OFF MARKET

8/3 Shereline Avenue
Jesmond NSW 2299

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
Land area: 92m2
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Last updated 30 Sep 2024
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Property Details for 8/3 Shereline Ave, Jesmond

8/3 Shereline Ave, Jesmond is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 92m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
Unit
Year Built
1970
Floor Size
75m2
Land Size
92m2
Local Government
Newcastle
Lot/Plan
8/SP7283

Last Listing description (December 2020)

This first floor apartment has a balcony with a leafy suburban outlook. There is plenty of natural light throughout, good kitchen and bathroom, internal laundry and a handy storage area. The lounge/dining and Kitchen areas are open plan.
This apartment has:
Balcony off Living to sit and relax,

2 Bedrooms with ceiling fans,
Built-in Wardrobes,
Tiled Bathroom,
Kitchen with Pantry, Fridge Space, Under Bench Cupboards and Wall Cupboards,Gas Stove,
Handy storage area off the kitchen,
Good size internal Laundry off Kitchen,
Open Lounge/Dining with Ceiling Fan,
Under Cover Parking.
Apartment Floor Area including Balcony is approximately 75sqm. Plus under cover parking.
This tidy apartment is handy for the University of Newcastle main Campus, walking distance to transport and shopping only a short drive to either John Hunter or Mater Hospitals and a easy stroll to the lovely Rose Gardens at Jesmond Park where you can also access the nearby Walkway and Cycleway.
The potential rental for this unit in the current market would be $320 p.w.
Strata Fees are currently $3602.76.
Newcastle City Council Rates $1306.87 p.a. currently.
Water Rates $1019.41 p.a. approx.
Contact us anytime to arrange a Private Inspection.

Property History for 8/3 Shereline Ave, Jesmond, NSW 2299

A timeline of how this property has performed in the market
Last Sold
$315,000
23 Oct 2020
Listed for Rent
$300/w
06 Nov 2019
  • 23 Oct 2020
    Sold for $315,000
  • 01 Oct 2020
    Listed for Sale $300,000-$320,000
  • 16 Oct 2019
    Listed for Rent $300 / 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 1,577 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, 72 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.