115 Railway StreetTeralba NSW 2284
Property Details for 115 Railway St, Teralba
115 Railway St, Teralba is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1930. The property has a land size of 1095m2 and floor size of 187m2. While the property is not currently for sale or for rent, it was last sold in May 2019.
Last Listing description (May 2019)
The current day spaces of this delightful weatherboard home reflect its post-war origins with beautiful 10ft ornate ceilings, timber floorboards and tidy yet thoroughly retro kitchen and bathrooms. The house sits to the rear of the generous 1,143sqm parcel of land giving it a sense of privacy from the road, while offering a wealth of future potential. The property also holds a 5 metre x 30metre right of carriage on 113 Railway St, Teralba.
In tidy condition throughout while offering scope to add further value, this property is sure to capture the hearts of families, investors and first homebuyers, while builders and property developers will be interested in its R3 Medium Density Residential zoning to develop into multiple dwellings, subject to council approval.
On the doorstep of beautiful Lake Macquarie, giving you instant access to adventure and leisure, Teralba is a pretty little town with a public school and train station and is currently undergoing rejuvenation with a master planned estate at Billy s Lookout and several new townhouse developments in the works.
- Approximate dimensions of 17.4m/18.8m x 59.7m/62m
- Bright lounge room with ornate ceiling and sliding door to front verandah
- Three ultra-spacious bedrooms, one with adjoining sunroom, plus study.
- Spacious eat-in kitchen with electric cooking appliances and dishwasher
- Rear sunroom with handy second bathroom
- Double carport plus abundant extra parking options
- Short drive to everyday conveniences in Toronto, Warners Bay and Glendale
- Approximate return of $430 per week for investors
This property is being sold under the revolutionary Friendly Auction System.
An independent pest & building report is available on request at no charge to you. This is the type of report your solicitor would usually recommend purchasing before bidding at an auction or before making an unconditional offer prior to auction and are conducted by a panel of reputable companies. The companies have consented to friendly auction terms and will generally be happy to speak to you about your queries in reports and in most cases transfer the reports into your name if you are the successful buyer at auction or prior to auction: see each report for details.
Flexible deposit and settlement conditions are also available by negotiation with the agent if required.
Offers can also be made prior to auction and each offer will be assessed on its merits.
In-rooms auction event scheduled at The Arc at Watt Street Commercial Centre (Cnr King and Watt St Newcastle). Bid and buy with confidence in this consumer driven, transparent auction system that was pioneered here in Newcastle but is now in use across Australia. We also have a downloadable guide available on our website.
Property History for 115 Railway St, Teralba, NSW 2284
- 08 May 2019Sold for $500,000
- 04 Feb 2019Listed for Sale $485,000 to $510,000
- 15 Nov 2017Listed for Rent - Price not available
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0About Teralba 2284
The size of Teralba is approximately 14.2 square kilometres. It has 9 parks covering nearly 2.5% of total area. The population of Teralba in 2011 was 1,558 people. By 2016 the population was 1,587 showing a population growth of 1.9% in the area during that time. The predominant age group in Teralba is 50-59 years. Households in Teralba are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Teralba work in a trades occupation. In 2011, 73.2% of the homes in Teralba were owner-occupied compared with 72.1% in 2016.
Teralba has 1,628 properties. Over the last 5 years, Houses in Teralba have seen a 79.10% increase in median value, while Units have seen a 62.47% increase. As at 31 October 2024:
- The median value for Houses in Teralba is $899,963 while the median value for Units is $598,513.
- Houses have a median rent of $720 while Units have a median rent of $443.
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