OFF MARKET

6A Kemp Street
The Junction NSW 2291

Bedrooms: 6
Bathrooms: 4
Car spaces: 8
Land area: 430m2
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Property Details for 6a Kemp St, The Junction

6a Kemp St, The Junction is a 6 bedroom, 4 bathroom Unit with 8 parking spaces. The property has a land size of 430m2. While the property is not currently for sale or for rent, it was last sold in May 1986.

Building Type
Unit
Land Size
430m2
Local Government
Newcastle

Last Listing description (May 2017)

A fantastic opportunity to secure a low maintenance, completely refurbished unit block to start or add to your investment portfolio.
Strolling distance to the beach and The Junction.
2x2 and 2x1 bedroom units positioned on a 430m2 block offering access for 8 vehicles plus 4 storerooms.

Potential to reconfigure to home plus income STCA, returning approx. $71,500PA.
* Auction on site Sat 14th May at 10.30am.
* 12 week settlement & 5% deposit providing easy buying terms.
* Fantastic investment opportunity - return potential $71,500 PA.
* Opportunity to redesign for home plus income STCA.
* Completely refurbished block in 2x2 and 2x1 bedroom configuration.
* NadinWest Kitchens enhanced by dishwashers and washer/dryers.
* 3 courtyards and upstairs balcony plus low maintenance landscaping.
* Carport for 4 cars plus additional stack parking and 4 storerooms.
* Strolling distance to The Junction and the beach.
* A unique offering that will impress the 1st time or smart investor.
*One of the best residential offerings you will see this year!
Council Rates: $2224 PA approx
Water Rates: $2295 PA approx (Usage Inclusive)

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Property History for 6a Kemp St, The Junction, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$140,000
23 May 1986
Listed for Rent
$240/w
31 May 2008
  • 21 Apr 2016
    Listed for Sale Auction Price Guide $1,350,000 - $1,450,000
  • 18 Apr 2008
    Listed for Rent - Price not available
  • 13 Jul 2006
    Listed for Rent - Price not available
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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 715 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, 21 properties were sold in the past 12 months in The junction.

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