SOLD
RECENT ADVICE
Sold on 15 Mar 2024 - Price Unavailable

97 Blue Gum Road
Jesmond NSW 2299

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Land area: 315m2
Save

Property Details for 97 Blue Gum Rd, Jesmond

97 Blue Gum Rd, Jesmond is a 4 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 315m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 4 bedroom House sold in Jesmond in the last 12 months.

Building Type
House
Land Size
315m2
Local Government
Newcastle
Lot/Plan
61/DP1147461

Last Listing description (March 2024)

Neat, low maintenance four bedroom, two bathroom home in prime location just minutes walk to Newcastle University and Jesmond Shopping centre. Offering desirable features including reverse cycle air conditioning and ceiling fans throughout, this property is currently fully leased and returning $720 per week.

On either side of the front entry hall are doors to the two spacious front bedrooms, both with reverse cycle air conditioning and ceiling fans. Continue through the hall to a dining/living space and contemporary kitchen, also with reverse cycle air conditioning. Off this area you access bedrooms three and four, both with ceiling fans, as well as the first bathroom with shower, vanity and toilet.

At the rear of the house is another living room with an adjoining second bathroom/wc/laundry.

Solar panels assist with outgoings and there is off street parking for one however proximity to University, shops, services & public transport removes any necessity for a car. Ready for the astute investor to capitalize on the growth of the University. Coupled with continued maintenance, this corner block dwelling in a high student traffic area offers exposure that will guarantee good returns.

For further details contact Allen Reece on 0409 814 400 or email sales@reecerealty.com.au.

Property History for 97 Blue Gum Rd, Jesmond, NSW 2299

A timeline of how this property has performed in the market
Last Sold
15 Mar 2024
Listed for Rent
$160/w
18 Sep 2019
  • 15 Mar 2024
    Sold for $665,000
  • 01 Feb 2024
    Listed for Sale SOLD $665,000
  • 18 Sep 2019
    Listed for Rent $160 / week
Sign in to see more transactions

Commute Calculator

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 1,544 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.
There are currently 5 properties listed for sale, and 5 properties listed for rent in Jesmond on OnTheHouse. According to CoreLogic's data, 67 properties were sold in the past 12 months in Jesmond.

Suburb Insights for Jesmond 2299

Market Insights
Jesmond Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Jesmond Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
Allen Reece
Show contact details
ReeceRealty - Newcastle
Preferred contact:
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.