OFF MARKET

161 Maitland Road
Tighes Hill NSW 2297

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 1017m2
Land area: 513m2
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Property Details for 161 Maitland Rd, Tighes Hill

Building Type
Commercial
Floor Size
1017m2
Land Size
513m2
Local Government
Newcastle
Lot/Plan
1/DP188843

Last Listing description (April 2012)

PROMINENT MAIN ROAD LOCATION
The property is located on the eastern side of Maitland Road approximately 100 metres south of Elizabeth Street and directly opposite the TAFE in Tighes Hill. The suburb of Tighes Hill is located about 5km north-west of Newcastle CBD and port facilities.
Current improvements on site are a former Beaurepairs Tyre Centre. The site is suitable for redevelopment for a multitude of retail, commercial or a mixed use development incorporating some residential component which is permissible under the current zoning (subject to Newcastle City Council Approval).

The current improvements could also be enhanced to provide high quality showrooms or could be utilised in their current format for tyre, mechanical, car sales and car accessories (subject to Newcastle City Council Approval).

Property History for 161 Maitland Rd, Tighes Hill, NSW 2297

A timeline of how this property has performed in the market
Last Sold
$460,000
13 Feb 1986
  • 17 Jun 2011
    Listed for Sale Not Disclosed
  • 13 Feb 1986
    Sold for $460,000

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About Tighes Hill 2297

The size of Tighes Hill is approximately 1.7 square kilometres. It has 4 parks covering nearly 1.9% of total area. The population of Tighes Hill in 2011 was 1,615 people. By 2016 the population was 1,677 showing a population growth of 3.8% in the area during that time. The predominant age group in Tighes Hill is 30-39 years. Households in Tighes Hill are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tighes Hill work in a professional occupation. In 2011, 62.9% of the homes in Tighes Hill were owner-occupied compared with 62.1% in 2016.

Tighes Hill has 953 properties. Over the last 5 years, Houses in Tighes Hill have seen a 58.26% increase in median value, while Units have seen a 32.38% increase. As at 30 November 2024:

  • The median value for Houses in Tighes Hill is $987,422 while the median value for Units is $780,428.
  • Houses have a median rent of $640 while Units have a median rent of $525.
There are currently 2 properties listed for sale, and 1 property listed for rent in Tighes hill on OnTheHouse. According to CoreLogic's data, 41 properties were sold in the past 12 months in Tighes hill.

Suburb Insights for Tighes Hill 2297

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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.