OFF MARKET

5 Glovers Lane
Cooks Hill NSW 2300

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 109m2
Land area: 226m2
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Last updated 11 Nov 2024
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Property Details for 5 Glovers Lane, Cooks Hill

5 Glovers Lane, Cooks Hill is a 2 bedroom, 2 bathroom House and was built in 1910. The property has a land size of 226m2 and floor size of 109m2.

Building Type
House
Year Built
1910
Floor Size
109m2
Land Size
226m2
Local Government
Newcastle

Last Listing description (August 2023)

There's no denying this double fronted Victorian cottage needs a considerable amount of work, but with its sought after inner-city lifestyle location and quiet laneway setting, it represents an excellent opportunity for savvy buyers to truly add value. A great start for renovators to get creative with a comprehensive project, it offers the very best of urban amenities a stroll to vibrant Darby Street, Marketown, Newcastle's iconic beaches, working harbour and arts and entertainment scene.

One of four in a row of pretty cottages, it's set back from the street bordered by rustic garden surrounds. Traditional features include a front verandah, picture rails, timber lining boards and floors while the layout reveals three bedrooms, separate living and dining spaces and a small kitchen. Outside there is a bathroom, laundry with bathtub and a second w/c.

* Original weatherboard and Colorbond home on 228 sqm allotment

* Traditional floorplan with external bathroom in need of considerable work
* Quiet laneway in sought-after inner city hotspot
* Stroll to Darby Street's caf?? culture and shopping at Marketown

FRIENDLY AUCTION SYSTEM-

This property is being sold under the revolutionary Friendly Auction System.
-An independent pest & building 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 and are conducted by a panel of reputable companies. The companies have consented to friendly auction terms and will generally be happy to speak to you about any questions in reports and in most cases transfer the reports into your name if you are the successful buyer at auction or prior to auction, see each report for details).
-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 on our website.

Property History for 5 Glovers Lane, Cooks Hill, NSW 2300

A timeline of how this property has performed in the market
  • 11 Aug 2023
    Listed for Sale Not Disclosed
  • 27 May 2015
    Listed for Sale Guide Over $475,000 - Friendly Auction

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About Cooks Hill 2300

The size of Cooks Hill is approximately 0.7 square kilometres. It has 6 parks covering nearly 6.3% of total area. The population of Cooks Hill in 2011 was 3,621 people. By 2016 the population was 3,606 showing a population decline of 0.4% in the area during that time. The predominant age group in Cooks Hill is 20-29 years. Households in Cooks Hill are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cooks Hill work in a professional occupation. In 2011, 44% of the homes in Cooks Hill were owner-occupied compared with 41.3% in 2016.

Cooks Hill has 2,436 properties. Over the last 5 years, Houses in Cooks Hill have seen a 49.52% increase in median value, while Units have seen a 27.38% increase. As at 31 October 2024:

  • The median value for Houses in Cooks Hill is $1,593,624 while the median value for Units is $781,042.
  • Houses have a median rent of $700 while Units have a median rent of $600.
There are currently 10 properties listed for sale, and 8 properties listed for rent in Cooks hill on OnTheHouse. According to CoreLogic's data, 71 properties were sold in the past 12 months in Cooks hill.

Suburb Insights for Cooks Hill 2300

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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.