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
Sold By
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.

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 2,114 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.
There are currently 9 properties listed for sale, and 1 property listed for rent in Shortland on OnTheHouse. According to CoreLogic's data, 91 properties were sold in the past 12 months in Shortland.

Suburb Insights for Shortland 2307

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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.