OFF MARKET

3/3 Ralph Street
Jesmond NSW 2299

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 740m2
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Property Details for 3/3 Ralph St, Jesmond

3/3 Ralph St, Jesmond is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2009. The property has a floor size of 740m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Unit
Year Built
2009
Floor Size
740m2
Local Government
Newcastle
Lot/Plan
3/SP82913

Last Listing description (January 2023)

Calling all savvy investors are you searching for the next perfect place to add to your portfolio? One of just four properties in a boutique and supremely central complex, this charming townhouse represents an enticing opportunity. With a tenant secured until June 2023 and a healthy yield of $450 per week, you can look forward to instant returns.

Presenting with neutral-toned interiors, it features a modern kitchen with a breakfast bar and gas cooking and overlooks the open plan living and dining room. Upstairs hosts two bedrooms with built-in robes, with a tidy bathroom servicing them. An added convenience is the powder room downstairs, plus courtyards await at the front and rear of the townhouse, ready to be used for entertaining or relaxing.

Located in the heart of Jesmond's lively village hub, take advantage of being just 160m from Jesmond Public School and just 4 minutes by car from the University of Newcastle. It's an easy walk to Jesmond Central too, where you can stock up on shopping essentials, plus benefit from easy access to transport, hospitals, and the freeway. Capitalise on this lucrative investment opportunity and look forward to reaping future returns! Arrange an inspection today.

Property Specifications:
- 2 bed, 1.5 bath townhouse in a boutique and supremely central complex
- Savvy investment opportunity leased until June 2023, returning $450 per week
- Neutral-toned interiors throughout

- Modern kitchen with a breakfast bar and gas cooking

- Open plan living and dining room
- Both bedrooms (with built-in robes) and a tidy bathroom await upstairs
- Powder room downstairs
- Courtyards at the front and rear, ready for entertaining or relaxing
- Single garage and a single carport
- Outgoings: Water - $704.88 pa approx. + usage, Council - $1,415.64 pa approx., Strata - $3,525.20 pa approx.
- 160m from Jesmond Public School

- 4 mins drive from the University of Newcastle
- 750m walk to Jesmond Central
- Easy access to public transport, hospitals, and the freeway

(We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations).

Property History for 3/3 Ralph St, Jesmond, NSW 2299

A timeline of how this property has performed in the market
Last Sold
$550,000
26 Oct 2022
Listed for Rent
$380/w
11 Oct 2016
  • 26 Oct 2022
    Sold for $550,000
  • 18 Aug 2022
    Listed for Sale $535,000 - $585,000
  • 20 Sep 2016
    Listed for Rent $380 / 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 1,573 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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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.