OFF MARKET

11 Plane Street
Gateshead NSW 2290

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 78m2
Land area: 595m2
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Property Details for 11 Plane St, Gateshead

11 Plane St, Gateshead is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1950. The property has a land size of 595m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
House
Year Built
1950
Floor Size
78m2
Land Size
595m2
Local Government
Lake Macquarie
Lot/Plan
191/DP221320

Last Listing description (May 2023)

Offering the perfect prospect for educated investors and first home buyers. This property is financially positioned at entry level for the suburb with current & historical growth indicators for Gateshead displaying genuine growth patterns due to the super convenient nature of its location. Set on a spacious 575m2 approx level block with 3 bedrooms, functional kitchen and bathroom, detached double garage plus carport. Ideal opportunity to update and further value add, possible granny flat options for investors, or fantastic starter into your own first home ownership.

PEST AND BUILDING INSPECTION AVAILABLE UPON INSPECTION

Located nearby:

* Popular Redhead Beach
* Lake Macquarie Shopping Fair
* Charlestown Square
* Lake Macquarie Foreshore
* Newcastle City Bypass
* Local Schooling options

Zoning: R2 Low Density Residential
Land Area: 575m2 approx
Council: Lake Macquarie City Council
Land Rates: $1804pa approx
Water Rates: $711pa approx

IMPORTANT INFORMATION ABOUT AUCTION DAY. Due to COVID-19 Public Health Orders and our COVID-19 Safety Plan, only one registered bidder for each buyer group will be able to attend the auction. Auction day attendance will be limited to no more than 25 on-site registered bidders - no spectators. Live ONLINE bidding is available, recommended and unlimited by registering at https://auctionnow.com.au/properties/67941. We request that all buyers pre-register prior to auction day whether you wish to attend the on-site auction or bid online and we ask that you please book a time to pre-register with us.

Our COVID Safety plan for open house and private inspections requires attendees to provide their name and a contact number. We may at times call your contact number to confirm you have provided your correct number.

We require you to:

*Wait until instructed to enter (no more than 25 visitors will be allowed to enter any property or fewer depending on the size of the property);
*Use hand sanitiser;
*Exit via back door (if possible);
*Maintain 1.5m social distance;
*Remain in family groups at all times.

Please:
*Do not attend if you are unwell;
*Do not attend if you have been told to self-isolate;

We have obtained all information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 11 Plane St, Gateshead, NSW 2290

A timeline of how this property has performed in the market
Last Sold
$545,000
18 Mar 2021
  • 18 Mar 2021
    Sold for $545,000
  • 02 Mar 2021
    Listed for Sale AUCTION Auction Guide $490,000 - $539,000
  • 12 Dec 2018
    Sold
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About Gateshead 2290

The size of Gateshead is approximately 2.8 square kilometres. It has 10 parks covering nearly 20% of total area. The population of Gateshead in 2011 was 3,574 people. By 2016 the population was 3,135 showing a population decline of 12.3% in the area during that time. The predominant age group in Gateshead is 20-29 years. Households in Gateshead are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Gateshead work in a labourer occupation. In 2011, 55.4% of the homes in Gateshead were owner-occupied compared with 53.1% in 2016.

Gateshead has 1,672 properties. Over the last 5 years, Houses in Gateshead have seen a 65.42% increase in median value, while Units have seen a 47.83% increase. As at 31 October 2024:

  • The median value for Houses in Gateshead is $830,351 while the median value for Units is $688,791.
  • Houses have a median rent of $565 while Units have a median rent of $300.
There are currently 3 properties listed for sale, and 5 properties listed for rent in Gateshead on OnTheHouse. According to CoreLogic's data, 117 properties were sold in the past 12 months in Gateshead.

Suburb Insights for Gateshead 2290

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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.