SOLD
Sold on 04 Apr 2024 for $880,000

34 Rural Drive
Sandgate NSW 2304

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 989m2
Land area: 2131m2
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Property Details for 34 Rural Dr, Sandgate

Building Type
Commercial
Floor Size
989m2
Land Size
2131m2
Local Government
Newcastle
Lot/Plan
38/DP246396

Last Listing description (July 2010)

Secure Warehouse with Yard
Located in Sandgate - not far from the Produce Markets it has easy access to the Port, Kooragang and CBD plus it allows for a quick exit to the Valley and the Airport. Comprising:
- 989m2 building - split into (2)

- Half tenanted and half vacant
- Rear loading undercover awning
- Rear sealed yard
- Front air-conditioned offices
- Bricks and motar security
This building has the ability to generate an income whilst you occupy the vacant portion and provide you with in-built growth potential as your business expands.

Property History for 34 Rural Dr, Sandgate, NSW 2304

A timeline of how this property has performed in the market
Last Sold
$880,000
04 Apr 2024
  • 04 Apr 2024
    Sold for $880,000
  • 27 Jun 2011
    Sold for $748,000
  • 05 Jul 2010
    Listed for Sale PUBLIC AUCTION: 8TH SEPTEMBER 2010
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About Sandgate 2304

The size of Sandgate is approximately 3 square kilometres. It has 5 parks covering nearly 46.5% of total area. The population of Sandgate in 2011 was 310 people. By 2016 the population was 284 showing a population decline of 8.4% in the area during that time. The predominant age group in Sandgate is 80-89 years. Households in Sandgate are primarily single parents and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Sandgate work in a machinery operators and drivers occupation. In 2011, 52% of the homes in Sandgate were owner-occupied compared with 44.5% in 2016.

Sandgate has 311 properties. Over the last 5 years, Houses in Sandgate have seen a 69.42% increase in median value. As at 30 November 2024:

  • The median value for Houses in Sandgate is $720,093 while the median value for Units is $465,799.
  • Houses have a median rent of $300.
There are currently 1 property listed for sale, and no properties listed for rent in Sandgate on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Sandgate.

Suburb Insights for Sandgate 2304

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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.