OFF MARKET

1/127 Michael Street
Jesmond NSW 2299

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 56m2
Land area: 1041m2
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Property Details for 1/127 Michael St, Jesmond

1/127 Michael St, Jesmond is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 1041m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
1972
Floor Size
56m2
Land Size
1041m2
Local Government
Newcastle
Lot/Plan
1/SP6866

Last Listing description (December 2022)

This neat & tidy ground-floor apartment comprises of 1 bedroom with built in robe and large bathroom with its own laundry.

Open living space leads to a personal under cover balcony to take advantage of Northerly aspect.

Conveniently located a short walk to Jesmond Primary School, North Lambton off leash dog area and Jesmond Central shops, everything Jesmond has to offer is right at your doorstep.

- Offers a north aspect bathed in natural light
- Appealing to down sizers & investors
- Personal laundry with shared drying facilities
- Perfect access to front balcony from living
- Conveniently located in quiet back street

Property Information:
Council Rates: $441/qtr

Strata Rates: $550/qtr

Approximate Rent: $300-$330

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Property History for 1/127 Michael St, Jesmond, NSW 2299

A timeline of how this property has performed in the market
Last Sold
$330,000
30 Nov 2022
Listed for Rent
$225/w
20 May 2015
  • 30 Nov 2022
    Sold for $330,000
  • 08 Nov 2022
    Listed for Sale New to market
  • 10 Sep 2020
    Sold for $290,000
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About Jesmond 2299

The size of Jesmond is approximately 1.2 square kilometres. It has 10 parks covering nearly 17.4% of total area. The population of Jesmond in 2011 was 2,607 people. By 2016 the population was 3,055 showing a population growth of 17.2% in the area during that time. The predominant age group in Jesmond is 20-29 years. Households in Jesmond are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Jesmond work in a professional occupation. In 2011, 34.5% of the homes in Jesmond were owner-occupied compared with 29.9% in 2016.

Jesmond has 1,544 properties. Over the last 5 years, Houses in Jesmond have seen a 67.57% increase in median value, while Units have seen a 43.86% increase. As at 31 October 2024:

  • The median value for Houses in Jesmond is $724,410 while the median value for Units is $476,712.
  • Houses have a median rent of $480 while Units have a median rent of $493.
There are currently 4 properties listed for sale, and 8 properties listed for rent in Jesmond on OnTheHouse. According to CoreLogic's data, 66 properties were sold in the past 12 months in Jesmond.

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