OFF MARKET

51/75 Abbott Street
Wallsend NSW 2287

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 49m2
Land area: 6642m2
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Property Details for 51/75 Abbott St, Wallsend

51/75 Abbott St, Wallsend is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 6642m2 and floor size of 49m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
Unit
Year Built
2012
Floor Size
49m2
Land Size
6642m2
Local Government
Newcastle
Lot/Plan
78/SP86400

Last Listing description (December 2021)

This unit offers the best of both worlds, a central location close to shops, parks and public transport, and maintenance free first floor living! The unit is currently rented and is the perfect investment opportunity, or would also suit first home buyers or downsizers.

The modern unit boasts a generous bedroom with built in wardrobe, a neat tiled bathroom and laundry, modern kitchen, large open living and dining room, study nook, and a balcony with views of the internal complex courtyard and greenery. The property also includes floorboards through the living areas and bedroom, tiling to the kitchen and bathroom, air conditioning, and a designated open car parking space.

Located close to the beautiful Wallsend Brickworks Park (2 min), Jesmond Central Shopping Centre (2 min), University of Newcastle (4 mins), John Hunter Hospital and Newcastle Private Hospital (6 mins), while being an easy drive from Newcastle's CBD.

The features of this property are as follows:
- Bedroom with built-in wardrobe
- Combined Bathroom & Laundry
- Modern Kitchen
- Large Living & Dining Area
- Study Nook
- Linen Cupboard
- Designated Open Car Parking Space
- Balcony
- Private Stairs to Unit
- First Floor Unit
- Split System Air Conditioner
- Close to Shops, Schools and Transport

Currently rented for $340 per week (lease ends 6 July 2022).
Strata Fees - $497.05 per quarter.
Land Rates - $323.70 per quarter.
Water Rates - $210 per third plus usage.

A copy of the contract for sale is available for your information.

Property History for 51/75 Abbott St, Wallsend, NSW 2287

A timeline of how this property has performed in the market
Last Sold
$400,000
29 Oct 2021
Listed for Rent
$330/w
23 Jun 2021
  • 29 Oct 2021
    Sold for $400,000
  • 07 Oct 2021
    Listed for Sale Guide $395,000
  • 11 Jun 2021
    Listed for Rent - Price not available
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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 6,600 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 15 properties listed for sale, and 13 properties listed for rent in Wallsend on OnTheHouse. According to CoreLogic's data, 290 properties were sold in the past 12 months in Wallsend.

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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.