OFF MARKET

21/183 Michael Street
Jesmond NSW 2299

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 64m2
Land area: 3988m2
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Property Details for 21/183 Michael St, Jesmond

21/183 Michael St, Jesmond is a 2 bedroom, 1 bathroom Unit with 1 parking spaces 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 June 2015.

Building Type
Unit
Year Built
2010
Floor Size
64m2
Land Size
3988m2
Local Government
Newcastle
Lot/Plan
21/SP83939

Last Listing description (June 2016)

Modern fully furnished top 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 access to the generous kitchen complete with gas cook top and dishwasher. The living areas open to two separate verandahs on both sides of the unit. Modern 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. This low maintenance unit is positioned in a convenient location which would make an ideal investment with excellent gross rental returns of $480 per week being achieved.
This unit makes for an ideal investment or easy maintenance home within walking distance to Newcastle University, Stockland Jesmond shopping centre and public transport.

Property History for 21/183 Michael St, Jesmond, NSW 2299

A timeline of how this property has performed in the market
Last Sold
$342,000
04 Jun 2015
  • 04 Jun 2015
    Sold for $342,000
  • 24 Apr 2015
    Listed for Sale $339,900
  • 14 Feb 2012
    Sold for $325,000
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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 1,576 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.

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