OFF MARKET

58/29 Taurus Street
Elermore Vale NSW 2287

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 103m2
Land area: 32131m2
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Property Details for 58/29 Taurus St, Elermore Vale

58/29 Taurus St, Elermore Vale is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 32131m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
Unit
Year Built
1980
Floor Size
103m2
Land Size
32131m2
Local Government
Newcastle
Lot/Plan
58/SP17820

Last Listing description (October 2021)

Move fast and register your interest for this fantastic 3-bedroom townhouse. The property has plenty to offer an investor or first home buyer looking to get into the market at an affordable price. The features make the value look even better:

* 3 bedrooms with built-in in the master

* Large living area, with separate dining-lounge with study nook
* Functional kitchen with plenty of workspace
* Original bathroom with separate shower-bath
* Second toilet off internal laundry
* Carport
* Currently leased to great tenant at $345/week until July 2021

The property is located within easy drive of Elermore Vale, Wallsend and Glendale shopping centres, John Hunter Hospital and Newcastle University. It is an easy walk to Elermore Vale Public School and buses.

This property is a great opportunity for an investor who is wanting to add to their portfolio or a first home buyer looking to get into the property market at an affordable price. With the cost of money so low and property showing excellent capital growth, there has never been a better time to enter the market. The vendor is ready to sell and will be listening to the market.

Council rates: $1,240/year
Water rates: $650/year + usage
Strata Levies: $809.95/quarter

Property History for 58/29 Taurus St, Elermore Vale, NSW 2287

A timeline of how this property has performed in the market
Last Sold
$367,000
11 Jun 2021
Listed for Rent
04 Jul 2020
  • 11 Jun 2021
    Sold for $367,000
  • 17 May 2021
    Listed for Sale $370,000 - $380,000
  • 01 Jun 2020
    Listed for Rent $345 / week
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About Elermore Vale 2287

The size of Elermore Vale is approximately 4.8 square kilometres. It has 22 parks covering nearly 12% of total area. The population of Elermore Vale in 2011 was 5,186 people. By 2016 the population was 5,516 showing a population growth of 6.4% in the area during that time. The predominant age group in Elermore Vale is 0-9 years. Households in Elermore Vale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Elermore Vale work in a professional occupation. In 2011, 69.5% of the homes in Elermore Vale were owner-occupied compared with 70.3% in 2016.

Elermore Vale has 2,835 properties. Over the last 5 years, Houses in Elermore Vale have seen a 70.60% increase in median value, while Units have seen a 53.97% increase. As at 30 November 2024:

  • The median value for Houses in Elermore Vale is $865,411 while the median value for Units is $609,580.
  • Houses have a median rent of $640 while Units have a median rent of $595.
There are currently 25 properties listed for sale, and no properties listed for rent in Elermore vale on OnTheHouse. According to CoreLogic's data, 118 properties were sold in the past 12 months in Elermore vale.

Suburb Insights for Elermore Vale 2287

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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.