OFF MARKET

23 Henry Street
Tighes Hill NSW 2297

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 129m2
Land area: 297m2
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Property Details for 23 Henry St, Tighes Hill

Building Type
Land
Year Built
2016
Floor Size
129m2
Land Size
297m2
Local Government
Newcastle
Lot/Plan
10A/DP305726

Last Listing description (August 2014)

INNER CITY LAND WITH DA APPROVAL, OR EXCELLENT NEW HOME SITE
WHETHER YOU WOULD LIKE TO BUILD A DREAM HOME IN THIS LOVELY INNER-CITY VILLIAGE ATMOSPHERE, TAKE ADVANTAGE OF THE EXISTING DA APPROVAL, OR JUST LAND-BANK THIS RARE OFFERING, THIS IS AN OPPORTUNITY YOU CAN'T AFFORD TO MISS. LESS THAN 500M FROM TAFE, 100M TO BUS AND A SHORT TRIP TO NEWCASTLE UNIVERSITY, TIGHES HILL IS GROWING EACH MONTH IN POPULARITY AND HAS REPORTED OUTSTANDING RENTAL AND MEDIAN PRICE GROWTH OVER THE LAST 5 YEARS.NOW UNDER WATCH ON MANY INVESTOR HOT SPOT LISTS, THIS PROPERTY PROVIDES AN ENTRY POINT INTO THE MARKET, WHERE MOST HOMES EVEN IN A POOR STATE OF REPAIR ARE VALUED CLOSER TO $400,000.YOU DO HAVE THE OPTION TO PROCEED TO DEVELOP THE 8 BEDROOM DA APPROVED BOARDING HOUSE THE CURRENT OFFER IS LEAVING WIN THE SITE TOO.THIS PRODUCT COULD CATER WELL TO MINING COMPANIES AND THE LIKE, LOOKING FOR ACCOMMODATION FOR THEIR EMPLOYEES.EXPECTED RENTAL RETURN ONCE BUILT OF $84,000 OVER GROSS, IN A SEGMENT OF THE MARKET THAT CONTINUES TO CLIMB.* LEVEL, CLEARED PARCEL OF LAND OF 304SQM.* DA APPROVAL FOR STUDENT ACCOMMODATION* CENTRAL INNER CITY LOCATION* MINUTES TO THE CBD, SHORT STROLL TO THROSBY CREEK, SHOPS, PARKS, SCHOOLS AND PUBLIC TRANSPORT* A RARE OPPORTUNITY NOT TO BE MISSEDCONTACT GEORGE RAFTY AND HIS TEAM ASAP FOR COPY OF THE PLANS AND DA CONSENT IF YOU WISH TO GO DOWN THIS PATH, OR OBTAIN A CONTRACT FOR SALE IF YOU ARE JUST LOOKING TO BUILD YOUR DREAM HOME.

Property History for 23 Henry St, Tighes Hill, NSW 2297

A timeline of how this property has performed in the market
Last Sold
$282,000
13 Aug 2014
  • 13 Aug 2014
    Sold for $282,000
  • 11 Feb 2014
    Listed for Sale OFFERS OVER $260,000
  • 16 Feb 2008
    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 no properties listed for rent in Tighes hill on OnTheHouse. According to CoreLogic's data, 43 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.