OFF MARKET

79 Wallsend Street
Kahibah NSW 2290

Bedrooms: 5
Bathrooms: 3
Car spaces: 3
Floor area: 240m2
Land area: 1012m2
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Property Details for 79 Wallsend St, Kahibah

79 Wallsend St, Kahibah is a 5 bedroom, 3 bathroom House with 3 parking spaces and was built in 1984. The property has a land size of 1012m2 and floor size of 240m2. While the property is not currently for sale or for rent, it was last sold in February 1999.

Building Type
House
Year Built
1984
Floor Size
240m2
Land Size
1012m2
Local Government
Lake Macquarie
Lot/Plan
51/DP1153068

Last Listing description (February 2022)

One of the best opportunities to hit the market in the Newcastle region is now available. This magnificent five-bedroom, three-bathroom, three-car-garage home is set on a 999m2 block and offers loads of potential to add value and finish the project the owner has already started.

This opportunity has been DA approved for 2 x three-bedroom, two-bathroom, two-car-garage townhouses to be built at the back of the block. The plans have already been drafted.

The five-bedroom brick and tile home offers multiple living areas, a covered entertaining area, and is set at the front of the block in one of Newcastle's best locations. This new to market property gives potential purchasers the opportunity to take advantage of the approved builds and add massive amounts of value to generate a great return. The options that this property offers are endless!

Key features:
Five-bedroom brick and tile home
999m2 flat block
DA Approved for two townhouses to be built and the block to be subdivided
Drafted plans
Great location
Potential for a great return.

Call our office today on 02 4958 8555 to book your inspection.

Guidelines for attending Inspections:
Attendees must be fully vaccinated to enter be ready to show your 'Tick'
Face masks must be worn indoors at all times unless an exemption applies as per Government regulations
A QR Code system (Service NSW App) remains in place and all attendees must check in and out
Density limits will apply depending on individual property sizes
Staff and visitors must continue to physically distance 1.5m at all times when indoors.
Sanitiser stations are provided upon entry for hygiene requirements

Please do not attend if you have travelled overseas, been in contact with someone with COVID-19 or have been showing flu like symptoms (fever, cough, shortness of breath, difficulty breathing etc) during the last 14 x days

Our staff have the right to refuse your entry if you fail to comply with any of the guidelines.
Unvaccinated applicants are welcome to contact our office to register for a virtual tour.

Property History for 79 Wallsend St, Kahibah, NSW 2290

A timeline of how this property has performed in the market
Last Sold
$110,000
11 Feb 1999
  • 29 Oct 2021
    Listed for Sale Price Guide $1,500,000
  • 11 Feb 1999
    Sold for $110,000
  • 22 Aug 1992
    Sold for $230,000

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About Kahibah 2290

The size of Kahibah is approximately 1.1 square kilometres. It has 5 parks covering nearly 16.7% of total area. The population of Kahibah in 2011 was 2,083 people. By 2016 the population was 2,473 showing a population growth of 18.7% in the area during that time. The predominant age group in Kahibah is 0-9 years. Households in Kahibah are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kahibah work in a professional occupation. In 2011, 76.7% of the homes in Kahibah were owner-occupied compared with 75.9% in 2016.

Kahibah has 1,305 properties. Over the last 5 years, Houses in Kahibah have seen a 72.36% increase in median value, while Units have seen a 53.49% increase. As at 31 October 2024:

  • The median value for Houses in Kahibah is $976,845 while the median value for Units is $761,578.
  • Houses have a median rent of $580 while Units have a median rent of $630.
There are currently 4 properties listed for sale, and 1 property listed for rent in Kahibah on OnTheHouse. According to CoreLogic's data, 44 properties were sold in the past 12 months in Kahibah.

Suburb Insights for Kahibah 2290

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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.