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Sold on 12 Feb 2025 - Price Unavailable

23 Council Street
Speers Point NSW 2284

Bedrooms: 4
Bathrooms: 3
Car spaces: 3
Land area: 809m2
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Property Details for 23 Council St, Speers Point

23 Council St, Speers Point is a 4 bedroom, 3 bathroom BlockOfUnits with 3 parking spaces. The property has a land size of 809m2. While the property is not currently for sale or for rent, it was last sold in February 2025. There are other 4 bedroom BlockOfUnits sold in Speers Point in the last 12 months.

Building Type
BlockOfUnits
Land Size
809m2

Last Listing description (February 2025)

Being offered for sale by In-Room Auction as sale of Portfolio, this freestanding block of three units on one title could be the opportunity you have been waiting for to add to or begin a quality real estate portfolio with solid returns, only a short walk to Lake Macquarie.

With one, two bedroom and two, one bedroom configurations, all units offer good size living areas, spacious bedrooms with built ins, functional kitchen and bathroom areas and shared laundry.

Located short walk to Lake Macquarie with lovely views, on a large 809m2 R2 zoned block.

Features include

• Good size living areas
• Built in robes to bedrooms
• Functional kitchen and bathroom
• Separately metered for water and electricity
• Undercover parking at rear plus garaging for one unit
• 809m2 block
• Walk to lake and transport
• Gross return of $65,260 per annum

To be sold by Auction In-Rooms on Wednesday 12th February at 1pm - The Mercure Hotel, 12 Steel Street Newcastle West.

Pest & Building Reports available.

For Info Pack with additional info including unit specifics, additional photos and related information email agent - view at scheduled times.

Outgoings
• Water: $984.00 pq - Approx.
• Council: $592.00 pq
• Insurance: $4,365.00 pa
• Yard Maintenance: $3,344.00 - Approx.

Current Rental Return
• $65,260 per annum

Property History for 23 Council St, Speers Point, NSW 2284

A timeline of how this property has performed in the market
Last Sold
12 Feb 2025
Listed for Rent
$240/w
20 Nov 2014
  • 12 Feb 2025
    Sold for $1,300,000
  • 14 Jan 2025
    Listed for Sale In Room Auction
  • 06 Nov 2014
    Listed for Rent - Price not available
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About Speers Point 2284

The size of Speers Point is approximately 2.9 square kilometres. It has 6 parks covering nearly 19.4% of total area. The population of Speers Point in 2011 was 3,229 people. By 2016 the population was 3,316 showing a population growth of 2.7% in the area during that time. The predominant age group in Speers Point is 50-59 years. Households in Speers Point are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Speers Point work in a professional occupation. In 2011, 72.5% of the homes in Speers Point were owner-occupied compared with 72.8% in 2016.

Speers Point has 1,740 properties. Over the last 5 years, Houses in Speers Point have seen a 73.53% increase in median value, while Units have seen a 59.28% increase. As at 31 January 2025:

  • The median value for Houses in Speers Point is $1,001,356 while the median value for Units is $771,156.
  • Houses have a median rent of $700 while Units have a median rent of $600.
There are currently 12 properties listed for sale, and no properties listed for rent in Speers point on OnTheHouse. According to CoreLogic's data, 80 properties were sold in the past 12 months in Speers point.

Suburb Insights for Speers Point 2284

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Contact agent
Barry Price
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Darren Penn
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Ray White Newcastle Lake Macquarie
Preferred contact:
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.