SOLD
Sold on 29 Oct 2024 for $1,005,000

3 Purssey Street
Thornton NSW 2322

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 130m2
Land area: 747m2
Sold By
Valley Estate Agents
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Property Details for 3 Purssey St, Thornton

3 Purssey St, Thornton is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2020. The property has a land size of 747m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 4 bedroom House sold in Thornton in the last 12 months.

Building Type
House
Year Built
2020
Floor Size
130m2
Land Size
747m2
Local Government
Maitland
Lot/Plan
5052/DP1255373

Last Listing description (December 2024)

Property Overview:
Welcome to 3 Purssey Street, Thornton, a premier investment opportunity in a highly sought-after location. This dual key residence, built in 2020, is perfect for investors looking to maximise their returns with two fully self-contained living spaces under one roof.

Key Features:

* Modern Comfort: Reverse cycle split system air-conditioning.
* Fully Equipped Kitchens: Gas cooktop, electric oven, and dishwasher.
* Ample Storage: Built-in robes in all bedrooms.
* Living Areas: Tiled living spaces and plush carpeted bedrooms.
* Privacy and Security: Fully fenced backyards for each residence.

Ideal Location:
* Convenience: 5-minute drive to Thornton Shopping Centre.
* Recreation: 15-minute drive to Maitland Park.
* Healthcare: 10-minute drive to Maitland Hospital.
* Shopping & Entertainment: 10 minutes to Stockland Green Hills.
* Commute: 30 minutes to Newcastle CBD.
* Vineyards: 25 minutes to Hunter Valley Wine Country.

Why Invest:
With stable tenancies, attractive annual income, and a coveted location, this property is an enticing opportunity for discerning investors.

Residence 1:
Configuration: 4 bedrooms, 2 bathrooms, 1-car garage.
Lease Details: Leased for $580 per week, tenant lease until March 2025.

Residence 2:
Configuration: 2 bedrooms, 1 bathroom, 1-car garage.
Lease Details: Leased for $420 per week, tenant lease until February 2025.

Don't miss this exceptional investment opportunity. For more information or to attend an upcoming open inspection, please contact our sales team today. This dual key residence is a must-see for serious investors looking to expand their portfolio in a thriving market.

Property History for 3 Purssey St, Thornton, NSW 2322

A timeline of how this property has performed in the market
Last Sold
$1,005,000
29 Oct 2024
  • 29 Oct 2024
    Sold for $1,005,000
  • 31 Jul 2024
    Listed for Sale $1,005,000.00
  • 13 Feb 2020
    Sold for $264,900
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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 5,189 properties. Over the last 5 years, Houses in Thornton have seen a 54.61% increase in median value, while Units have seen a 66.59% increase. As at 30 November 2024:

  • The median value for Houses in Thornton is $816,057 while the median value for Units is $524,555.
  • Houses have a median rent of $620 while Units have a median rent of $530.
There are currently 35 properties listed for sale, and 5 properties listed for rent in Thornton on OnTheHouse. According to CoreLogic's data, 230 properties were sold in the past 12 months in Thornton.

Suburb Insights for Thornton 2322

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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.