OFF MARKET

59 Power Street
Islington NSW 2296

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 126m2
Land area: 362m2
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Last updated 11 Nov 2024
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Property Details for 59 Power St, Islington

59 Power St, Islington is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1930. The property has a land size of 362m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
House
Year Built
1930
Floor Size
126m2
Land Size
362m2
Local Government
Newcastle
Lot/Plan
C/DP404027

Last Listing description (August 2023)

This three bedroom weatherboard cottage positioned on a 379sqm block on the fringe of Islington Park retains much of its character appeal and is situated a short walk to vibrant Beaumont Street - it's a great entry into the Islington market place. Neatly presented and perfectly livable as is, it offers superb scope for restoration or renovation for a contemporary lifestyle.

Featuring 10ft ceilings, timber lining boards and timber floors the home opens to reveal two bedrooms with ceiling fans and the master with built-in robe. There is also a third smaller bedroom off the living area. The lounge and dining room features air-conditioning and extends to the original kitchen and bathroom and the external laundry plus a second w/c. Outdoors there is a paved courtyard with covered entertaining area and council approved kennels for up to six dogs. A single garage plus driveway parking complete the home.

Located at the end of a no-through road, footsteps to Islington Park.

* Three bedroom weatherboard cottage footsteps to Islington Park
* Quiet and friendly locale a short walk to Beaumont Street
* Perfectly livable or opportunities to renovate or restore
* Lounge, dinning and original kitchen and bathroom
* Appealing outdoor area with covered entertaining and six dog kennels

***** Friendly Auction (Pest and Building) *****

FRIENDLY AUCTION SYSTEM-

This property is being sold under the revolutionary Friendly Auction System.
-An independent pest & building report is available on request at no charge to you (this is the type of report your solicitor would usually recommend purchasing before bidding at an auction of making making an unconditional offer prior to auction and are conducted by a panel of reputable companies. The companies have consented to friendly auction terms and will generally be happy to speak to you about any questions in reports and in most cases transfer the reports into your name if you are the successful buyer at auction or prior to auction, see each report for details).
-Flexible deposit and settlement conditions are also available by negotiation with the agent if required.
-Offers can also be made prior to auction and each offer will be assessed on it's merits.

Bid and buy with confidence in this consumer driven, transparent auction system that was pioneered here in Newcastle but is now in use across Australia.
We also have a downloadable guide available at www.prdnewcastle.com.au

Property History for 59 Power St, Islington, NSW 2296

A timeline of how this property has performed in the market
Last Sold
$1,615,000
06 May 2022
  • 11 Aug 2023
    Listed for Sale Not Disclosed
  • 06 May 2022
    Sold for $1,615,000
  • 18 Apr 2022
    Listed for Sale Under Contract
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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 10 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.