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Sold on 11 Jul 2024 for $525,000

5/17 Macquarie Street
Wallsend NSW 2287

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
Land area: 1012m2
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Property Details for 5/17 Macquarie St, Wallsend

5/17 Macquarie St, Wallsend is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1991. The property has a land size of 1012m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Wallsend in the last 12 months.

Building Type
Unit
Year Built
1991
Floor Size
83m2
Land Size
1012m2
Local Government
Newcastle
Lot/Plan
5/SP41056

Last Listing description (July 2024)

Tucked away at the back of a cosy unit complex, this distinctive unit presents an excellent opportunity for investors or first-time homeowners. The heart of the home features an open-plan kitchen and living space, bathed in natural light, which makes the area feel both welcoming and spacious. The kitchen is smartly laid out, perfect for culinary adventures and easy entertaining.

On the lower level, you'll find a versatile study or utility room, offering a multipurpose space that can adapt to your needs—be it a quiet home office, a creative studio, or additional storage. Moving upstairs, the bedrooms are comfortable and functional, each fitted with built-in robes to maximise space and minimise clutter.

Outside, the generous courtyard provides a delightful private space for outdoor relaxation or social gatherings. This outdoor area is an ideal spot for weekend barbecues or a tranquil morning coffee. Completing the picture of convenience is the attached personal laundry, enhancing the practicality of this appealing unit.

With its unique design and thoughtful layout, this unit is perfectly positioned as a promising investment or a fantastic entry point into the housing market. It's ready and waiting for someone to bring their personal touch and make it their home.

- Open-plan kitchen and living area
- Flexible study/utility room
- Private spacious courtyard
- Built in robes in bedrooms

Strata: Approx $1,406/qtr
Rates: Approx $380/qtr
Rent: $500 - $550

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Property History for 5/17 Macquarie St, Wallsend, NSW 2287

A timeline of how this property has performed in the market
Last Sold
$525,000
11 Jul 2024
Listed for Rent
$500/w
23 Mar 2023
  • 11 Jul 2024
    Sold for $525,000
  • 29 Apr 2024
    Listed for Sale New to Market
  • 07 Mar 2023
    Listed for Rent $500 / 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 6,683 properties. Over the last 5 years, Houses in Wallsend have seen a 72.15% increase in median value, while Units have seen a 55.01% increase. As at 31 July 2024:

  • The median value for Houses in Wallsend is $774,867 while the median value for Units is $576,332.
  • Houses have a median rent of $580 while Units have a median rent of $520.
There are currently 14 properties listed for sale, and 10 properties listed for rent in Wallsend on OnTheHouse. According to CoreLogic's data, 322 properties were sold in the past 12 months in Wallsend.

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