OFF MARKET

5/9 Chapman Street
Charlestown NSW 2290

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
Land area: 658m2
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Last updated 11 Nov 2024
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Property Details for 5/9 Chapman St, Charlestown

5/9 Chapman St, Charlestown is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974. The property has a land size of 658m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
1974
Floor Size
68m2
Land Size
658m2
Local Government
Lake Macquarie
Lot/Plan
5/SP8271

Last Listing description (May 2023)

Situated directly opposite Charlestown Square this two bedroom unit offers the ultimate in convenience. Set in a small complex of only 5 units, the property offers excellent returns on investment. Rent increase pre scheduled for 30th November to $375 per week. Set and forget nature plus entry level price allows for opportunity for astute purchasers to commence/add to their investment portfolio. The prospect to further value add in the form of cosmetic improvements is also on offer should you desire. Owner occupiers with restricted budgets who also crave the versatility & convenience of this properties location should definitely enquire. The property has also recently completed/installed a brand new roof.

Zoning: B4 Mixed Use
Council: Lake Macquarie

Land Rates: $1339pa approx
Strata Levies: $2958pa approx
Potential Rent: $375p/wk approx

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We have obtained all information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

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Property History for 5/9 Chapman St, Charlestown, NSW 2290

A timeline of how this property has performed in the market
Last Sold
$430,000
18 Nov 2021
Listed for Rent
$310/w
14 Aug 2012
  • 18 Nov 2021
    Sold for $430,000
  • 11 Nov 2021
    Listed for Sale $399,950
  • 10 Aug 2016
    Sold for $325,000
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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 6,685 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 8 properties listed for rent in Charlestown on OnTheHouse. According to CoreLogic's data, 312 properties were sold in the past 12 months in Charlestown.

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