OFF MARKET

32 Margaret Street
Tighes Hill NSW 2297

Bedrooms: 4
Bathrooms: 4
Car spaces: 1
Floor area: 182m2
Land area: 240m2
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Last updated 11 Nov 2024
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Property Details for 32 Margaret St, Tighes Hill

32 Margaret St, Tighes Hill is a 4 bedroom, 4 bathroom Unit with 1 parking spaces and was built in 1930. The property has a land size of 240m2 and floor size of 182m2. While the property is not currently for sale or for rent, it was last sold in February 2020.

Building Type
Unit
Year Built
1930
Floor Size
182m2
Land Size
240m2
Local Government
Newcastle
Lot/Plan
A/DP382778

Last Listing description (May 2020)

Wow, this property has so much to offer to both owner occupiers and astute investors. On offer is 2 x 2-bedroom units with almost identical layout. The building is a classic style cavity brick double storey residence in popular inner-city Tighes Hill. There are a number of features with the property:

* 2 x 2-bedroom units each with an enclosed veranda
* Currently returning $495/week rent

* Separate lounge/dining rooms
* Spacious bedrooms
* Original bathrooms
* Lock up garage at the rear
* Situated on 305m2 block

The income from the property could be improved with some cosmetic work inside each unit or you could continue leasing the property as it is, lease half and live in the other half or even convert it into a large family residence.

Situated within walking distance of Tighes Hill Public School, transport and shops. There is also easy access to cycleways to the city and beaches.

Tighes Hill is still very popular with buyers who want to secure property in the inner-city. There is a fantastic feeling of community in the suburb and at this price this property is excellent value. Don’t be disappointed contact the agent and register your interest today!

Council rates: $2,040/year
Water rates: $1,035/year

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Property History for 32 Margaret St, Tighes Hill, NSW 2297

A timeline of how this property has performed in the market
Last Sold
$710,000
24 Feb 2020
  • 08 May 2020
    Listed for Sale Sold
  • 07 Apr 2020
    Listed for Sale Sold
  • 24 Feb 2020
    Sold for $710,000
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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 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.

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