15 Mcnamara StreetThornton NSW 2322
Property Details for 15 Mcnamara St, Thornton
15 Mcnamara St, Thornton is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2018. The property has a land size of 629m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 4 bedroom House sold in Thornton in the last 12 months.
Last Listing description (December 2023)
15 McNamara Street, Thornton is set on a 629M2 corner block, and represents a unique investment opportunity through a strong yield in the short term with the potential for strong capital growth in the medium to long term.
Set amongst great parks and walking trails, close to schools, shops and a short drive from both Newcastle's Beaches and the Hunter Valley wine region this represents a great opportunity in a sought after location.
Property Features:
- 2 bathrooms
- Modern kitchen
- Multiple living spaces
- Large flat backyard
The home is currently leased to Defence Housing Australia for 6 years with the option for a multi year extension.
Further there is annual rental increases priced in for the remainder of the agreement.
Currently returning circa $32,000 per annum.
Inspection via appointment only, please contact Chris Sessions on 0432176288 to add this to your portfolio...
Property History for 15 Mcnamara St, Thornton, NSW 2322
- 14 Dec 2023Sold for $800,000
- 03 Jul 2023Listed for Sale Guide $830,00
- 12 May 2017Sold for $509,000
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0About Thornton 2322
The size of Thornton is approximately 16.6 square kilometres. It has 6 parks covering nearly 1.2% of total area. The population of Thornton in 2011 was 7,861 people. By 2016 the population was 8,060 showing a population growth of 2.5% in the area during that time. The predominant age group in Thornton is 0-9 years. Households in Thornton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Thornton work in a trades occupation. In 2011, 80.9% of the homes in Thornton were owner-occupied compared with 77.3% in 2016.
Thornton has 5,144 properties. Over the last 5 years, Houses in Thornton have seen a 61.54% increase in median value, while Units have seen a 45.79% increase. As at 31 August 2024:
- The median value for Houses in Thornton is $804,544 while the median value for Units is $495,984.
- Houses have a median rent of $600 while Units have a median rent of $520.
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