OFF MARKET

9 Valerie Court
Elermore Vale NSW 2287

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 113m2
Land area: 601m2
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Property Details for 9 Valerie Ct, Elermore Vale

9 Valerie Ct, Elermore Vale is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1990. The property has a land size of 601m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
House
Year Built
1990
Floor Size
113m2
Land Size
601m2
Local Government
Newcastle
Lot/Plan
80/DP800322

Last Listing description (April 2022)

A quiet street just 300m from Wallsend South Public school and a two-minute drive to Elermore Vale shopping centre plays host to this value-packed property. The comfortable three-bedroom brick and tile home comes with a highly prized means of generating extra income courtesy of the modern two-bedroom granny flat at the rear.
This unique two-for-one offering is a superb opportunity that will greatly appeal to investors seeking a dual-income return, families wanting to live in one home and rent the other, or those wanting to house multiple generations - but not necessarily in the same home.
609sqm block of land featuring two separate freestanding homes on one title

Zoning for Wallsend south Public, 350m away and high performing Lambton High
3.5km to John Hunter Hospital, 6km to University of Newcastle
Combined return of $860 with current tenancies in place

Front Property

Three-bedroom house returning $480 per week exp Dec 2022
Three-way bathroom
Lounge room with a/c plus seperate dining
Single garage, fenced backyard

Rear Property

Granny Flat built 2016 returning $380 per week exp Aug 2022
2 bedrooms, 1 bathroom
Living room with a/c
Covered entertaining area
Off street parking

Approx. outgoings
Council Rates $1936 pa
Water Rates $1337.67 pa

Contact your Premier agents Vlado Zvicer and Rodney Goodwin today to secure your inspection before this amazing investment oppurtunity is sold.

DISCLAIMER
We have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including without limitation, any income, rentals, dimensions, areas, zoning and permits.

Property History for 9 Valerie Ct, Elermore Vale, NSW 2287

A timeline of how this property has performed in the market
Last Sold
$1,015,000
30 Mar 2022
Listed for Rent
$480/w
29 Nov 2021
  • 30 Mar 2022
    Sold for $1,015,000
  • 11 Mar 2022
    Listed for Sale $900,000 - $990,000
  • 11 Nov 2021
    Listed for Rent $480 / 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 2,813 properties. Over the last 5 years, Houses in Elermore Vale have seen a 68.98% increase in median value, while Units have seen a 68.26% increase. As at 31 October 2024:

  • The median value for Houses in Elermore Vale is $847,223 while the median value for Units is $630,381.
  • Houses have a median rent of $650 while Units have a median rent of $590.
There are currently 26 properties listed for sale, and no properties listed for rent in Elermore vale on OnTheHouse. According to CoreLogic's data, 120 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.