OFF MARKET

85 Coral Crescent
Gateshead NSW 2290

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 107m2
Land area: 568m2
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Property Details for 85 Coral Cres, Gateshead

85 Coral Cres, Gateshead is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 568m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
House
Year Built
1970
Floor Size
107m2
Land Size
568m2
Local Government
Lake Macquarie
Lot/Plan
601/DP233166

Last Listing description (April 2023)

Having been recently repainted throughout and new carpet laid, this property provides an outstanding opportunity. Ideal for first-home buyers, investors or young families, to take the leap of faith now and purchase a home in one of Newcastle's proven growth suburbs. Presented extremely well and providing everything you will need, this home is move-in ready while holding scope for further modernisation at a later time to maximise the potential. With 3 good sized bedrooms, a centralised kitchen adjoining the dining area and 2 separate living areas. Additionally a spacious outdoor undercover entertaining area overlooks a family friendly level yard with easy access for all your toys. You will no doubt want to jump on this outstanding opportunity today to avoid disappointment.

* Easy access to the lakes edge at Warners Bay (approx. 5 mins) and super popular Redhead Beach (10 mins)

* Charlestown Square and Bennetts Green (both approx. 5 mins), and Newcastle CBD (approx. 15 mins)

SEE YOU SOON!!

Zoning: R2 Low Density Residential
Land Area: 575sqm approx
Council: Lake Macquarie
Land Rates: $1866pa approx
Water Rates: $735pa approx

COVID Safe procedures will be followed at Open House and private inspections. We require attendees to provide their name and contact number for all inspections. You will be required to wear a face mask. Do not inspect if you are feeling unwell or have been asked by NSW Health to self-isolate.

For your protection, all our Agents have been fully vaccinated.

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.


Property History for 85 Coral Cres, Gateshead, NSW 2290

A timeline of how this property has performed in the market
Last Sold
$705,000
20 Dec 2021
  • 07 Mar 2022
    Listed for Sale $670,000 to $715,000
  • 20 Dec 2021
    Sold for $705,000
  • 28 Oct 2021
    Listed for Sale $670,000 to $715,000
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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 5 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.