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Sold on 07 Nov 2024 for $475,000

8 Baker Drive
Tenambit NSW 2323

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 8 Baker Dr, Tenambit

8 Baker Dr, Tenambit is a 2 bedroom, 1 bathroom DuplexSemi-detached with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom DuplexSemi-detached sold in Tenambit in the last 12 months.

Building Type
DuplexSemi-detached
Local Government
Maitland
Lot/Plan
CP/SP108388

Last Listing description (November 2024)

Whether you're looking for a solid investment or an affordable entry into the market, this two-bedroom duplex offers the perfect balance of comfort and convenience. Currently tenanted for $450 per week, this property presents an excellent opportunity for investors or first-home buyers seeking a low-maintenance lifestyle in a prime location.

Features:

- Two generously sized bedrooms with built-in robes and ceiling fans

- Three-way bathroom for added functionality
- Spacious open-plan living with a large lounge area, ceiling fan, and reverse-cycle air conditioning
- Functional kitchen with ample storage, including a pantry
- Separate dining area leading to a lovely outdoor deck
- Spacious, secure backyard ideal for pets or children
- Single lock-up garage with internal access

Conveniently situated near local schools and shops, this property offers easy access to various amenities, including Green Hills Shopping Centre just 10 minutes away, with its wide selection of retail, dining, and entertainment. The Maitland CBD and the vibrant Levee precinct are a 15-minute drive, while the boutique cafes and shops of Morpeth are only five minutes away. For further excursions, Newcastle is a 40-minute drive, and the renowned Hunter Valley vineyards are just 30 minutes from your doorstep.

Council/water rates approximately - $3,674

50% Building insurance - approximately $1,267.50 per annum

Tenant in a fixed term lease expiring 15/07/2025 paying $450 per week

This information has been provided to us by third parties and we do not accept responsibility for its accuracy. You should make your own enquiries and check the information so as to determine whether or not this information is in fact accurate. You must make your own assessment and obtain professional advice is necessary.

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Property History for 8 Baker Dr, Tenambit, NSW 2323

A timeline of how this property has performed in the market
Last Sold
$475,000
07 Nov 2024
  • 07 Nov 2024
    Sold for $475,000

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About Tenambit 2323

The size of Tenambit is approximately 2.6 square kilometres. It has 14 parks covering nearly 7.6% of total area. The population of Tenambit in 2011 was 3,008 people. By 2016 the population was 2,889 showing a population decline of 4.0% in the area during that time. The predominant age group in Tenambit is 10-19 years. Households in Tenambit are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tenambit work in a professional occupation. In 2011, 67.9% of the homes in Tenambit were owner-occupied compared with 64% in 2016.

Tenambit has 1,386 properties. Over the last 5 years, Houses in Tenambit have seen a 59.53% increase in median value, while Units have seen a 62.21% increase. As at 31 October 2024:

  • The median value for Houses in Tenambit is $650,757 while the median value for Units is $520,801.
  • Houses have a median rent of $580 while Units have a median rent of $398.
There are currently 4 properties listed for sale, and 1 property listed for rent in Tenambit on OnTheHouse. According to CoreLogic's data, 66 properties were sold in the past 12 months in Tenambit.

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Lauren Hair
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STEVE BATES REAL ESTATE
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