SOLD
Sold on 26 Oct 2024 for $1,378,500

26 Veda Street
Hamilton NSW 2303

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 160m2
Land area: 556m2
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Property Details for 26 Veda St, Hamilton

26 Veda St, Hamilton is a 3 bedroom, 1 bathroom House and was built in 1925. The property has a land size of 556m2 and floor size of 160m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Hamilton in the last 12 months.

Building Type
House
Year Built
1925
Floor Size
160m2
Land Size
556m2
Local Government
Newcastle
Lot/Plan
1/DP741055

Last Listing description (October 2024)

Situated in cosmopolitan Hamilton less than 100m from the vibrancy of Beaumont Street, these two adjoining properties on a combined 1,023sqm landholding are being sold in one line representing a blue-chip development opportunity of rare size and location.

The under-capitalised landholding, offers property developers the ultimate blank canvas to build a multi-level development;
- R3 Medium Density Residential zoning, building height 10m

- Combined Land size ~ 20m frontage x ~ 50m Depth,
- 26 Veda comprises 3-bedroom home on 556m2 ( ~10.97m x 50.88m/50.99m)
- 28 Veda comprises 2-bedroom home on 467m2 ( ~9.14m x 51.08m/50.98m)
- Both properties are readily liveable or rentable whilst plans are being approved
- Neighbouring apartment block at number 2 Veda Street offers inspiration on what could be achieved here, subject to council approval.

Just 4km from Newcastle's CBD, harbour and surf beaches, the inner-city suburb of Hamilton has a sociable reputation with a rich and varied mix of bars, cafes, quirky boutiques and weekend markets.

Hamilton train station services travelling to Sydney Central via the Central Coast and the Hunter line to Maitland and beyond while bus services run between Newcastle CBD, Charlestown and the University of Newcastle.

Combined Rates: Council Rates ~ $5,861 p.a, Water Rates ~ $2,400p.a

Auction to be held on-site

Disclaimer: Green Street have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

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Property History for 26 Veda St, Hamilton, NSW 2303

A timeline of how this property has performed in the market
Last Sold
$1,378,500
26 Oct 2024
  • 26 Oct 2024
    Sold for $1,378,500
  • 27 Sep 2024
    Listed for Sale $2,757,000
  • 02 Jul 2019
    Sold for $805,000
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About Hamilton 2303

The size of Hamilton is approximately 1.5 square kilometres. It has 4 parks covering nearly 4.6% of total area. The population of Hamilton in 2011 was 4,071 people. By 2016 the population was 4,217 showing a population growth of 3.6% in the area during that time. The predominant age group in Hamilton is 20-29 years. Households in Hamilton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hamilton work in a professional occupation. In 2011, 54.2% of the homes in Hamilton were owner-occupied compared with 51.5% in 2016.

Hamilton has 2,885 properties. Over the last 5 years, Houses in Hamilton have seen a 57.07% increase in median value, while Units have seen a 29.05% increase. As at 30 November 2024:

  • The median value for Houses in Hamilton is $1,115,402 while the median value for Units is $672,047.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 9 properties listed for sale, and 8 properties listed for rent in Hamilton on OnTheHouse. According to CoreLogic's data, 95 properties were sold in the past 12 months in Hamilton.

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