44 Tyrrell StreetThe Hill NSW 2300
Property Details for 44 Tyrrell St, The Hill
44 Tyrrell St, The Hill is a 3 bedroom, 3 bathroom House and was built in 1900. The property has a land size of 111m2 and floor size of 46m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
Last Listing description (April 2023)
Excellent inner city location. Low property expenses makes it a top income earner. Three tenancies, 3 x 1 bedroom units. Current gross rental income $58,760 pa*.
Positioned amongst the history and beauty of The Hill, this late 1800s colonial style property has been converted into three separate 1-bedroom apartments offering an outstanding prospect with excellent investment rewards currently returning a combined Gross rent of $1,130pw*
Period hallmarks including original fireplaces and ornate ceilings honour the property's heritage, while each apartment features a modern kitchen, bathroom and large living and bedroom space. North facing cathedral and harbour views are best enjoyed from the upper level while a shared laundry in the rear courtyard adds a finishing touch. Perfectly placed to enjoy all of Newcastle's lifestyle attractions, from here it's an easy stroll to Darby Street for coffee, shopping and dining, the harbour and Honeysuckle for entertainment or the beach for a swim or surf.
- Renovated, trendy and stylish 1-bedroom apartments
- Great rental income currently returning a combined $1,130 per week*.
- Presents as a superb ready made investment
- Inner city Newcastle
- Harbour & Cathedral Views
- Common north facing courtyard
- Just 1km from the University of Newcastle city campus*
- 500m to King Edward Park and 1 km to the beach*.
Outgoings:
Water: $2,300 pa*
Council: $2,995 pa*
*Approx.
(We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.)
Property History for 44 Tyrrell St, The Hill, NSW 2300
- 24 Feb 2023Sold for $1,560,000
- 02 Mar 2020Listed for Sale Price Guide On Request
- 10 May 2019Listed for Rent $375 / week
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About The Hill 2300
The size of The Hill is approximately 0.6 square kilometres. It has 9 parks covering nearly 25.7% of total area. The population of The Hill in 2011 was 1,716 people. By 2016 the population was 1,940 showing a population growth of 13.1% in the area during that time. The predominant age group in The Hill is 20-29 years. Households in The Hill are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in The Hill work in a professional occupation. In 2011, 46.9% of the homes in The Hill were owner-occupied compared with 44.7% in 2016.
The Hill has 1,384 properties. Over the last 5 years, Houses in The Hill have seen a 51.91% increase in median value, while Units have seen a 27.37% increase. As at 31 October 2024:
- The median value for Houses in The Hill is $2,081,644 while the median value for Units is $772,660.
- Houses have a median rent of $530 while Units have a median rent of $530.
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