:

  • The median value for Houses in Charlestown is $938,620 while the median value for Units is $652,473.
  • Houses have a median rent of $620 while Units have a median rent of $545.
There are currently 33 properties listed for sale, and 7 properties listed for rent in Charlestown on OnTheHouse. According to CoreLogic's data, 306 properties were sold in the past 12 months in Charlestown.

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