OFF MARKET

55 Aberdare Street
Kurri Kurri NSW 2327

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 120m2
Land area: 1490m2
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Last updated 11 Nov 2024
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Property Details for 55 Aberdare St, Kurri Kurri

55 Aberdare St, Kurri Kurri is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1935. The property has a land size of 1490m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in July 2015.

Building Type
House
Year Built
1935
Floor Size
120m2
Land Size
1490m2
Local Government
Cessnock
Lot/Plan
1/DP317696

Last Listing description (November 2022)

Kurri Kurri has experienced rapid change since the opening of the Hunter Expressway in 2014 and the LGA's main urban areas are expected to grow significantly in response to other major infrastructure projects, such as the currently under construction gas plant. By 2036, the district population is projected to increase to approximately 21,000 people, making the area a drawcard for new housing and developments.

With all that in mind, this three-bedroom home is nirvana for builders and property developers offering the chance to quadruple your investment. The bumper 1,473sqm block with second frontage to Saxton Street comes with DA approval for a one-into-two lot sub-division, and the erection of three brand-new freestanding homes or allows a unique opportunity for a NDIS development. (Subject to necessary approvals)
All the hard work of designing plans, and the expense of planning approval has already been done allowing you to simply order your materials and let construction begin.

Kurri Kurri town centre is currently undergoing upgrades with new paths, lighting, street furniture and the planting of street trees. The area offers excellent connectivity to nearby centres of Cessnock, East Maitland and Central Maitland with Newcastle city centre only 40 minutes away and the M1 Pacific Motor Way connection to Sydney.

- 1,473sqm block approx. 100m deep fronting both Aberdare and Saxton Streets
- Classic weatherboard home on site with renovated kitchen and bathroom plus new carport
- DA approved for subdivision and an additional 3 x 3-bed, 1.5 bath brick freestanding homes each with double car garages and common driveway access via Saxton St to the rear
- 500m to high school, 1500m to primary school
- 800m to Aldi, local cafes and services, 1200m to Coles Supermarket
- 300m to local netball courts, 400m to Birralee Park, 3km to Kurri Golf Course
- 1.7km to Hunter Expressway for an easy commute to Newcastle & Upper Hunter

Follow the link to make an offer: https://prop.ps/l/GiYdNW1CSCg9

* This information has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.

Property History for 55 Aberdare St, Kurri Kurri, NSW 2327

A timeline of how this property has performed in the market
Last Sold
$358,000
16 Jul 2015
Listed for Rent
$420/w
30 Jul 2022
  • 21 Jul 2022
    Listed for Rent $420 / week
  • 26 May 2022
    Listed for Sale Price Guide $900,000
  • 10 May 2022
    Listed for Sale Expressions of interest until Wednesday 25/05/22
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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 3,131 properties. Over the last 5 years, Houses in Kurri Kurri have seen a 81.71% increase in median value, while Units have seen a 82.22% increase. As at 31 October 2024:

  • The median value for Houses in Kurri Kurri is $584,973 while the median value for Units is $469,639.
  • Houses have a median rent of $480 while Units have a median rent of $420.
There are currently 19 properties listed for sale, and 12 properties listed for rent in Kurri kurri on OnTheHouse. According to CoreLogic's data, 174 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.