SOLD
Sold on 24 Apr 2024 for $450,000

3/181 Nelson Street
Wallsend NSW 2287

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 75m2
Land area: 1159m2
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Property Details for 3/181 Nelson St, Wallsend

3/181 Nelson St, Wallsend is a bedroom, bathroom Unit with 1 parking spaces. The property has a land size of 1159m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other bedroom Unit sold in Wallsend in the last 12 months.

Building Type
Unit
Floor Size
75m2
Land Size
1159m2
Local Government
Newcastle
Lot/Plan
3/SP54292

Last Listing description (July 2016)

Single storey retail shop
Currently occupied with an income of $24,310 per annum
Leased to 31/5/2019 plus a 5 year option

The lettable area is 75sqm in total
Brick building with metal roof and awnings plus incorporating aluminium glazed framed shop front to Nelson Street and Dan Rees Street, Wallsend
Within the Newcastle LEP
Benefiting from proximity to Council car parking areas directly opposite
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.

Property History for 3/181 Nelson St, Wallsend, NSW 2287

A timeline of how this property has performed in the market
Last Sold
$450,000
24 Apr 2024
  • 24 Apr 2024
    Sold for $450,000
  • 20 Jun 2016
    Sold for $348,000
  • 28 Nov 2015
    Listed for Sale Not Disclosed
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About Wallsend 2287

The size of Wallsend is approximately 13.5 square kilometres. It has 41 parks covering nearly 6.7% of total area. The population of Wallsend in 2011 was 12,308 people. By 2016 the population was 12,458 showing a population growth of 1.2% in the area during that time. The predominant age group in Wallsend is 20-29 years. Households in Wallsend are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wallsend work in a professional occupation. In 2011, 65.5% of the homes in Wallsend were owner-occupied compared with 61.2% in 2016.

Wallsend has 6,595 properties. Over the last 5 years, Houses in Wallsend have seen a 68.79% increase in median value, while Units have seen a 53.05% increase. As at 31 October 2024:

  • The median value for Houses in Wallsend is $775,654 while the median value for Units is $583,035.
  • Houses have a median rent of $590 while Units have a median rent of $545.
There are currently 17 properties listed for sale, and 14 properties listed for rent in Wallsend on OnTheHouse. According to CoreLogic's data, 285 properties were sold in the past 12 months in Wallsend.

Suburb Insights for Wallsend 2287

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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.