OFF MARKET

6/154 Michael Street
Jesmond NSW 2299

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 863m2
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Property Details for 6/154 Michael St, Jesmond

6/154 Michael St, Jesmond is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 863m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Unit
Year Built
1970
Floor Size
58m2
Land Size
863m2
Local Government
Newcastle
Lot/Plan
6/SP4782

Last Listing description (November 2022)

This well designed one bedroom, first floor unit is positioned just 500 metres from Jesmond shopping precinct with its public transport and services & 900 metres from Newcastle university.

A generous single bedroom offers northwest views through large corner windows.

The light filled living area is open plan and includes lounge with dining. There is direct access to a comfortable sized, covered balcony with an easterly aspect. Modern kitchen facilities include gas cooking, dedicated fridge space and plentiful cupboard and bench area.

In the spacious combined bathroom/laundry you will find a separate shower, vanity and W.C as well as washing machine fittings.

A great starting point for a first home buyer or investment in an area that has a high rental demand.

Designated parking with an undercover carport is included for this unit.

For more information contact Allen Reece on 0409 814 400 or speak to the sales department on 4950 2025.

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Property History for 6/154 Michael St, Jesmond, NSW 2299

A timeline of how this property has performed in the market
Last Sold
$355,000
26 Oct 2022
Listed for Rent
$320/w
29 Jul 2021
  • 26 Oct 2022
    Sold for $355,000
  • 24 Aug 2022
    Listed for Sale $350,000 to $370,000
  • 21 Jul 2021
    Listed for Rent $320 / 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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