OFF MARKET

4/240 Newcastle Road
Jesmond NSW 2299

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 116m2
Land area: 1081m2
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Property Details for 4/240 Newcastle Rd, Jesmond

4/240 Newcastle Rd, Jesmond is a 3 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2014. The property has a land size of 1081m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Townhouse
Year Built
2014
Floor Size
116m2
Land Size
1081m2
Local Government
Newcastle
Lot/Plan
4/SP90816

Last Listing description (December 2021)

*Covid compliant open home. Please contact the below agent to book your COVID Compliant inspection.

This dual-level brick townhouse presents a fantastic opportunity for first homeowners or investors. Ideally located in the middle of an appealing complex of 6, and set back from the main street on a no-through service road, you are just a short walk to Jesmond Central or Jesmond Park and playground.

Air-conditioned open plan living and dining greets you on the ground floor, with a cosy kitchen offering stainless steel appliances and modern tiled splash back and a rear courtyard providing private alfresco space. The practical layout also features a full-sized laundry with handy guest toilet and internal access to the secure single garage, and low-maintenance tiled flooring. The 3 carpeted bedrooms are upstairs, all with ceiling fans and built-in robes, along with the main bathroom complete with bathtub, often a luxury in townhouse living, and separate powder room.

With bike track and footpath providing direct access to the nearby shops, you are also under 20-minute walk or 5-minute drive to the uni, making this a lucrative investment opportunity. There are numerous parks for outdoor play and a number of great nearby schools. Plus, you are just 15 minutes from Newcastle CBD and have easy access to public transport and the arterial roads to Sydney or Hunter Valley.

-Ideal first home or investment
- 3 bedrooms with ceiling fan & built-in
-Kitchen with stainless steel dishwasher and gas cooktop
- Private courtyard
- Bathroom with tub and separate powder room
- Internal laundry with guest toilet
- Air conditioning
- Single lock-up garage with internal access
- Walk to Jesmond Central and Jesmond Park, 5min drive to the Uni or 15mins to Newcastle CBD and beaches

*Agent declares interest

***Health & Safety Measures are in Place for Open Homes & All Private Inspections
***All inspection attendees will have to answer a health and safety survey to qualify for the inspection of the property

Disclaimer:
All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Some of our properties are marketed from time to time without price guide at the vendors request. This website may have filtered the property into a price bracket for website functionality purposes. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing.

Property History for 4/240 Newcastle Rd, Jesmond, NSW 2299

A timeline of how this property has performed in the market
Last Sold
$622,500
05 Nov 2021
  • 06 Dec 2021
    Listed for Sale Price guide on request
  • 05 Nov 2021
    Sold for $622,500
  • 03 Feb 2014
    Sold for $410,000
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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.