OFF MARKET

43 Suttor Street
Edgeworth NSW 2285

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 82m2
Land area: 629m2
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Last updated 11 Nov 2024
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Property Details for 43 Suttor St, Edgeworth

43 Suttor St, Edgeworth is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 629m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in October 2019.

Building Type
House
Year Built
1950
Floor Size
82m2
Land Size
629m2
Local Government
Lake Macquarie
Lot/Plan
33/DP36370

Last Listing description (May 2023)

With an entry level price tag this 3 bedroom residence offers opportunity to gain a return day one. Currently tenanted for $330 per week with tenant indicating they are willing stay. This equates to a gross return on investment of 5.2%. With a spacious 626m2 block there is further development potential for granny flat to increase existing yields - (subject to approvals). Alternatively first home buyers on a budget could consider with the prospect of further improving by adding garaging. Located conveniently to neighbouring Edgeworth Heights Public School. Priced to sell, inspect today!

Zoning: R2 Low Density Residential
Land Area: 626sqm approx

Council: Lake Macquarie
Land Rates: $1659pa approx.
Water Rates: $798pa approx.
Current Rent: $330p/wk

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Property History for 43 Suttor St, Edgeworth, NSW 2285

A timeline of how this property has performed in the market
Last Sold
$346,000
17 Oct 2019
Listed for Rent
$360/w
28 Apr 2021
  • 13 Apr 2021
    Listed for Rent $360 / week
  • 13 May 2020
    Listed for Rent $410 / week
  • 17 Oct 2019
    Sold for $346,000
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About Edgeworth 2285

The size of Edgeworth is approximately 7 square kilometres. It has 13 parks covering nearly 11.6% of total area. The population of Edgeworth in 2011 was 6,251 people. By 2016 the population was 6,191 showing a population decline of 1.0% in the area during that time. The predominant age group in Edgeworth is 0-9 years. Households in Edgeworth are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Edgeworth work in a trades occupation. In 2011, 72.5% of the homes in Edgeworth were owner-occupied compared with 70.3% in 2016.

Edgeworth has 3,723 properties. Over the last 5 years, Houses in Edgeworth have seen a 58.80% increase in median value, while Units have seen a 62.01% increase. As at 31 October 2024:

  • The median value for Houses in Edgeworth is $716,360 while the median value for Units is $533,294.
  • Houses have a median rent of $610 while Units have a median rent of $525.
There are currently 52 properties listed for sale, and 7 properties listed for rent in Edgeworth on OnTheHouse. According to CoreLogic's data, 202 properties were sold in the past 12 months in Edgeworth.

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