SOLD
Sold on 25 Oct 2023 for $550,000

92 Lawes Street
East Maitland NSW 2323

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 145m2
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Property Details for 92 Lawes St, East Maitland

Building Type
Commercial
Land Size
145m2
Local Government
Maitland
Lot/Plan
B/DP395850

Last Listing description (December 2023)

* Located in the beating heart of the East Maitland shopping strip, these two tenanted shops are showing a strong return
* Positioned to take advantage of one of the fastest growing residential corridors in New South Wales;
* Set on approximately 138m2 of land;

* The shops rent for $360 and $400 per week (a total of $760 per week); and
* Opportunity to lift rents when leases are renewed.

Inspection by private appointment.

Property History for 92 Lawes St, East Maitland, NSW 2323

A timeline of how this property has performed in the market
Last Sold
$550,000
25 Oct 2023
Listed for Rent
$21k/w
16 Mar 2023
  • 25 Oct 2023
    Sold for $550,000
  • 09 Oct 2023
    Listed for Sale UNDER CONTRACT
  • 19 Mar 2020
    Listed for Rent $22,425 / 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 6,613 properties. Over the last 5 years, Houses in East Maitland have seen a 50.66% increase in median value, while Units have seen a 53.34% increase. As at 31 August 2024:

  • The median value for Houses in East Maitland is $679,869 while the median value for Units is $471,921.
  • Houses have a median rent of $570 while Units have a median rent of $450.
There are currently 29 properties listed for sale, and 12 properties listed for rent in East maitland on OnTheHouse. According to CoreLogic's data, 269 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.