SOLD
Sold on 27 Jul 2024 for $905,000

3 Norfolk Avenue
Islington NSW 2296

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 119m2
Land area: 291m2
Sold By
Colliers Newcastle
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Property Details for 3 Norfolk Ave, Islington

3 Norfolk Ave, Islington is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1920. The property has a land size of 291m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom House sold in Islington in the last 12 months.

Building Type
House
Year Built
1920
Floor Size
119m2
Land Size
291m2
Local Government
Newcastle
Lot/Plan
4/DP32667

Last Listing description (October 2024)

Auction Guide $785,000 "Deceased Estate"

This property offers outstanding potential and the perfect blank canvas for the experienced renovator, builder, or those looking for a home office, business or new home site opportunity. Given the property has been somewhat unloved for some time, its rejuvenation will definitely not be for the faint hearted. That said, given its location, one will be certainly rewarded financially after all the hard work is completed.

The weatherboard and iron roofed property is positioned on a 290sqm block and offers a prominent two street frontage location in a R3 Residential zone and offers a lounge and dining area, two spacious bedrooms plus additional living/ home office zone.

This property in its past life was not only a residence, but also incorporated a sandwich shop, the external awning is still in place offering the perfect advertisement for a home office/business application STCA. Given its prime location within strolling distance to Islington and Hamilton's cafe and restaurant scene, coupled with its proximity to bus and train transport, it is bound to stir the interest of many looking for a new project or family home in ever popular Islington. "Building & Pest Report Available"

Council Rates : $2,583.00* PA
Water Rates : $915.00* PA plus usage

*Approx.

Property History for 3 Norfolk Ave, Islington, NSW 2296

A timeline of how this property has performed in the market
Last Sold
$905,000
27 Jul 2024
  • 27 Jul 2024
    Sold for $905,000
  • 03 Jul 2024
    Listed for Sale Guide $785,000
  • 11 Sep 2002
    Sold for $205,000
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About Islington 2296

The size of Islington is approximately 0.7 square kilometres. It has 4 parks covering nearly 12.3% of total area. The population of Islington in 2011 was 1,806 people. By 2016 the population was 1,887 showing a population growth of 4.5% in the area during that time. The predominant age group in Islington is 20-29 years. Households in Islington are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Islington work in a professional occupation. In 2011, 51.4% of the homes in Islington were owner-occupied compared with 49.4% in 2016.

Islington has 1,331 properties. Over the last 5 years, Houses in Islington have seen a 62.40% increase in median value, while Units have seen a 31.35% increase. As at 31 October 2024:

  • The median value for Houses in Islington is $946,335 while the median value for Units is $768,681.
  • Houses have a median rent of $650 while Units have a median rent of $538.
There are currently 9 properties listed for sale, and 1 property listed for rent in Islington on OnTheHouse. According to CoreLogic's data, 68 properties were sold in the past 12 months in Islington.

Suburb Insights for Islington 2296

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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.