SOLD
Sold on 09 Jul 2024 for $320,000

3/28 Cumberland Street
East Maitland NSW 2323

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Land area: 1214m2
Sold By
First National Real Estate David Haggarty
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Property Details for 3/28 Cumberland St, East Maitland

3/28 Cumberland St, East Maitland is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 1214m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in East Maitland in the last 12 months.

Building Type
Unit
Year Built
1965
Floor Size
55m2
Land Size
1214m2
Local Government
Maitland
Lot/Plan
3/SP18468

Last Listing description (September 2024)

This well-appointed 1-bedroom unit in the heart of East Maitland offers not only a comfortable living space but also a fantastic opportunity for a savvy investor.

Situated in the sought-after East Maitland area, this property is conveniently located close to a myriad of amenities. Enjoy easy access to shopping centers, cafes, restaurants, and recreational facilities, making it an ideal spot for both residents and potential tenants.

The unit is nestled in a tranquil neighbourhood, providing a peaceful retreat while still being in close proximity to urban conveniences.

Commuting is a breeze with excellent transportation links nearby. Whether it's by car or public transport, you'll find that this property is well-connected to major roads and transit routes, enhancing its appeal for future tenants.

This 1-bedroom unit presents a golden opportunity for investors. With the growing demand for rental properties in East Maitland, you can capitalize on the potential for high rental yields and long-term appreciation.

The unit itself boasts a well-designed layout with a spacious bedroom, comfortable kitchen, and a cozy living area. Natural light floods through large windows, creating a bright and inviting atmosphere.

This unit offers low maintenance living, allowing you to focus on maximizing returns without the hassle of constant upkeep.

Don't miss out on this excellent investment opportunity. Whether you're looking to expand your portfolio or start your investment journey, this 1-bedroom unit is a promising choice.

This property is proudly marketed by Mick Haggarty. Contact Mick on 0408 021 921 for further information or to book your onsite inspection.

Disclaimer: All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

First National Real Estate Maitland - We Put You First.

Property History for 3/28 Cumberland St, East Maitland, NSW 2323

A timeline of how this property has performed in the market
Last Sold
$320,000
09 Jul 2024
Listed for Rent
$235/w
21 Mar 2017
  • 09 Jul 2024
    Sold for $320,000
  • 22 Jan 2024
    Listed for Sale Not Disclosed
  • 27 Feb 2017
    Listed for Rent $235 / week
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About East Maitland 2323

The size of East Maitland is approximately 16.1 square kilometres. It has 39 parks covering nearly 17.2% of total area. The population of East Maitland in 2011 was 11,014 people. By 2016 the population was 11,773 showing a population growth of 6.9% in the area during that time. The predominant age group in East Maitland is 40-49 years. Households in East Maitland are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Maitland work in a professional occupation. In 2011, 63.1% of the homes in East Maitland were owner-occupied compared with 60.8% in 2016.

East Maitland has 6,614 properties. Over the last 5 years, Houses in East Maitland have seen a 42.87% increase in median value, while Units have seen a 65.01% increase. As at 30 November 2024:

  • The median value for Houses in East Maitland is $677,774 while the median value for Units is $498,998.
  • Houses have a median rent of $580 while Units have a median rent of $460.
There are currently 24 properties listed for sale, and 7 properties listed for rent in East maitland on OnTheHouse. According to CoreLogic's data, 288 properties were sold in the past 12 months in East maitland.

Suburb Insights for East Maitland 2323

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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.