SOLD
Sold on 28 Feb 2024 for $715,000

4/16 Marsden Street
Shortland NSW 2307

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 114m2
Land area: 156m2
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Property Details for 4/16 Marsden St, Shortland

4/16 Marsden St, Shortland is a 3 bedroom, 2 bathroom Unit and was built in 2022. The property has a land size of 156m2 and floor size of 114m2. 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
2022
Floor Size
114m2
Land Size
156m2
Local Government
Newcastle
Lot/Plan
4/SP104701

Property History for 4/16 Marsden St, Shortland, NSW 2307

A timeline of how this property has performed in the market
Last Sold
$715,000
28 Feb 2024
  • 28 Feb 2024
    Sold for $715,000
  • 24 Feb 2021
    Sold for $495,389

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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 2,075 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 5 properties listed for rent in Shortland on OnTheHouse. According to CoreLogic's data, 89 properties were sold in the past 12 months in Shortland.

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