OFF MARKET

4 Fogo Street
Wallsend NSW 2287

Bedrooms: 7
Bathrooms: 3
Car spaces: 4
Land area: 1006m2
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Property Details for 4 Fogo St, Wallsend

4 Fogo St, Wallsend is a 7 bedroom, 3 bathroom House with 4 parking spaces and was built in 1950. The property has a land size of 1006m2. While the property is not currently for sale or for rent, it was last sold in February 2020.

Building Type
House
Year Built
1950
Land Size
1006m2
Local Government
Newcastle
Lot/Plan
1/DP214627

Last Listing description (March 2020)

Perfectly positioned in the most convenient of locations and in one of Newcastle's best GROWTH SUBURBS, this amazing residence offers so many possibilities.

- Are you looking for a large family property which provides separate residences for 3 families, elderly parents or teenage children?

- Are you a retiree who would like to live in a beautiful and well cared for residence and also receive a handsome $640 per week income or more from the 2 flats behind?

- Perhaps youre an astute investor looking for a potential 6% return with a property located on a large approx 980m2 block in the heart of Wallsend with 3 homes on one title?

MAIN RESIDENCE
Immaculate weatherboard and tile home featuring 3 double bedrooms, main with built-in wardrobe, separate lounge room with split system air conditioning, quality Blackbutt timber kitchen with stone benchtops opening to dining room which extends to covered timber deck and alfresco area, updated country style bathroom, and separate 2.5 car garage with extra shower and toilet. Potential rent $430 - $460 per week.

FLAT 1
Featuring 2 bedrooms, open-plan lounge and dining room with tidy kitchen, renovated bathroom, separate laundry and single carport. Currently returning $330 per week.

FLAT 2
Offering 2 bedrooms, open-plan lounge and dining room, renovated kitchen, neat and tidy tidy bathroom. Currently returning $310 per week.

Key features:
- Immaculately maintained making it easy for the new owner
- 3 properties on one title - only one set of rates
- Electricity separately metered - tenants pay their own
- Water on one meter and included in rent - new owner can separate
- Potential return of $1100 per week making this a great investment
- Walking distance to shopping centre, public transport, clubs and CBD.

With all this plus so much more to see, call our friendly team on 02 4958 8555 to register your interest and be amongst the first to inspect.

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Property History for 4 Fogo St, Wallsend, NSW 2287

A timeline of how this property has performed in the market
Last Sold
$940,000
18 Feb 2020
  • 18 Feb 2020
    Sold for $940,000
  • 10 Feb 2020
    Listed for Sale $929,999 - $949,999
  • 20 Feb 2018
    Listed for Sale $1,000,000-$1,100,000
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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, 294 properties were sold in the past 12 months in Wallsend.

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