OFF MARKET

55 Steel Street
Jesmond NSW 2299

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 112m2
Land area: 555m2
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Last updated 16 Dec 2024
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Property Details for 55 Steel St, Jesmond

55 Steel St, Jesmond is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 555m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
House
Floor Size
112m2
Land Size
555m2
Local Government
Newcastle
Lot/Plan
1/DP19955

Last Listing description (September 2021)

Featuring a recently updated kitchen, this is the perfect first home with plenty of opportunity for future renovations and extensions (subject to council approval).

The owners bought this property for its central location. Just a five-minute drive to John Hunter Hospital, fifteen minutes to the beach, and a ten-minute drive to Westfield Kotara, the home certainly ticks all the boxes.

Transport is close by on Fifth St taking you to town, and it is within walking distance to the local shopping precinct at Jesmond. The home is also nestled between two Primary Schools, Callaghan Campus for years 11 and 12, and Newcastle University is within walking distance.

The corner block also has potential for a granny flat or redevelopment (subject to council approval).

This type of property is seldom available so call us today on 02 4958 8555 to book your inspection.

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Property History for 55 Steel St, Jesmond, NSW 2299

A timeline of how this property has performed in the market
Last Sold
$668,000
20 Aug 2021
Listed for Rent
$470/w
16 Dec 2019
  • 20 Aug 2021
    Sold for $668,000
  • 13 Aug 2021
    Listed for Sale $665,000.00
  • 16 Dec 2019
    Listed for Rent $470 / 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 1,576 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.

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