SOLD
Sold on 15 May 2024 for $550,000

6/53 Christo Road
Georgetown NSW 2298

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 6/53 Christo Rd, Georgetown

6/53 Christo Rd, Georgetown is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Georgetown in the last 12 months.

Building Type
Unit
Year Built
1970
Local Government
Newcastle
Lot/Plan
6/SP3957

Last Listing description (June 2016)

Fantastic Investment Opportunity in Ideal Location

Whether you're taking your first step on the property ladder or adding to your investment portfolio, this property is a must see. Situated in ever-popular Georgetown, this comfortable apartment has a lot to offer.
Features include:
- 2 large bedrooms, both with built in robes and ceiling fans

- Light filled open plan living with air conditioner
- Separate study nook
- Balcony off living area
- Garage
This apartment is situated on the second floor, in a quiet position, and has a pleasant outlook to the city from the private balcony. The kitchen and bathroom are modern and the apartment also offers internal laundry facilities.
The location of this property makes it a real winner, with all the amenities Georgetown and Waratah have to offer only a short walking distance away.
This property is currently tenanted, returning $330 per week in rent.
For further enquiries or to arrange an inspection, please contact Dave Lane or Roland on 0433 455 396.

Property History for 6/53 Christo Rd, Georgetown, NSW 2298

A timeline of how this property has performed in the market
Last Sold
$550,000
15 May 2024
  • 21 Jul 2016
    Sold for $343,000
  • 20 May 2016
    Listed for Sale $343,000
  • 16 Dec 2009
    Listed for Sale $244,500
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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 1,018 properties. Over the last 5 years, Houses in Georgetown have seen a 58.20% increase in median value, while Units have seen a 47.88% increase. As at 30 November 2024:

  • The median value for Houses in Georgetown is $904,840 while the median value for Units is $603,909.
  • Houses have a median rent of $668 while Units have a median rent of $500.
There are currently 1 property listed for sale, and 1 property listed for rent in Georgetown on OnTheHouse. According to CoreLogic's data, 34 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.