OFF MARKET

14 Redwood Crescent
Gateshead NSW 2290

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 90m2
Land area: 673m2
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Last updated 11 Nov 2024
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Property Details for 14 Redwood Cres, Gateshead

14 Redwood Cres, Gateshead is a 3 bedroom, 1 bathroom House and was built in 1955. The property has a land size of 673m2 and floor size of 90m2.

Building Type
House
Year Built
1955
Floor Size
90m2
Land Size
673m2
Local Government
Lake Macquarie

Last Listing description (April 2023)

Quietly located home in cul-de-sac setting, excellent first home or investment property. Well presented throughout and offering 3 genuine bedrooms, separate dining room and modern kitchen adjoining. Generous backyard is easily accessible to allow room for extension of existing home or construction of granny flat (stca) or freestanding garaging. Perfect for dual income opportunities with construction of granny flat or provide extra housing for family members. Land area could accommodate double or triple garaging with clear side access to the back yard. Convenient location close to Primary and High Schools and bus transport. Excellent investment - Recently rented for $320pw.

Century 21 Carkeet Johns Smith Real Estate at Charlestown-Smarter Bolder Faster. Contact us for an inspection.

Property History for 14 Redwood Cres, Gateshead, NSW 2290

A timeline of how this property has performed in the market
Listed for Rent
$600/w
02 Jan 2024
  • 17 Mar 2022
    Listed for Sale RECENT SALES
  • 11 Jan 2022
    Listed for Rent $630 / week
  • 26 Oct 2021
    Listed for Sale $695,000 - $735,000
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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 4 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.