FOR SALE

56 Mahogany Crescent
Gateshead NSW 2290

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Floor area: 86m2
Land area: 625m2
This property is currently on the market
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Property Details for 56 Mahogany Cres, Gateshead

56 Mahogany Cres, Gateshead is a 4 bedroom, 1 bathroom House. The property has a land size of 625m2 and floor size of 86m2.This Property is currently listed for sale with Ray White East Lake Macquarie - Swansea

Building Type
House
Floor Size
86m2
Land Size
625m2
Local Government
Lake Macquarie
Lot/Plan
150/DP224692

Last Listing description (October 2024)

Located in a peaceful neighborhood, 56 Mahogany Street, Gateshead, offers the perfect balance of tranquility and convenience. Set on a generous 625m block, this fully renovated four-bedroom, two-bathroom home is ideal for first-home buyers, families looking to upsize, or savvy investors. With a chef-inspired kitchen, modern living spaces, and proximity to major shopping precincts in Charlestown and Kotara, this property truly has it all.

Don't miss your chance to secure this exceptional opportunity-enquire today and be among the first to inspect! Additional photos will be available next week.

Approximate Rates:

Council: $3,825.56 pa
Water: $1,462.00 pa

Property History for 56 Mahogany Cres, Gateshead, NSW 2290

A timeline of how this property has performed in the market
Last Sold
$600,000
07 May 2022
  • 03 Oct 2024
    Listed for Sale COMING SOON!
  • 07 May 2022
    Sold for $600,000
  • 11 Apr 2022
    Listed for Sale AUCTION

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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 1,678 properties. Over the last 5 years, Houses in Gateshead have seen a 68.78% increase in median value, while Units have seen a 51.69% increase. As at 31 August 2024:

  • The median value for Houses in Gateshead is $824,346 while the median value for Units is $692,469.
  • Houses have a median rent of $555 while Units have a median rent of $300.
There are currently 5 properties listed for sale, and 3 properties listed for rent in Gateshead on OnTheHouse. According to CoreLogic's data, 113 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.