3/23 Minmi RoadWallsend NSW 2287
Property Details for 3/23 Minmi Rd, Wallsend
3/23 Minmi Rd, Wallsend is a 3 bedroom, 1 bathroom Townhouse with 2 parking spaces and was built in 1998. The property has a land size of 1607m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Last Listing description (November 2024)
This versatile single level villa would make a perfect addition/start to investment portfolio with existing $530 per week offering a gross return of 4.7%. Presently an expired lease still caters for any first home buyers or downsizers alike as well. Situated in a boutique complex of only 5 villas, with 3 bedrooms, double garaging with additional storage nook delivering a sort after appeal. Nicely tiled flooring through spacious living room and dining area. Generous rear courtyard with retractable cover. Low maintenance/Easy lifestyle living can be enjoyed from this property that is competitively priced. Located within 200m walking distance of 7 eleven, take away food and hotel. Inspect today as will sell quickly!
Zoning: R2 Low Density Residential
Council: Newcastle
Water Rates: $694pa approx
Strata Levies: $4000pa approx
Current Rent: $530p/wk
We have obtained all information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Property History for 3/23 Minmi Rd, Wallsend, NSW 2287
- 11 Aug 2023Sold for $555,000
- 18 Jul 2023Listed for Sale RECENT SALES
- 01 Sep 2020Listed for Rent $450 / week
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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.
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