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Sold on 19 Apr 2024 for $750,000

112 Michael Street
Jesmond NSW 2299

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 271m2
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Property Details for 112 Michael St, Jesmond

112 Michael St, Jesmond is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1920. The property has a land size of 271m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Jesmond in the last 12 months.

Building Type
House
Year Built
1920
Land Size
271m2
Local Government
Newcastle
Lot/Plan
70/DP1013723

Last Listing description (April 2024)

Whether you are in pursuit of an idyllic residence a short stroll from your favorite morning café and a diverse array of evening dining options, or an investment opportunity promising considerable returns, this superior quality home adeptly caters to your discerning lifestyle or investment aspirations, offering unparalleled value amidst the dynamic pace of the current real estate market.

Constructed in 1920 with durable double-brick, 112 Michael Street is a testament to enduring craftsmanship, seamlessly integrating its original character with contemporary updates for modern living. This home showcases three generously sized bedrooms including a standout with an exquisite fireplace, complemented by an air-conditioned living area, and a contemporary kitchen and bathroom. Its delightful, efficient design is both charming for occupants and attractive for investors. Positioned on an easily maintained lot oriented north-to-rear, it promises minimal upkeep for busy professionals or retirees seeking a convenient, well-situated home.

Its prime location is truly exceptional. Situated less than 1km from Jesmond Central, Jesmond Fruit Barn, the University, city-bound bus services, and a variety of dining options, the necessity for a vehicle is virtually eliminated. Additionally, its proximity to major arterials allows for easy access to the Hunter Valley, Sydney, and the Central Coast, perfect for leisurely excursions.

- Architectural allure is evident in its double-brick facade, enhanced by verdant surroundings.
- A charming front veranda offers a tranquil spot for evening relaxation with a scenic view.
- The welcoming living area features lofty 11-foot ceilings, traditional double-hung windows, and modern split-system air conditioning.
- A spacious kitchen boasts ample storage and preparation spaces, equipped with a stainless steel oven and gas cooktop, and dishwasher.
- Includes three spacious bedrooms, each outfitted with ceiling fans; two feature extensive built-in robes.
- One bedroom presents a magnificent fireplace, while another offers direct access to the outdoors.
- A meticulously maintained bathroom includes a shower-over-bath arrangement, benefiting from plentiful natural light.
- Flooring throughout combines tiles, carpet, and engineered timber for a varied yet cohesive aesthetic.
- Paved side access leads to a rear, covered alfresco area designed for outdoor enjoyment.

Disclaimer:
We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.

Property History for 112 Michael St, Jesmond, NSW 2299

A timeline of how this property has performed in the market
Last Sold
$750,000
19 Apr 2024
Listed for Rent
$520/w
17 Feb 2023
  • 19 Apr 2024
    Sold for $750,000
  • 28 Mar 2024
    Listed for Sale $675,000 - $742,500
  • 13 Feb 2023
    Listed for Rent $520 / week
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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.

Suburb Insights for Jesmond 2299

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Jeremy Allwood
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Kate Spencer
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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.