OFF MARKET

7/55 Shortland Esplanade
Newcastle East NSW 2300

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 101m2
Land area: 106m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 2 Sep 2024
Low

High
Save

Property Details for 7/55 Shortland Esp, Newcastle East

7/55 Shortland Esp, Newcastle East is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1983. The property has a land size of 106m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
Unit
Year Built
1983
Floor Size
101m2
Land Size
106m2
Local Government
Newcastle
Lot/Plan
7/SP20750

Last Listing description (May 2022)

- Three bedroom, two bathroom apartment
- Open plan living space with adjoining beach-view balcony
- Main bedroom with ensuite and fitted with ceiling fan and built-in robe

- Modern kitchen equipped with dishwasher
- Internal laundry with dryer
- Parking for one vehicle included, plus additional storage space
- Intercom building entry access system and lift service to floor
- Not suitable for pets
- Short term lease available
- 4min walk to light rail. 6min walk to Newcastle Foreshore

Property History for 7/55 Shortland Esp, Newcastle East, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$1,610,000
09 Mar 2022
Listed for Rent
$750/w
11 May 2022
  • 05 Apr 2022
    Listed for Rent $750 / week
  • 09 Mar 2022
    Sold for $1,610,000
  • 24 Feb 2022
    Listed for Sale $1,550,000 - $1,650,000
Sign in to see more transactions

Commute Calculator

About Newcastle East 2300

The size of Newcastle East is approximately 0.4 square kilometres. It has 8 parks covering nearly 64.2% of total area. The population of Newcastle East in 2011 was 990 people. By 2016 the population was 1,024 showing a population growth of 3.4% in the area during that time. The predominant age group in Newcastle East is 50-59 years. Households in Newcastle East are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Newcastle East work in a professional occupation. In 2011, 37.6% of the homes in Newcastle East were owner-occupied compared with 45.6% in 2016.

Newcastle East has 727 properties. Over the last 5 years, Houses in Newcastle East have seen a 53.23% increase in median value, while Units have seen a 35.50% increase. As at 31 July 2024:

  • The median value for Houses in Newcastle East is $1,946,913 while the median value for Units is $1,073,959.
  • Houses have a median rent of $750 while Units have a median rent of $900.
There are currently 2 properties listed for sale, and 2 properties listed for rent in Newcastle east on OnTheHouse. According to CoreLogic's data, 36 properties were sold in the past 12 months in Newcastle east.

Suburb Insights for Newcastle East 2300

Market Insights
Newcastle East Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Newcastle East Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.