40 Bourke St, Maitland is a 4 bedroom, 4 bathroom House with 4 parking spaces and was built in 1851. The property has a land size of 1137m2. While the property is not currently for sale or for rent, it was last sold in July 2016.
MAITLAND GEORGIAN GRANDEUR FREE COFFEE THIS SATURDAY
KOREELAH HOUSE circa 1851
A much admired and significant Bourke Street property, Koreelah House is sited on a prime, level, double block of land totaling 1172sqm with rear lane access. The grand residence although currently being used as 4 residential flats, retains many original features and would revert to a grand residential abode should the purchaser so desire to take on a very rewarding project to return this elegant home to its former glory. With sweeping cedar stair rail, cedar timber doors, architrave and fire surrounds as well as a marble fire surround. Many of the grand rooms are still intact with the home still allowing one to imagine the lifestyle of those past custodians. The property boasts a colourful early history with Henry Adams (Licensee of Black Horse Inn) residing for approx.. 10 years. Now genuinely offered to the market awaiting a new custodian. The current rental return for all 4 residential flats is $790 per week.
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 1,722 properties. Over the last 5 years, Houses in Maitland have seen a 60.07% increase in median value, while Units have seen a 66.13% increase. As at 31 October 2024:
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