OFF MARKET

3/160 Michael Street
Jesmond NSW 2299

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 66m2
Land area: 854m2
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Property Details for 3/160 Michael St, Jesmond

3/160 Michael St, Jesmond is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1983. The property has a land size of 854m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in November 2014.

Building Type
Unit
Year Built
1983
Floor Size
66m2
Land Size
854m2
Local Government
Newcastle
Lot/Plan
3/SP40588

Last Listing description (July 2017)

In a highly convenient cul-de-sac position a stroll from the University of Newcastle and moments from Callaghan College and Stockland Jesmond, this freshly updated and stylishly presented apartment offers low maintenance, modern living and presents as a ready-made investment with a happy tenant on lease until March 2015.

The open plan interiors are filled with northeasterly sunshine and feature neutral dcor, glossy floor tiles and easy flow to a wide entertaining balcony capturing suburb and mountain views. The modern white kitchen is equipped with electric cooking and quality Fisher & Paykel appliances and there is a full bathroom and separate laundry. Two bedrooms are generous in size, one is appointed with a built-in robe and there is off-street parking for one vehicle.


Positioned on the first floor in a friendly complex of only seven apartments, it's currently returning $320 per week.

Features

* Bright open plan living with neutral dcor and high gloss tiled floors
* Modern white kitchen equipped with electric cooking and appliance cupboard
* Two generously proportioned bedrooms fitted with ceiling fans; built-in to one
* Contemporary bright bathroom with bath and shower; separate laundry
* Easy access to Stockland Jesmond shopping centre and the university
* Leased until March '15 with happy tenant keen to stay; returning $320 per week

Property History for 3/160 Michael St, Jesmond, NSW 2299

A timeline of how this property has performed in the market
Last Sold
$272,000
28 Nov 2014
  • 28 Nov 2014
    Sold for $272,000
  • 16 Oct 2014
    Listed for Sale GUIDE OFFERS OVER $250,000
  • 09 Mar 2006
    Sold for $176,000
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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.

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.