OFF MARKET

205 Union Street
The Junction NSW 2291

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 61m2
Land area: 215m2
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Property Details for 205 Union St, The Junction

Building Type
Commercial
Floor Size
61m2
Land Size
215m2
Local Government
Newcastle
Lot/Plan
B/DP159825

Last Listing description (October 2018)

Boasting a sophisticated internal fitout, the building offers one of the finest and most exposed commercial locations within Newcastle. The property will appeal to owner occupiers and investors alike, based on the dual street access together with the ability to create multiple tenancies.
This trophy location offers strong fundamentals including scarcity of properties for sale and little to no tenancy movements within the precinct. The property is suited to both the commercial and retail sectors.
For further information, please contact Adam Leacy or Matt Kearney of Colliers International.

For Sale by way of Private Treaty for $1,900,000
(NPP)

Property History for 205 Union St, The Junction, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$1,630,000
02 May 2019
Listed for Rent
$479/w
30 Mar 2010
  • 02 May 2019
    Sold for $1,630,000
  • 28 Jun 2018
    Listed for Sale Not Disclosed
  • 01 Dec 2010
    Sold for $1,000,000
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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.
There are currently 1 property listed for sale, and 1 property listed for rent in The junction on OnTheHouse. According to CoreLogic's data, 22 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.