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Sold on 26 Feb 2024 for $700,000

8 Mahogany Crescent
Gateshead NSW 2290

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 582m2
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Property Details for 8 Mahogany Cres, Gateshead

8 Mahogany Cres, Gateshead is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 582m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 5 bedroom House sold in Gateshead in the last 12 months.

Building Type
House
Land Size
582m2
Local Government
Lake Macquarie
Lot/Plan
585/DP233166

Last Listing description (February 2024)

This great family home offers a perfect blend of comfort and convenience for first home buyers or those seeking an ideal work from home setup or needing a teenage retreat.

Set on a generous 582sqm corner block, and prized North facing aspect, this property boasts an array of contemporary features that straight away makes you feel right at home.

With it’s flexible floorplan the home features 4 bedrooms, central kitchen, large family room, and spacious modern bathroom, a separate 1-bedroom self-contained studio/teenage retreat provides the perfect solution for the growing family.

Other features include polished floorboards throughout, solar electricity, rear covered entertaining space, and private alfresco deck area at the front of the home, there is a large carport with additional parking for a boat or trailer.

The home is perfectly located and is.
* Within 2km from Charlestown CBD and Lake fair shopping Centre,
*Zoned for Hunter Sports High and Wiripaang Public school
* And an easy drive to Warners Bay foreshore, and Redhead Beach

This home delivers a package that is often hard to find and with its central location offers the perfect opportunity to get into the market, arrange your inspection today!

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Property History for 8 Mahogany Cres, Gateshead, NSW 2290

A timeline of how this property has performed in the market
Last Sold
$700,000
26 Feb 2024
  • 12 Feb 2024
    Sold for $700,000
  • 23 Nov 2023
    Listed for Sale Price Guide $685,000
  • 22 Oct 2021
    Sold for $672,800
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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 5 properties listed for sale, and 4 properties listed for rent in Gateshead on OnTheHouse. According to CoreLogic's data, 119 properties were sold in the past 12 months in Gateshead.

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