SOLD
Sold on 11 Mar 2024 for $610,000

53 Robert Street
Wallsend NSW 2287

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 91m2
Land area: 404m2
Sold By
Creative Property Wallsend
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Property Details for 53 Robert St, Wallsend

53 Robert St, Wallsend is a 2 bedroom, 2 bathroom House with 1 parking spaces and was built in 1920. The property has a land size of 404m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom House sold in Wallsend in the last 12 months.

Building Type
House
Year Built
1920
Floor Size
91m2
Land Size
404m2
Local Government
Newcastle
Lot/Plan
1/DP995385

Last Listing description (April 2024)

Discover a remarkable opportunity that beckons in the vibrant heart of Wallsend, merely moments from Nelson Street. A distinctive property awaits, offering a unique proposition—a single residence ingeniously divided into two independent one-bedroom studios. This setup not only presents a compelling project or development venture but also an investment that's too good to overlook.

The residence, currently segmented into two self-contained units, provides a seamless blend of versatility and independent living. The second unit is an active income source, tenanted for $255 per week on a continuing lease by a committed long-term occupant, illustrating the property's immediate financial appeal.

Occupying a generous, almost level block, its position is unrivaled for those eager to embark on a renovation journey or to secure a prudent investment. Each unit is thoughtfully equipped with its own kitchen and bathroom, affirming autonomy and ease for its residents. The property is further enhanced by separate electricity metering for each studio, a single lock-up garage offering secure parking or additional storage, and an external lawn locker for supplementary outdoor storage demands.

This property's dual-unit configuration, combined with its prime location, makes it an irresistible proposition for renovators envisaging their next undertaking or investors looking to seize a strategic acquisition. This is your invitation to shape a promising property into a triumph. Don't let this unparalleled opportunity to own a house cleverly divided into two units in Wallsend's dynamic CBD pass you by.

- Two, one bedroom units under one roofline
- Moments from Nelson Street shops
- Dual electricity metered
- Level block in excellent location

Land Size: Approx 400m2
Rates: Approx $489/qtr
Rent: $500 - $600 (combined)

Property History for 53 Robert St, Wallsend, NSW 2287

A timeline of how this property has performed in the market
Last Sold
$610,000
11 Mar 2024
Listed for Rent
$210/w
23 Feb 2017
  • 11 Mar 2024
    Sold for $610,000
  • 29 Feb 2024
    Listed for Sale New to Market
  • 26 Mar 2021
    Listed for Sale New to Market
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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 6,604 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 18 properties listed for sale, and 14 properties listed for rent in Wallsend on OnTheHouse. According to CoreLogic's data, 286 properties were sold in the past 12 months in Wallsend.

Suburb Insights for Wallsend 2287

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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.