SOLD
Sold on 20 Dec 2023 for $1,075,000

94 New England Highway
Maitland NSW 2320

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
Floor area: 103m2
Land area: 1009m2
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Property Details for 94 New England Hwy, Maitland

94 New England Hwy, Maitland is a 8 bedroom, 4 bathroom House with 4 parking spaces and was built in 1993. The property has a land size of 1009m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 8 bedroom House sold in Maitland in the last 12 months.

Building Type
House
Year Built
1993
Floor Size
103m2
Land Size
1009m2
Local Government
Maitland
Lot/Plan
1/DP943088

Last Listing description (May 2024)

Introducing to the market an opportunity no investor wants to miss. A block of units situated in a location of convenience, ideal for investors, offering a valuable addition to your superfund or portfolio while enjoying a combined return of $1250.00 per week.

Sitting at the heart of the city fringe urban lifestyle supported by surrounding amenities and employment opportunites, this solid investment is advantageously constructed to appeal to tenants seeking a low-maintenance lifestyle within a desirable location.

The four units sit on a single 1009sqm title and each offer two bedrooms and an open plan layout - the design resonates with an air of functionality, featuring a fully equipped kitchen and internal laundry facilities. Within the grounds of the complex, each unit supplies a carport for added convenience and a private porch upon entry.

The fourth unit is free-standing and sits at the rear of the block combining a clad and iron construction, while the remaining front residences offer a brick and tile faade, each regularly updated and maintained to a quality standard adding to its appeal.

Commuting is made easy with the convenience of being 1.8km away from Maitland CBD & The Levee meaning hassle-free travel to the heart of Maitland featuring its many bars, restaurants and specialty stores. Venture into Newcastle utilizing the convenient option of public transport with Telarah Train Station sitting 1.1km from your doorstop.

Lease Details:
- Unit 1, Weekly rent $300, Lease expiry 18/06/2024
- Unit 2, Weekly rent $300, Lease expiry 17/06/2024
- Unit 3, Weekly rent $300, Lease expiry 15/04/2024
- Unit 4, Weekly rent $350, Lease expiry 28/04/2024

Disclaimer: The information herein is collected from sources we trust to be dependable.
However, we cannot guarantee its accuracy, so it is advisable for interested persons to rely on their own enquiries.

Property History for 94 New England Hwy, Maitland, NSW 2320

A timeline of how this property has performed in the market
Last Sold
$1,075,000
20 Dec 2023
Listed for Rent
$200/w
10 Dec 2010
  • 20 Dec 2023
    Sold for $1,075,000
  • 21 Sep 2023
    Listed for Sale $1,150,000
  • 17 Mar 2010
    Listed for Rent $245 / week
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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 1,722 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:

  • The median value for Houses in Maitland is $589,173 while the median value for Units is $482,660.
  • Houses have a median rent of $515 while Units have a median rent of $500.
There are currently 7 properties listed for sale, and 4 properties listed for rent in Maitland on OnTheHouse. According to CoreLogic's data, 87 properties were sold in the past 12 months in Maitland.

Suburb Insights for Maitland 2320

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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.