OFF MARKET

8/38 Lemnos Parade
The Hill NSW 2300

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 56m2
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Property Details for 8/38 Lemnos Pde, The Hill

8/38 Lemnos Pde, The Hill is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Unit
Year Built
1980
Floor Size
56m2
Local Government
Newcastle
Lot/Plan
8/SP17343

Last Listing description (July 2024)

To access contract and other documents, click here: https://tinyurl.com/3w2mx9hx

Situated in-between trendy Darby street and Newcastles iconic beaches, this quirky apartment is convenient and charming. Park up and admire the views over Nesca Park and Bar Beach, step down to your private level and enter this charming 2-bedroom apartment filled with natural light.

You are greeted by the spacious living area kept cool by split system air-conditioning flowing onto the kitchen which has recently been updated with new bench tops, cabinetry and boasting ample storage space. The bedrooms are complete with large built in robes, brand new carpets and south-facing views. Privately trucked away and peaceful as 1 of only 8 apartments in the block.

Looking for a savvy investment property or your first home in the ever growing city of Newcastle? This could be perfect.

- Small complex of only 8 apartments.
- Unit 8 is the only unit on the lower level.
- Plantation shutters throughout.
- Filled with natural light.
- Split system air-conditioning.
- Undercover off-street car parking.
- Extra storage on your level (Not on title).
- Council Rates: Approx. $1,650 p/a.
- Strata Levies: Approx. $3,800 p/a.
- Water Rates: Approx. $750 + usage p/a.
- Estimated rental return: $480 per week.

Disclaimer: Whilst every care is taken in the preparation of the information contained in this marketing, Century 21 Novocastrian will not be held liable for any errors in typing or information. All interested parties should rely upon their own enquiries in order to determine whether or not this information is in fact accurate. Photos have been edited for marketing.

Property History for 8/38 Lemnos Pde, The Hill, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$552,000
24 May 2022
Listed for Rent
$380/w
05 Mar 2021
  • 22 Feb 2023
    Listed for Sale Price Guide $500,000 - $550,000
  • 24 May 2022
    Sold for $552,000
  • 28 Apr 2022
    Listed for Sale UNDER CONTRACT/OFFER
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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 1,417 properties. Over the last 5 years, Houses in The Hill have seen a 54.16% increase in median value, while Units have seen a 31.47% increase. As at 30 September 2024:

  • The median value for Houses in The Hill is $2,126,291 while the median value for Units is $780,144.
  • Houses have a median rent of $600 while Units have a median rent of $505.
There are currently 8 properties listed for sale, and 4 properties listed for rent in The hill on OnTheHouse. According to CoreLogic's data, 54 properties were sold in the past 12 months in The hill.

Suburb Insights for The Hill 2300

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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.