199 Corlette StreetThe Junction NSW 2291
Property Details for 199 Corlette St, The Junction
Last Listing description (March 2022)
This well positioned property is in The Junction CBD and allows for investment or development opportunities.
Zoned B(2) Local Centre with a (14) metre allowable development height limit.
Current lease in place with flexibility for future options to continue leasing or owner occupy.
Just (150) metres to the shopping centre and (1.5) kilometres from Bar Beach.
For sale by Openn Negotiation (flexible conditions online auction). The Openn Negotiation is under way and the property can sell at any time. Contact the sales agent immediately to become qualified and avoid disappointment. Open to all buyers, including finance, subject to seller approval.
Property History for 199 Corlette St, The Junction, NSW 2291
- 24 Mar 2022Sold for $1,502,000
- 15 Mar 2022Listed for Sale Contact Agent
- 07 Aug 2020Sold for $1,200,000
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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 714 properties. Over the last 5 years, Houses in The Junction have seen a 70.21% increase in median value, while Units have seen a 52.02% increase. As at 31 October 2024:
- The median value for Houses in The Junction is $1,876,291 while the median value for Units is $905,947.
- Houses have a median rent of $720 while Units have a median rent of $580.
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