SOLD
Sold on 14 Nov 2023 for $2,300,000

11 Kenrick Street
The Junction NSW 2291

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 109m2
Land area: 368m2
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Property Details for 11 Kenrick St, The Junction

Building Type
Commercial
Year Built
2016
Floor Size
109m2
Land Size
368m2
Local Government
Newcastle
Lot/Plan
11/DP737299

Last Listing description (November 2023)

The property is in the heart of one of the regions premier suburbs. Surrounded by an abundance of local amenity including professional services, cafes, restaurants, The Junction Hotel and The Junction Fair shopping centre.

Internally, the property is open plan, with a storeroom to the rear that allows direct access to the car park. The modern faade allows for maximum exposure onto Kenrick Street benefitting from passing local trade.

For Lease - Please contact one of the exclusive leasing agents for more information.

*Approximate

Property History for 11 Kenrick St, The Junction, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$2,300,000
14 Nov 2023
Listed for Rent
$417/w
10 Nov 2023
  • 14 Nov 2023
    Sold for $2,300,000
  • 10 Nov 2023
    Listed for Rent - Price not available
  • 23 Feb 2021
    Listed for Rent $82,000 / year
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About The Junction 2291

The size of The Junction is approximately 0.3 square kilometres. It has 1 park covering nearly 4.4% of total area. The population of The Junction in 2011 was 1,495 people. By 2016 the population was 1,048 showing a population decline of 29.9% in the area during that time. The predominant age group in The Junction is 20-29 years. Households in The Junction are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in The Junction work in a professional occupation. In 2011, 50.1% of the homes in The Junction were owner-occupied compared with 57.9% in 2016.

The Junction has 729 properties. Over the last 5 years, Houses in The Junction have seen a 58.98% increase in median value, while Units have seen a 52.39% increase. As at 31 July 2024:

  • The median value for Houses in The Junction is $1,859,543 while the median value for Units is $883,877.
  • Houses have a median rent of $863 while Units have a median rent of $565.
There are currently 2 properties listed for sale, and 1 property listed for rent in The junction on OnTheHouse. According to CoreLogic's data, 28 properties were sold in the past 12 months in The junction.

Suburb Insights for The Junction 2291

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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.