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Sold on 14 Dec 2023 for $1,700,000

16 Robert Street
Jesmond NSW 2299

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4723m2
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Property Details for 16 Robert St, Jesmond

Building Type
Land
Land Size
4723m2
Local Government
Newcastle
Lot/Plan
2/DP529602

Last Listing description (December 2023)

Embark on your next building project at 16 Robert Street, Jesmond – a sprawling 1.1-acre landholding. This prime parcel of land comes DA approved for the construction of 12 contemporary townhouses, each boasting three bedrooms, two bathrooms, and a single garage. Say goodbye to the hassles of navigating council approvals and land clearance. Your dream development is ready and waiting – just assemble your team and start reaping the rewards.

Jesmond offers more than just a promising site. Nestled in the heart of this vibrant suburb is a bustling Stockland shopping centre, home to Woolworths, ALDI, Big W, and an array of 60+ stores. The University of Newcastle is a mere 2km away, and John Hunter Hospital just 3.5km, ensuring your development is strategically positioned for success.

Centrally located, Jesmond is just 7km from Newcastle CBD, with easy access to the M1 and Hunter Expressway just 10km away. The suburb is equipped with both public and high schools, making it an ideal haven for students and families alike. Picture-perfect Jesmond Park adds a touch of natural beauty to the surroundings, making this area equally appealing to busy couples and medical professionals.

- Approx. 4723sqm block DA approved to build 12 x 3 bedroom, 2 bathroom townhomes
- CC has commenced with minor and major works completed
- Central location moments to University of Newcastle and John Hunter Hospital
- Moments to Newcastle city bypass and link roads into and out of the city

For further information or to view architect plans contact Thomas or Ben.

Property History for 16 Robert St, Jesmond, NSW 2299

A timeline of how this property has performed in the market
Last Sold
$1,700,000
14 Dec 2023
  • 09 Jan 2024
    Sold for $1
  • 14 Dec 2023
    Sold for $1,700,000
  • 26 Nov 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 1,573 properties. Over the last 5 years, Houses in Jesmond have seen a 77.03% increase in median value, while Units have seen a 60.17% increase. As at 31 July 2024:

  • The median value for Houses in Jesmond is $740,041 while the median value for Units is $494,532.
  • Houses have a median rent of $520 while Units have a median rent of $490.
There are currently 4 properties listed for sale, and 5 properties listed for rent in Jesmond on OnTheHouse. According to CoreLogic's data, 76 properties were sold in the past 12 months in Jesmond.

Suburb Insights for Jesmond 2299

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Contact agent
Thomas Hook
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Ben Jarvis
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Walkom Real Estate
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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.