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Sold on 07 Aug 2024 for $520,000

34/75 Abbott Street
Wallsend NSW 2287

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 81m2
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Property Details for 34/75 Abbott St, Wallsend

34/75 Abbott St, Wallsend is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. The property has a floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Wallsend in the last 12 months.

Building Type
Unit
Year Built
2012
Floor Size
81m2
Local Government
Newcastle
Lot/Plan
55/SP86397

Last Listing description (August 2024)

Well positioned within the sought after 'Abbotts Leigh' complex is this single level, two-bedroom villa presenting the ideal opportunity for first home buyers, investors and downsizers alike. Enjoy the ultra-convenient location near public transport, shops, cafes and parks, with the Newcastle Uni a mere 2.5km away and Newcastle CBD only 10km.

- Comfortable two-bedroom unit in close proximity to amenities and public transport
- Free flowing lounge and dining area with reverse-cycle air conditioning

- U-shaped kitchen with gas cooktop and dishwasher
- Both bedrooms fitted with built in wardrobes
- Private and low maintenance courtyard with undercover patio
- Single lockable garage plus additional visitor parking spaces
- Located 1km to Jesmond Central and 2.5km to Newcastle University

Current Rental Return: $490 per week
Estimated Market Rent: $500 - $530 per week

Council Rates: $365 per quarter
Water Rates: $255.30 + Usage per quarter
Strata Fees: Approx $560 per quarter

Disclaimer:
While Lisa Macklin Property has taken all care preparing this advertisement and the information contained has been obtained from sources that we believe to be reliable, Lisa Macklin Property does not represent, warrant, or guarantee the accuracy, adequacy, or completeness of the information. Lisa Macklin Property accepts no liability for any loss or damage from reliance on this information.

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Property History for 34/75 Abbott St, Wallsend, NSW 2287

A timeline of how this property has performed in the market
Last Sold
$520,000
07 Aug 2024
Listed for Rent
$490/w
31 Aug 2023
  • 07 Aug 2024
    Sold for $520,000
  • 01 Aug 2024
    Listed for Sale Guide $490,000
  • 19 Jan 2023
    Listed for Rent $470 / 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 6,606 properties. Over the last 5 years, Houses in Wallsend have seen a 71.33% increase in median value, while Units have seen a 56.12% increase. As at 30 September 2024:

  • The median value for Houses in Wallsend is $778,125 while the median value for Units is $587,709.
  • Houses have a median rent of $580 while Units have a median rent of $530.
There are currently 25 properties listed for sale, and 11 properties listed for rent in Wallsend on OnTheHouse. According to CoreLogic's data, 295 properties were sold in the past 12 months in Wallsend.

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