58 Power StreetIslington NSW 2296
Property Details for 58 Power St, Islington
58 Power St, Islington is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1915. The property has a land size of 232m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in December 2020.
Last Listing description (January 2021)
This home provides an amazing opportunity to purchase a property just a short stroll to eclectic Maitland Road and the buzzing dining and entertainment options of Beaumont Street.
Nestled away in a quiet street that borders Islington Park, this property is a renovators absolute dream and ready to be restored back to its true nature, or you could potentially knock down and build your dream home (subject to council approval).
The home boasts 2 large bedrooms, living room, generous kitchen and dining area, and bathroom and laundry at the rear of the property. Garaging under the home for 2 cars end to end and plenty of storage. Prepare to get your hands dirty, but reap the rewards!
Close to several well-regarded schools (Islington Public School and Callaghan College Waratah Campus), Islington Park and Playground (100m), The Newcastle Hotel (150m), Throsby Creek (200m), Tighes Hill Dog Park (700m), TAFE Newcastle (900m), shopping centres and nearby cafes, while being an easy drive from Newcastle's CBD.
The features of this home are as follows:
- 2 Bedrooms
- Large Kitchen & Dining Area
- Bathroom
- Living Room
- Laundry
- Double Garage (end to end) plus Storage
- Block slopes gently to the street
- Close to Shops, Schools and Transport
- 223msq block
The site is zoned R3 Medium Density Residential.
Currently tenanted for $330 per week.
A copy of the contract for sale is available for your information.
Property History for 58 Power St, Islington, NSW 2296
- 11 Dec 2020Sold for $580,000
- 20 Oct 2020Listed for Sale $520,000 to $560,000
- 08 Oct 2007Sold for $230,000
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0About 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.
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