OFF MARKET

38 Fern Street
Islington NSW 2296

Bedrooms: -
Bathrooms: -
Car spaces: 4
Land area: 496m2
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Last updated 14 Oct 2024
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Property Details for 38 Fern St, Islington

38 Fern St, Islington is a 0 bedroom, 0 bathroom House with 4 parking spaces. The property has a land size of 496m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
House
Land Size
496m2
Local Government
Newcastle
Lot/Plan
2/DP783782

Last Listing description (March 2019)

370m2 free standing industrial building sitting on a double, 468m2 Torrens title lot.
The property is located on the highly sought-after CBD fringe, a short stroll from the cosmopolitan hub of Hamilton s Beaumont street, home to restaurants, cafes, pubs & financial & medical services. Close to bus, train and light rail.
Existing lease to long standing tenant at $43,903pa Net expires November 2019

Also available is neighbouring 34 Fern Street which is comprised of a 3 bedroom cottage on a 234m2 parcel of land currently leased to Settlement Services International.
Together, the combined sites with the Mixed Use zoning provide a wide variety of commercial or residential uses or development opportunities.

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Property History for 38 Fern St, Islington, NSW 2296

A timeline of how this property has performed in the market
Last Sold
$1,100,000
02 Jun 2021
  • 02 Jun 2021
    Sold for $1,100,000
  • 24 Oct 2018
    Listed for Sale $1,095,000
  • 06 May 1998
    Sold for $200,000
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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 1,337 properties. Over the last 5 years, Houses in Islington have seen a 68.58% increase in median value, while Units have seen a 35.18% increase. As at 30 September 2024:

  • The median value for Houses in Islington is $956,258 while the median value for Units is $787,387.
  • Houses have a median rent of $650 while Units have a median rent of $555.
There are currently 11 properties listed for sale, and no properties listed for rent in Islington on OnTheHouse. According to CoreLogic's data, 65 properties were sold in the past 12 months in Islington.

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