OFF MARKET

5/193 Maitland Road
Tighes Hill NSW 2297

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Land area: 116m2
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Property Details for 5/193 Maitland Rd, Tighes Hill

5/193 Maitland Rd, Tighes Hill is a 4 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 116m2. While the property is not currently for sale or for rent, it was last sold in June 2015.

Building Type
Unit
Land Size
116m2
Local Government
Newcastle
Lot/Plan
5/SP88797

Last Listing description (October 2014)

MULITPLE TENANCY INVESMENT
Renovated apartment that has 3 individual tenancies
Income stream of $25,500per annum

Individual rents @ 2 X $170 and 1 X $180 per week
Construction depreciation schedule applies
Adjacent to public transport routes and tertiary institutions
An excellent addition to or commence an investment portfolio
RENTAL INCOME PER WEEK
ROOM 501 $9,360.00 $180.00
ROOM 502 $8,580.00 $165.00
ROOM 503 $9,360.00 $180.00
ROOM 504 $8,840.00 $170.00
SUB TOTAL $36,140.00
Rental Scheme 6 Weeks 1/2 Price $2,085.00
TOTAL RENTAL INCOME $34,055.00
EXPENSES
Strata Fees $2,950.00 (includes Sinking Fund and Insurance)
Garden Maintenance $96.58
Cleaning $2,112.50
Electricity $668.76
Water $793.96
Rates $705.40
Advertising ( WIX Website ) $18.37
Phone and Internet Access $102.27
Management Fee ( Meeks ) $1,702.75
Gas $672.40
TOTAL EXPENSES $9,822.99
NET PROFIT $24,232.01
Contact Andrew Walker on 0402 009 532
DISCLAIMER
We have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including without limitation, any income, rentals, dimensions, areas, zoning and permits.
Additional feature/s - Light Fittings.

Property History for 5/193 Maitland Rd, Tighes Hill, NSW 2297

A timeline of how this property has performed in the market
Last Sold
$2,850,000
12 Jun 2015
Listed for Rent
$180/w
11 Apr 2014
  • 12 Jun 2015
    Sold for $2,850,000
  • 20 Sep 2014
    Listed for Sale $390,000
  • 16 Nov 2013
    Listed for Rent - Price not available

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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.