OFF MARKET

177 Maitland Road
Tighes Hill NSW 2297

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 898m2
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Property Details for 177 Maitland Rd, Tighes Hill

Building Type
Commercial
Land Size
898m2
Local Government
Newcastle
Lot/Plan
12/DP1225882

Last Listing description (October 2021)

Centrally located with main road frontage to Maitland Rd within the suburb of Tighes Hill benefiting from excellent exposure. This property is positioned within walking distance of NSW Tafe, Coles Mayfield East Village, boutique shops, cafes, bars, Chemist Warehouse, Beaumont St retail strip and is less than 5km from Newcastle CBD.
Well established and maintained student accommodation facility comprising 35 rooms and 9 apartments only 10 minutes from the CBD.
Gross income circa $340,000 pa with a net income circa $234,000 pa

2 titles with a combined land area of approximately 981m

Property History for 177 Maitland Rd, Tighes Hill, NSW 2297

A timeline of how this property has performed in the market
  • 24 Apr 2021
    Listed for Sale Contact Agent
  • 10 Nov 2007
    Listed for Sale Not Disclosed

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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 941 properties. Over the last 5 years, Houses in Tighes Hill have seen a 66.00% increase in median value, while Units have seen a 33.04% increase. As at 31 October 2024:

  • The median value for Houses in Tighes Hill is $999,643 while the median value for Units is $752,746.
  • Houses have a median rent of $640 while Units have a median rent of $525.
There are currently 1 property listed for sale, and 1 property listed for rent in Tighes hill on OnTheHouse. According to CoreLogic's data, 42 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.