SOLD
Sold on 21 May 2024 for $1,300,000

145 Mitchell Avenue
Kurri Kurri NSW 2327

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 5182m2
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Property Details for 145 Mitchell Ave, Kurri Kurri

Building Type
Commercial
Land Size
5182m2
Local Government
Cessnock
Lot/Plan
4/DP586741

Last Listing description (October 2017)

- Positioned approximately 20 minutes from the M1 Motorway and approximately 40 minutes from Newcastle CBD and the
Port of Newcastle.
- Site Area 5,182sqm (approx.)

- Extended 65 metre (approx.) frontage to Mitchell Avenue provides excellent exposure.
- Serviced and ready for development.
- IN3 Heavy Industrial zoning provides flexible development opportunities.
- Lapsed Development Consent for ten Industrial units.
- For Sale by Expressions of Interest.

Property History for 145 Mitchell Ave, Kurri Kurri, NSW 2327

A timeline of how this property has performed in the market
Last Sold
$1,300,000
21 May 2024
  • 16 Aug 2024
    Sold
  • 21 May 2024
    Sold for $1,300,000
  • 27 Jul 2017
    Sold for $550,000
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About Kurri Kurri 2327

The size of Kurri Kurri is approximately 5.2 square kilometres. It has 12 parks covering nearly 8.1% of total area. The population of Kurri Kurri in 2011 was 5,771 people. By 2016 the population was 6,040 showing a population growth of 4.7% in the area during that time. The predominant age group in Kurri Kurri is 20-29 years. Households in Kurri Kurri are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kurri Kurri work in a trades occupation. In 2011, 64.7% of the homes in Kurri Kurri were owner-occupied compared with 62.1% in 2016.

Kurri Kurri has 3,171 properties. Over the last 5 years, Houses in Kurri Kurri have seen a 85.06% increase in median value, while Units have seen a 80.73% increase. As at 30 November 2024:

  • The median value for Houses in Kurri Kurri is $592,255 while the median value for Units is $465,310.
  • Houses have a median rent of $483 while Units have a median rent of $435.
There are currently 16 properties listed for sale, and 9 properties listed for rent in Kurri kurri on OnTheHouse. According to CoreLogic's data, 177 properties were sold in the past 12 months in Kurri kurri.

Suburb Insights for Kurri Kurri 2327

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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.