SOLD
Sold on 09 Feb 2024 for $628,500

3/299 Sandgate Road
Shortland NSW 2307

Bedrooms: 3
Bathrooms: 3
Car spaces: 1
Floor area: 102m2
Land area: 148m2
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Dowling Property Group Mayfield
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Property Details for 3/299 Sandgate Rd, Shortland

3/299 Sandgate Rd, Shortland is a 3 bedroom, 3 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 148m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom Unit sold in Shortland in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
102m2
Land Size
148m2
Local Government
Newcastle
Lot/Plan
3/SP94071

Last Listing description (February 2024)

This property is only 8 years young and is waiting for an investor to snap it up. Each room could be rented for $250 per week which is a potential return of $750 per week in total making it a fantastic investment opportunity.

Consisting of:
- Three bedrooms all with ensuites, robes and ceiling fans

- Large living area downstairs that is air conditioned
- W/C downstairs and internal laundry
- Single lock up garage with internal access
- Outdoor grassed courtyard

Located close to The University of Newcastle, Shortland Waters Golf Club, the John Hunter Hospital, schools, shops and transport.

Buy with confidence as a pre purchased pest & building report is available upon request.

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Property History for 3/299 Sandgate Rd, Shortland, NSW 2307

A timeline of how this property has performed in the market
Last Sold
$628,500
09 Feb 2024
Listed for Rent
$670/w
24 Mar 2023
  • 09 Feb 2024
    Sold for $628,500
  • 01 Feb 2024
    Listed for Sale Price Guide $599,950 - $630,000
  • 09 Mar 2023
    Listed for Rent $670 / week
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About 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 2,073 properties. Over the last 5 years, Houses in Shortland have seen a 69.05% increase in median value, while Units have seen a 52.89% increase. As at 31 October 2024:

  • The median value for Houses in Shortland is $699,775 while the median value for Units is $627,228.
  • Houses have a median rent of $575 while Units have a median rent of $600.
There are currently 7 properties listed for sale, and 6 properties listed for rent in Shortland on OnTheHouse. According to CoreLogic's data, 87 properties were sold in the past 12 months in Shortland.

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