OFF MARKET

5/240 Newcastle Road
Jesmond NSW 2299

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 106m2
Land area: 1081m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 16 Dec 2024
Low

High
Save

Property Details for 5/240 Newcastle Rd, Jesmond

5/240 Newcastle Rd, Jesmond is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 1081m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in November 2017.

Building Type
Unit
Year Built
2014
Floor Size
106m2
Land Size
1081m2
Local Government
Newcastle
Lot/Plan
5/SP90816

Last Listing description (February 2023)

A stylish step on the property ladder for first homebuyers and property investors alike, this two year old townhouse is set back from the street on a service road offering direct access to the pedestrian walkway to Jesmond shopping centre and the University of Newcastle. Quality built by Hunter Coast Homes, the fresh and vibrant residence delights with its contemporary edge and easycare nature.

Interiors are illuminated and inviting with a crisp neutral colour palette and low maintenance tiled floors. The free-flowing living and dining domain is both spacious and private connecting to a rear courtyard. A gas cooktop and stainless-steel dishwasher ensure the kitchen has a modern feel and caters effortlessly to every day cooking. A full-size laundry includes a handy second w/c. Three robed bedrooms and the family bathroom with separate w/c share the privacy of the upper level. Completing this compelling package is reverse cycle A/C and a single garage with internal access.

Located just nine kilometres from Newcastle CBD but surrounded by parks, bike tracks, shopping, transport and schools, the suburb of Jesmond blends a lifestyle of recreation and convenience with unbeatable connectivity.

- As new dual level townhome in boutique block of just six residences
- Offers approximately 141sqm of internal living space
- LED lighting throughout; air-conditioning to living domain
- All three bedrooms are appointed with built-in robes and ceiling fans
- Readymade investment currently returning $500 per week
- 500m stroll to Stockland Jesmond and less than five minutes drive to the university
- Momentary access to city buses and the John Hunter Hospital

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 5/240 Newcastle Rd, Jesmond, NSW 2299

A timeline of how this property has performed in the market
Last Sold
$475,000
02 Nov 2017
Listed for Rent
$523/w
30 Sep 2021
  • 07 Nov 2022
    Listed for Sale Price Guide $460,000 - $490,000
  • 30 Sep 2021
    Listed for Rent $525 / week
  • 26 Aug 2019
    Listed for Rent $475 / week
Sign in to see more transactions

Commute Calculator

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

Market Insights
Jesmond Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Jesmond Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.