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.
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:
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.
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:
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