SOLD
RECENT ADVICE
Sold on 13 Feb 2024 for $445,000

5/3 Shereline Avenue
Jesmond NSW 2299

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 5/3 Shereline Ave, Jesmond

5/3 Shereline Ave, Jesmond is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Jesmond in the last 12 months.

Building Type
Unit
Local Government
Newcastle
Lot/Plan
5/SP7283

Last Listing description (February 2024)

Positioned for absolute lifestyle convenience in one of Newcastle's best-connected suburbs, this front two-bedroom apartment delivers a low-maintenance living experience within a walk-to-everywhere location. Freshly presented throughout with modern engineered flooring in the open plan living area and boasting a relaxed style, it showcases bright, airy rooms complemented by a spick-and-span gas kitchen and neat bathroom. A covered car space on title and split-system air-conditioning increase the comfort level while a large balcony with a district view provides a welcoming outdoor retreat in this neat and sweet lock-and-leave opportunity.

* Reap the benefits of living where you can walk to shopping and essential services

* Interiors finished in fresh neutral tones with updated flooring in living zone
* Neat-as-a-pin gas kitchen; generous and tidy bathroom with laundry facilities
* Two light and airy bedrooms with built-in robes, including a good-sized main
* Glass sliding door from the living zone out to a large and inviting balcony
* Split-system AC is backed up by cooling ceiling fans throughout
* Well-kept and small complex with a single carport on title
* Stroll to Jesmond Central and public transport, 1300m to the University

Council Rates: $1,496 PA approx
Water Rates: $1,012 + Usage PA approx
Strata Levies: $1,012 Per Quarter approx
Rental Potential: $450 PW approx

Property History for 5/3 Shereline Ave, Jesmond, NSW 2299

A timeline of how this property has performed in the market
Last Sold
$445,000
13 Feb 2024
Listed for Rent
$350/w
31 Aug 2015
  • 13 Feb 2024
    Sold for $445,000
  • 05 Feb 2024
    Listed for Sale $445,000
  • 08 Dec 2020
    Sold for $311,000
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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 1,544 properties. Over the last 5 years, Houses in Jesmond have seen a 67.57% increase in median value, while Units have seen a 43.86% increase. As at 31 October 2024:

  • The median value for Houses in Jesmond is $724,410 while the median value for Units is $476,712.
  • Houses have a median rent of $480 while Units have a median rent of $493.
There are currently 5 properties listed for sale, and 5 properties listed for rent in Jesmond on OnTheHouse. According to CoreLogic's data, 69 properties were sold in the past 12 months in Jesmond.

Suburb Insights for Jesmond 2299

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Contact agent
John Kerr
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DALTON PARTNERS - The Junction
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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.