16 Mort StreetShortland NSW 2307
Property Details for 16 Mort St, Shortland
Last Listing description (January 2017)
Privately set in peaceful, family friendly street this rare offering boasts exceptional development potential for astute investors seeking an impressive allotment for a multiple townhouse / unit build (subject to NCCA). Already cleared this 4860sqm allotment delivers an idyllic lifestyle with views of open plains in a community minded suburb located moments away from the stunning Hunter Wetlands, everyday essentials, quality schools and sporting fields with Newcastle CBD only a short 15 minute drive away making it a perfect position for an extensive build. Current owners are happy to sell subject to subdivision from their residence making it an easy transition for all involved and leaving the new owners with no risk. Geotech report, contour plan and surveys are all available upon request and both storm water drain and sewer run at the rear of the property.
*Rare opportunity for multiple housing development (subject to NCCA)
*Substantially sized, cleared allotment
*Delivers an idyllic lifestyle in a community minded suburb
*Located moments away from the stunning Hunter Wetlands, everyday essentials, quality schools and sporting fields
*Newcastle CBD only a short 15 minute drive away
*Current owners are happy to sell subject to subdivision from their residence
*Geotech report, contour plan and surveys are all available upon request
*Storm water drain and sewer run at the rear of the property
Property History for 16 Mort St, Shortland, NSW 2307
- 15 Mar 2024Sold
- 25 Feb 2016Listed for Sale $500,000 - $550,000
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0About Shortland 2307
The size of Shortland is approximately 6.1 square kilometres. It has 11 parks covering nearly 23.5% of total area. The population of Shortland in 2011 was 3,705 people. By 2016 the population was 3,880 showing a population growth of 4.7% in the area during that time. The predominant age group in Shortland is 20-29 years. Households in Shortland are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Shortland work in a trades occupation. In 2011, 66.4% of the homes in Shortland were owner-occupied compared with 61.7% in 2016.
Shortland has 2,114 properties. Over the last 5 years, Houses in Shortland have seen a 68.78% increase in median value, while Units have seen a 48.65% increase. As at 30 November 2024:
- The median value for Houses in Shortland is $705,264 while the median value for Units is $616,097.
- Houses have a median rent of $580 while Units have a median rent of $600.
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