FOR SALE

6 Forrest Street
Jesmond NSW 2299

Bedrooms: 6
Bathrooms: 3
Car spaces: 5
Floor area: 88m2
Land area: 541m2
This property is currently on the market
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Property Details for 6 Forrest St, Jesmond

6 Forrest St, Jesmond is a 6 bedroom, 3 bathroom House with 5 parking spaces and was built in 1960. The property has a land size of 541m2 and floor size of 88m2.This Property is currently listed for sale with Dotcom Property Sales

Building Type
House
Year Built
1960
Floor Size
88m2
Land Size
541m2
Local Government
Newcastle
Lot/Plan
3/DP156404

Last Listing description (September 2024)

Two houses on a large block of approx 531m2. Located only 2 km to University of Newcastle Callaghan Campus, 650 metres to Jesmond Central Shopping, and 6 km to John Hunter Hospital.

Original House - owner occupied, 3 bedrooms, 2 bathrooms, new eat-in kitchen, separate formal living room, off street parking for 1 vehicle. Potential income $620 pw

Granny flat - Weatherboard & Iron construction, 3 bedrooms, 1 bathroom, off street parking for 4 vehicles. Current income $520pw. Lease expires 29 November 2024.


Land Description: Lot 3 DP 156404
Land content: Approx. 531m2
Zoning: R3 Medium Density Residential
Council Rates: $503.08 per quarter
Potential Income: $59,280 pa (both dwellings)

Property History for 6 Forrest St, Jesmond, NSW 2299

A timeline of how this property has performed in the market
Last Sold
$515,000
23 Oct 2019
Listed for Rent
$410/w
28 Jun 2019
  • 16 Sep 2024
    Listed for Sale Sale by Expressions of Interest
  • 23 Oct 2019
    Sold for $515,000
  • 18 Jun 2019
    Listed for Rent - Price not available
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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 1,577 properties. Over the last 5 years, Houses in Jesmond have seen a 76.91% increase in median value, while Units have seen a 57.30% increase. As at 31 August 2024:

  • The median value for Houses in Jesmond is $742,170 while the median value for Units is $490,699.
  • Houses have a median rent of $463 while Units have a median rent of $493.
There are currently 7 properties listed for sale, and 4 properties listed for rent in Jesmond on OnTheHouse. According to CoreLogic's data, 71 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.