SOLD
Sold on 06 Feb 2024 for $350,000

1/230 Newcastle Road
Jesmond NSW 2299

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 59m2
Land area: 3334m2
Sold By
Anthony Di Nardo
Belle Property Lake Macquarie
Brendan Murgatroyd
Belle Property Lake Macquarie
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Property Details for 1/230 Newcastle Rd, Jesmond

1/230 Newcastle Rd, Jesmond is a 1 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 3334m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Unit sold in Jesmond in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
59m2
Land Size
3334m2
Local Government
Newcastle
Lot/Plan
16/SP9765

Last Listing description (October 2024)

Entry to Newcastle Road via Steel Street and Coles Street

A lifestyle of convenience is guaranteed in this one-bedroom unit, where Jesmond Central Shopping Mall, Hotel Jesmond, a choice of eateries and Newcastle University are all at your fingertips. A showcase of relaxed flow, easycare interiors are highlighted by an open-style living domain, a quietly set bedroom, and a modern kitchen and bathroom. Positioned on the ground floor and adjoining parkland to provide a leafy outlook, this affordable retreat includes an undercover car space and ensures all your needs for low-maintenance living are met. Its ultra-convenient setting provides a compelling option for an investor or first-home buyer.

- Light and airy open plan living room with big windows framing a leafy view

- Easy flow into a modernly updated kitchen with park-view and breakfast bar
- Double-sized bedroom with a built-in wardrobe and green outlook
- Fresh shower bathroom with laundry facilities
- Neutral colour palette complemented by new carpet throughout
- Walk to daily essentials and city transport, quick access to link roads
- 15 minutes into Newcastle CBD, city beaches, the harbor and nightlife

Property History for 1/230 Newcastle Rd, Jesmond, NSW 2299

A timeline of how this property has performed in the market
Last Sold
$350,000
06 Feb 2024
Listed for Rent
$300/w
11 Sep 2013
  • 06 Feb 2024
    Sold for $350,000
  • 17 Jan 2024
    Listed for Rent $440 / week
  • 02 Oct 2023
    Listed for Sale Not Disclosed
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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 1,576 properties. Over the last 5 years, Houses in Jesmond have seen a 66.56% increase in median value, while Units have seen a 39.23% increase. As at 30 November 2024:

  • The median value for Houses in Jesmond is $731,842 while the median value for Units is $472,619.
  • Houses have a median rent of $510 while Units have a median rent of $495.
There are currently 7 properties listed for sale, and 6 properties listed for rent in Jesmond on OnTheHouse. According to CoreLogic's data, 66 properties were sold in the past 12 months in Jesmond.

Suburb Insights for Jesmond 2299

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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.