76 Michael StreetJesmond NSW 2299
Property Details for 76 Michael St, Jesmond
76 Michael St, Jesmond is a 5 bedroom, 2 bathroom House and was built in 1968. The property has a land size of 447m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in March 2016.
Last Listing description (June 2024)
Astute investors, look no further! Welcome to an unparalleled opportunity boasting 5 bedrooms, nestled in the heart of Jesmond - a coveted location for discerning buyers. Whether you're seeking a lucrative investment or a spacious home for your family, this property ticks all the boxes.
Features to love about this property include:
- 2 bathrooms, with a separate toilet
- All bedrooms have air conditioning and are individually metered
- Timber floorboards
- Modern kitchen and bathrooms
- Plenty of scope for personal renovations
- Room for carport or garage (subject to council approval)
- Perfect for investors or families needing ample space in a convenient suburb
- Close proximity to Newcastle University, John Hunter Hospital and Stockland Jesmond.
This is a perfect first-time investment property for those new to market or another great addition to an existing portfolio.
Call us on 02 4958 8555, 7 days to book an inspection.
Property History for 76 Michael St, Jesmond, NSW 2299
- 22 Apr 2024Listed for Sale $850,000 - $920,000
- 02 Mar 2020Listed for Rent $500 / week
- 08 Aug 2016Listed for Rent - Price not available
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0About 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 1,543 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.
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