OFF MARKET

38 Palmer Street
Georgetown NSW 2298

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 115m2
Land area: 186m2
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Property Details for 38 Palmer St, Georgetown

38 Palmer St, Georgetown is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2016. The property has a land size of 186m2 and floor size of 115m2.

Building Type
Townhouse
Year Built
2016
Floor Size
115m2
Land Size
186m2
Local Government
Newcastle

Last Listing description (June 2017)

165.09 square metres in size - Commanding absolute street frontage.
Enviably positioned in one of Newcastle's favourite suburbs, with vibrant cafes, sought-after schools and a major shopping hub a leisurely stroll away, the idyllic location of this brand new residence promotes strong rental return for investors and a perfect lifestyle setting for homeowners. Set amongst other quality homes, welcoming interiors comprise of a free-flowing open-plan living domain with seamless transition to an outdoor alfresco escape, a showroom kitchen with high-end SMEG appliances, three robed bedrooms supported by two ultra-modern bathrooms, a convenient study nook, internal laundry and single garage. Solidly built and designed with beauty in mind, this superb offering is full of features that effortlessly combine to create a fuss-free, yet contemporary city lifestyle.
- Brand new designer apartment in highly sought after Georgetown location

- Lively retail precinct a short stroll away
- Beautifully designed and finished to an exacting standard
- Open-plan living dressed in neutral tones connects to a relaxed alfresco escape
- Showroom kitchen with smooth stone surfaces and SMEG appliances
- Three bedrooms appointed with plush carpet and built-in robes
- Master flaunts a walk-in robe and chic ensuite
- Full family bathroom located upstairs with convenient wc downstairs
- Useful study nook, internal laundry and lock-up garage
- Superb lifestyle purchase or astute investment
- Less than 10 minutes drive to Newcastle CBD and beaches
- Strata Levies are approximately $460 per quarter
- Council Rates are approximately $1200 per year
- Water Rates are approximately $1500 per year
** This is a sample design and colour may vary slightly on completion

Property History for 38 Palmer St, Georgetown, NSW 2298

A timeline of how this property has performed in the market
  • 11 May 2017
    Listed for Sale Price guide by request

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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 998 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, 31 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.