OFF MARKET

53 Bryant Street
Tighes Hill NSW 2297

Bedrooms: 7
Bathrooms: 3
Car spaces: -
Land area: 274m2
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Last updated 11 Nov 2024
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Property Details for 53 Bryant St, Tighes Hill

53 Bryant St, Tighes Hill is a 7 bedroom, 3 bathroom House. The property has a land size of 274m2.

Building Type
House
Land Size
274m2
Local Government
Newcastle
Lot/Plan
1/DP1262145

Last Listing description (October 2021)

With the popularity of this inner-city suburb on the rise, there is no better time to secure your own piece of it. If you are looking for an investment or a place to call home or even a combination of both, then this property will suit you. With the opportunity of high rental return and capital growth this home has plenty to offer, with a long list of features:

* Spacious 6_bedroom home

* Self-contained, air-conditioned studio granny flat at the rear
* Roomy rear deck with views of Throsby Creek
* Laminate eat-in kitchen with gas cooking
* Polished floorboards in the living area, carpet in the bedrooms
* Situated on 271m2 block
* 2 bathrooms inside the house
* Located opposite Tighes Hill Public School

For the investor, the current owner is willing to lease the property back at a rental of $1,350/week for 2 years. There is also the possibility that he would look to extend the lease at the end of that time.

For the owner occupier you could lease out the home for 2 years, earning $70,200/year in income while you create the plans for your dream future home. Or you could move into the house and lease out downstairs on Air BNB to supplement your income, with a current income of $80/night +cleaning costs.

There is so much to like about this opportunity in the sought-after suburb of Tighes Hill. The location is close to public transport and cycleways that provide easy access to the city, the harbour, beaches and Newcastle University. It is also a short walk to the TAFE and popular cafes and hotels.

After owing this home for over 30 years this owner is ready to work on new projects and is regrettably offering this property for sale. This is a fantastic opportunity to get an outstanding investment with excellent capital growth in a location that is growing in popularity and demand. Contact agent and register your interest today.

Council Rates: $2,073/annum
Water Rates: $2,322/annum, including usage

Inspections NOTICE
Under NSW Public Health order, NSW Government lockdown restrictions, residents from the Greater Sydney, Blue Mountains, Wollongong, Shellharbour and Central Coast areas and persons that have visited these areas from 21st June 2021, can not attend inspections either private or open under the new 'Stay at Home' orders issued 9/07/21. Please contact the sales agent to organise a virtual inspection as an alternative way to view the property. We thank you for your cooperation and look forward to welcoming you back in person soon.

Property History for 53 Bryant St, Tighes Hill, NSW 2297

A timeline of how this property has performed in the market
  • 13 Oct 2020
    Listed for Sale $990,000 - $1,020,000

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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 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.