SOLD
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Sold on 15 Nov 2024 for $530,000

62 Brisbane Street
East Maitland NSW 2323

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 601m2
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Property Details for 62 Brisbane St, East Maitland

Building Type
Land
Land Size
601m2

Last Listing description (November 2024)

Explore an outstanding investment opportunity that demands attention - Introducing 62 Brisbane Street! Unveiling a 600sqm land parcel with unparalleled development potential this block is beaming with potential.

With an approved Development Application, seize this opportunity to embark on a project, that is ready to dive straight into construction and bring the vision to life.

Strategically nestled in East Maitland, this location offers a seamless blend of convenience and lifestyle, with local amenities such as shops, schools, parks, and public transportation within easy reach. Just a thirty-minute drive to Newcastle or a two-hour drive to Sydney, the positioning is truly ideal.

Approved for three townhouses, each has been meticulously designed with spaciousness, and functionality, for effortless family living. The townhouses feature two generously sized bedrooms, expansive open-plan living areas, media room and secure lockup garage, these properties offer a harmonious balance of comfort and style.

Investing in this land unlocks a multitude of possibilities, whether it's residing in one townhouse while leasing out the others, accommodating extended family, or maximizing returns by selling all three properties.

*Please note: Townhouses will be on a strata title.

Don't miss your opportunity to enquire on 62 Brisbane Street today! Call Reece Thompson and the team on 0421 289 822 for more infotmation!

Disclaimer:
Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.

Property History for 62 Brisbane St, East Maitland, NSW 2323

A timeline of how this property has performed in the market
Last Sold
$530,000
15 Nov 2024
  • 15 Nov 2024
    Sold for $530,000
  • 22 Apr 2024
    Listed for Sale $550,000
  • 31 Aug 2017
    Sold for $350,000
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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 6,531 properties. Over the last 5 years, Houses in East Maitland have seen a 46.73% increase in median value, while Units have seen a 62.99% increase. As at 31 October 2024:

  • The median value for Houses in East Maitland is $679,731 while the median value for Units is $493,074.
  • Houses have a median rent of $565 while Units have a median rent of $460.
There are currently 29 properties listed for sale, and 6 properties listed for rent in East maitland on OnTheHouse. According to CoreLogic's data, 267 properties were sold in the past 12 months in East maitland.

Suburb Insights for East Maitland 2323

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Contact agent
Reece Thompson
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Thompson & Clarke
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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.