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Sold on 12 Mar 2024 - Price Unavailable

25/1 Ken Tubman Drive
Maitland NSW 2320

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 25/1 Ken Tubman Dr, Maitland

25/1 Ken Tubman Dr, Maitland is a 1 bedroom, 1 bathroom Studio with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Studio sold in Maitland in the last 12 months.

Building Type
Studio

Last Listing description (March 2024)

This fantastic opportunity for a set-and-forget investment is located in the heart of Maitland. Quest Apartments Maitland is located approximately 36 minutes from the Newcastle Airport. Conveniently positioned in Maitland's CBD, just a short stroll to Maitland's Main shopping and business precinct, a variety of cafes and restaurants, as well as the Art Gallery and Cinema being close by.
The spacious single level, first floor one bedroom apartment features open plan living with balcony off both the living and bedroom areas. The master suite is home to king sized bed and the apartment is fully furnished . The stunning bathroom has recently had a complete renovation and also provides laundry facilities for your convenience. The apartment has a full kitchen complete with dishwasher, oven, cooktop and fridge. Airconditioned for year round comfort and completing the package is an open car space in the carpark provided.
A long term investment currently leased until 2027 with 4% increase each consecutive year.

Current rent $1692.16PM ($390pw) or $20,305.92PA
Rent increases from April 2024 to $1759.85PM ($406.12pw) or $21,118.24
Rent increases from April 2025 to $1830.24PM ($422.34pw) or $21962.96
Rent increases from April 2026 to $1903.45PM ($439.25pw) or $22841.48

Simply invest and reap the rewards of a great location and a low-maintenance investment. Call Sharon or Katherine for more details and to arrange your private inspection.

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Property History for 25/1 Ken Tubman Dr, Maitland, NSW 2320

A timeline of how this property has performed in the market
Last Sold
12 Mar 2024
  • 12 Mar 2024
    Sold for $300,000
  • 05 Dec 2023
    Listed for Sale $310,000
  • 20 Nov 2013
    Sold for $250,000

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About Maitland 2320

The size of Maitland is approximately 5.5 square kilometres. It has 7 parks covering nearly 13.4% of total area. The population of Maitland in 2011 was 1,833 people. By 2016 the population was 1,857 showing a population growth of 1.3% in the area during that time. The predominant age group in Maitland is 40-49 years. Households in Maitland are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Maitland work in a professional occupation. In 2011, 60% of the homes in Maitland were owner-occupied compared with 58.3% in 2016.

Maitland has 1,771 properties. Over the last 5 years, Houses in Maitland have seen a 62.55% increase in median value, while Units have seen a 61.89% increase. As at 31 January 2025:

  • The median value for Houses in Maitland is $622,900 while the median value for Units is $481,330.
  • Houses have a median rent of $518 while Units have a median rent of $470.
There are currently 3 properties listed for sale, and 5 properties listed for rent in Maitland on OnTheHouse. According to CoreLogic's data, 97 properties were sold in the past 12 months in Maitland.

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Sharon Skelton
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Katherine Taranto
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Ray White Maitland
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