OFF MARKET

2/42 Georgetown Road
Georgetown NSW 2298

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Property Details for 2/42 Georgetown Rd, Georgetown

Building Type
Unknown
Local Government
Newcastle

Last Listing description (September 2024)

A rare opportunity to secure premium ground floor positioning with direct street frontage on Georgetown Road. This suite is located in CREST Georgetown, a brand new boutique residence comprised of 23 apartments - available for occupancy in Spring 2024.Key features:- Space offered as a 'cold shell' ready for a quality fitout to maximise potential- Exclusive use of secure parking space and access to bike storage room- Easy access to communal accessible amenities- Well-serviced by surrounding food and beverage amenities & retail - Suited to a multitude of uses; boutique offices, hair & beauty, food, retail, medical- Nearby public transport stop allowing for quick access in/out of Newcastle CBD For a detailed IM, floorplans and further information, contact Katrina Karmas at GWH/RE on 0490 209 810. -GWH Real Estate was born after recognising the need for a reliable Newcastle real estate agency with a refreshing, streamlined and progressive approach to residential and commercial property. Offering all-inclusive, custom real estate services with the assistance of a preferred partner network of suppliers, the friendly team at GWH/RE can sell, rent, and manage your residential and commercial investments. Our techniques are tailored specifically to benefit your property and to achieve the best outcome for you.

Property History for 2/42 Georgetown Rd, Georgetown, NSW 2298

A timeline of how this property has performed in the market
  • 11 Sep 2024
    Listed for Sale Expressions of Interest

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About Georgetown 2298

The size of Georgetown is approximately 0.5 square kilometres. It has 1 park covering nearly 1.1% of total area. The population of Georgetown in 2011 was 2,005 people. By 2016 the population was 1,967 showing a population decline of 1.9% in the area during that time. The predominant age group in Georgetown is 20-29 years. Households in Georgetown are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Georgetown work in a professional occupation. In 2011, 68.4% of the homes in Georgetown were owner-occupied compared with 68.6% in 2016.

Georgetown has 1,001 properties. Over the last 5 years, Houses in Georgetown have seen a 62.18% increase in median value, while Units have seen a 52.25% increase. As at 31 October 2024:

  • The median value for Houses in Georgetown is $898,542 while the median value for Units is $616,117.
  • Houses have a median rent of $650 while Units have a median rent of $510.
There are currently 1 property listed for sale, and no properties listed for rent in Georgetown on OnTheHouse. According to CoreLogic's data, 32 properties were sold in the past 12 months in Georgetown.

Suburb Insights for Georgetown 2298

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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.