OFF MARKET

40 Sydney Street
Gateshead NSW 2290

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 84m2
Land area: 234m2
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Property Details for 40 Sydney St, Gateshead

40 Sydney St, Gateshead is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 234m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in January 2011.

Building Type
House
Year Built
1940
Floor Size
84m2
Land Size
234m2
Local Government
Lake Macquarie
Lot/Plan
2/DP21902

Last Listing description (January 2011)

Add Value Here...
This mostly renovated cottage is situated on a functional 539m2 block with side access for off street parking with a sizeable new 2 car Colorbond shed / garage at the rear.
Offering 2 bedrooms, main with built-ins. New Kitchen & appliances. Comfortable sized dining & living areas.

Take advantage of works already undertaken. Excellent opportunity for Strong Growth!
There is room to move for a growing family &/or further value for the investor. Great tenants who would like to stay.

Property History for 40 Sydney St, Gateshead, NSW 2290

A timeline of how this property has performed in the market
Last Sold
$273,000
31 Jan 2011
  • 31 Jan 2011
    Sold for $273,000
  • 23 Sep 2010
    Listed for Sale 275500
  • 07 May 2002
    Sold for $127,000
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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.