20/183 Michael StreetJesmond NSW 2299
Property Details for 20/183 Michael St, Jesmond
20/183 Michael St, Jesmond is a 2 bedroom, 1 bathroom Unit and was built in 2010. The property has a land size of 3988m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Jesmond in the last 12 months.
Last Listing description (September 2024)
Modern, fully furnished second floor two bedroom unit with easy access to all services and facilities.
Open plan design, double sized bedrooms with built in robes, lounge and dining areas are light and airy with reverse cycle air conditioning and two balconies.
Galley style kitchen complete with gas cook top and dishwasher. Generous bathroom and internal European style laundry including washing machine & dryer.
The unit offers off-street parking and there is also visitor parking available at the complex. Low maintenance and positioned in a convenient location a short walk to shopping, public transport, Newcastle University and services, this is an ideal investment with excellent rental potential of approximately $500 per week.
For further details contact Allen Reece on 0409 814 400 or email sales@reecerealty.com.au
Property History for 20/183 Michael St, Jesmond, NSW 2299
- 07 Aug 2024Sold for $470,000
- 28 Jun 2024Listed for Sale SOLD $470,000
- 29 Jun 2010Sold for $325,000
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0About 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 1,543 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.
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