OFF MARKET

21 Mcglinchey Crescent
Thornton NSW 2322

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 219m2
Land area: 595m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 21 Mcglinchey Cres, Thornton

21 Mcglinchey Cres, Thornton is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 2020. The property has a land size of 595m2 and floor size of 219m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
House
Year Built
2020
Floor Size
219m2
Land Size
595m2
Local Government
Maitland
Lot/Plan
5013/DP1255373

Last Listing description (August 2022)

Calling all savvy investors; this dual-key Thornton property offers a rare opportunity to either begin or expand your portfolio with an unbeatable investment.

Constructed last year, this well-utilised block consists of two independent dwellings, the first of which offers a three-bedroom, two-bathroom home, while the second offers a smaller two-bedroom home with a single bathroom.

Both properties offer highly functional floorplans with modern appointments, single-car garages, outdoor seating areas, and small yards.

The entrance to unit 1 faces the street with an appealing mix of brick and Colorbond, with a low-maintenance front lawn and garden providing some greenery.

Upon entrance, the home's functional floorplan comes into view, with the sleek tiles and neutral palette of the combined living and dining area creating a space that feels intimate yet open.

The kitchen is appointed with stainless steel appliances, a recessed fridge space, and ample under- and over-bench cabinetry divided by Caesarstone countertops. An island bench works to boundary the kitchen's floorplan and overextends at the rear to provide a handy breakfast bar for busy mornings.

Unit 1 has three bedrooms, each offering carpets, built-ins, ceiling fans, and windows, while the master offers a slightly larger floorplan, a dedicated air conditioner, and a tiled ensuite.

A small, undercover alfresco sits just off the living area, creating a cosy, private space to enjoy a morning coffee or evening meal, and an established lawn extends to the rear of the home, offering plenty of room for smaller pets to chase a ball.

The entrance to unit 2 is privately tucked away down the side of the home, offering a secluded and secure space that's close enough for family, yet far enough removed for completely separate tenants.

Unit 2 offers the same modern design as its big sister, offering two bedrooms and one bathroom on a more compact floorplan.

The living area is intimately connected with the kitchen, and extends outdoors to provide a well-sheltered alfresco that will be perfect for all-weather dining and entertaining.

The two bedrooms both offer built-ins, ceiling fans, and plush carpets underfoot, while the bathroom echoes the aesthetic of next door and offers a shower, a single-basin vanity, and a toilet.

A small yard extends from the outdoor dining area, again providing enough room for a small pet to run and play.

Family-friendly Thornton offers a range of local amenities and facilities in its local shopping centre, as well as a good selection of parks and nature spaces.

For further needs, Maitland's larger range of services, including the expansive Stockland Green Hills shopping and dining complex, sits just 10 minutes from home, while commuters to Newcastle will benefit from just a half-hour cruise down the A43.

This dual-key Thornton property truly is an excellent opportunity for a whole range of buyers, and savvy investors will be pleased to learn that it currently returns $900 per week in rental income, with both leases expiring in March 2023.

Opportunities such as this one are rare to come to the market, and rarer still to last; contact our team and make your move today.

Property History for 21 Mcglinchey Cres, Thornton, NSW 2322

A timeline of how this property has performed in the market
Last Sold
$925,000
25 Jul 2022
  • 25 Jul 2022
    Sold for $925,000
  • 11 Jul 2022
    Listed for Sale $950,000
  • 21 Aug 2020
    Sold for $255,000

Commute Calculator

About 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 5,138 properties. Over the last 5 years, Houses in Thornton have seen a 58.09% increase in median value, while Units have seen a 56.70% increase. As at 31 October 2024:

  • The median value for Houses in Thornton is $813,640 while the median value for Units is $513,403.
  • Houses have a median rent of $600 while Units have a median rent of $530.
There are currently 36 properties listed for sale, and 7 properties listed for rent in Thornton on OnTheHouse. According to CoreLogic's data, 235 properties were sold in the past 12 months in Thornton.

Suburb Insights for Thornton 2322

Market Insights
Thornton Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Thornton Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.