OFF MARKET

16 Farquhar Street
The Junction NSW 2291

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 109m2
Land area: 196m2
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Property Details for 16 Farquhar St, The Junction

16 Farquhar St, The Junction is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1920. The property has a land size of 196m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
House
Year Built
1920
Floor Size
109m2
Land Size
196m2
Local Government
Newcastle
Lot/Plan
69/DP1082045

Last Listing description (December 2022)

Builders, strap on your tool-belt this one is for you! Presenting across a prime location and with DA approved plans already in place, now is your chance to capitalise on a lucrative allotment. Currently hosting a 1920s cottage on a low-maintenance 197m2 corner block, knock it down and start with a blank canvas to create a modern home that spans two storeys. Features will include a kitchen opening onto an inviting alfresco area, an open plan living and dining zone, double garage and powder room on the ground floor. Upstairs hosts a second living area, four spacious bedrooms and two bathrooms, with an ensuite, walk-in robe and quaint balcony to accompany the master suite.

Situated in a supremely central and outstanding locale, theres so much to love about this setting. All of lifes necessities are within easy reach, including a choice of three schools in a 700m radius: St. Josephs Primary School, The Junction Public School and Newcastle Grammar. Junction Fair, Lingard Private Hospital, Bar Beach plus local eateries and shops are also within walking distance or take a quick 5 minute trip by car to sample the delights of Darby Street. The Newcastle CBD and the vibrant harbourside precinct are also close, waiting for you within 10 minutes.

This is a prized blue-ribbon location with exceptional potential and will not last long. Act now and arrange your inspection today.

Property Specifications:
- Prized location, with DA approved plans for a modern 4 bed, 2.5 bath home

- 197m2 corner block, just a 15 min walk from beautiful Bar Beach
- Currently hosts a 1920s 3 bed, 1 bath cottage knock down and rebuild your dream coastal home

- Walk to St. Josephs Primary (95m), The Junction Public School (350m)
- Walk to Junction Fair (210m), Lingard Private Hospital (650m), Newcastle Grammar (700m)

- 5 mins drive to Darby St shops, cafes and restaurants
- Within 10 minute's drive of the Newcastle CBD and the vibrant harbourside precinct

- Outgoings: Water - $996.32 pa approx. + usage, Council - $2,369.88 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 16 Farquhar St, The Junction, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$1,300,000
14 May 2021
Listed for Rent
$475/w
16 Nov 2018
  • 01 Sep 2022
    Listed for Sale Guide $1,460,000
  • 14 May 2021
    Sold for $1,300,000
  • 22 Apr 2021
    Listed for Sale Auction Onsite
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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 60.99% increase in median value, while Units have seen a 51.79% increase. As at 30 September 2024:

  • The median value for Houses in The Junction is $1,867,847 while the median value for Units is $893,127.
  • Houses have a median rent of $810 while Units have a median rent of $580.
There are currently 1 property listed for sale, and 1 property listed for rent in The junction on OnTheHouse. According to CoreLogic's data, 27 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.