SOLD
RECENT ADVICE
Sold on 24 Apr 2024 for $430,000

1 Newell Avenue
Gunnedah NSW 2380

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Land area: 697m2
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Property Details for 1 Newell Ave, Gunnedah

1 Newell Ave, Gunnedah is a 4 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 697m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 4 bedroom House sold in Gunnedah in the last 12 months.

Building Type
House
Land Size
697m2

Last Listing description (April 2024)

This spacious brick residence is suitable for a large family or an astute investor offering four generous bedrooms and spacious internal and external living areas. This comfortable and well-presented property is ideally suited for family buyers with the second living area perfect for a parents retreat or kid's rumpus and great rear patio in the privately fenced backyard.
A great property for astute investors to add to the portfolio with expected rental returns of $500-$520 per week and low vacancy rates continuing in the Gunnedah market.

• Large kitchen-dining complete with dishwasher, ample bench space and storage

• Four bedrooms and two bathrooms for ample living space
• Two expansive living areas and a separate dining room
• Equipped with evaporative air-conditioning, split system air cons and a gas point for heating
• Paved and private covered back yard entertaining
• Fenced yard and a single lock-up garage drive through access to backyard
• Ideal investment property with potential rental yield exceeding 6%

Well presented and priced for immediate sale, this property will be sure to attract attention from home buyers and investors alike. Contact Hennessy Real Estate on 6742 3001 to secure this property today!

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Property History for 1 Newell Ave, Gunnedah, NSW 2380

A timeline of how this property has performed in the market
Last Sold
$430,000
24 Apr 2024
Listed for Rent
$390/w
01 Oct 2019
  • 11 Nov 2024
    Listed for Rent $480 / week
  • 24 Apr 2024
    Sold for $430,000
  • 29 Jan 2024
    Listed for Sale $425,000 - $450,000
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About Gunnedah 2380

The size of Gunnedah is approximately 519 square kilometres. It has 36 parks covering nearly 7.1% of total area. The population of Gunnedah in 2011 was 9,341 people. By 2016 the population was 9,727 showing a population growth of 4.1% in the area during that time. The predominant age group in Gunnedah is 0-9 years. Households in Gunnedah are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gunnedah work in a machinery operators and drivers occupation. In 2011, 65.6% of the homes in Gunnedah were owner-occupied compared with 63% in 2016.

Gunnedah has 5,807 properties. Over the last 5 years, Houses in Gunnedah have seen a 58.25% increase in median value, while Units have seen a 57.34% increase. As at 30 November 2024:

  • The median value for Houses in Gunnedah is $420,146 while the median value for Units is $352,950.
  • Houses have a median rent of $485 while Units have a median rent of $330.
There are currently 38 properties listed for sale, and 15 properties listed for rent in Gunnedah on OnTheHouse. According to CoreLogic's data, 304 properties were sold in the past 12 months in Gunnedah.

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