OFF MARKET

5/15 Watkins Street
The Junction NSW 2291

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 86m2
Land area: 1482m2
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Property Details for 5/15 Watkins St, The Junction

5/15 Watkins St, The Junction is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1996. The property has a land size of 1482m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Townhouse
Year Built
1996
Floor Size
86m2
Land Size
1482m2
Local Government
Newcastle
Lot/Plan
5/SP51784

Last Listing description (February 2024)

Although the address says Watkins Street, you will find this roomy villa peacefully and privately tucked away on Chester Lane. One of only five properties in this boutique complex, it's virtually freestanding with only the garage as a common wall, and its handy location is little more than a stone's throw from The Junction Public school and a short stroll to the shops and eateries that make this suburb such a great place to call home. First homebuyers will love the chance to get into this popular locale, while retirees won't go past the home's easycare persona and absolute convenience. Inside, rooms are spacious with an open plan design and two robed bedrooms served by a full-size bathroom, while a private rear courtyard adds an enjoyable alfresco element for relaxation or you could head to your choice of Merewether, Dixon Park or Bar Beach for a surf or swim.

- Brick and tile villa with entry off peaceful Chester Lane, only 5 units in the complex
- Spacious open plan living with a/c, fans and outdoor flow to private courtyard

- Single garage offers the convenience of internal access
- Galley kitchen appointed with 90cm ceramic cooktop, 60cm oven and dishwasher
- Both bedrooms are generous in size fitted with built-in robes and ceiling fans
- Currently tenanted returning $550 per week, on lease til January 2023
- 600m to Lingard Private Hospital, 450m to Junction Fair shopping
- 1km to Darby Street, central to a choice of beaches, 3km to transport interchange

Disclaimer: 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 5/15 Watkins St, The Junction, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$1,050,000
28 May 2022
Listed for Rent
$650/w
23 Oct 2023
  • 04 Oct 2023
    Listed for Rent $650 / week
  • 28 May 2022
    Sold for $1,050,000
  • 06 Dec 2019
    Listed for Rent $495 / week
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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 64.27% increase in median value, while Units have seen a 48.46% increase. As at 31 August 2024:

  • The median value for Houses in The Junction is $1,882,300 while the median value for Units is $881,171.
  • Houses have a median rent of $863 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, 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.