86 Newcastle RoadWallsend NSW 2287
Property Details for 86 Newcastle Rd, Wallsend
86 Newcastle Rd, Wallsend is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 511m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom House sold in Wallsend in the last 12 months.
Last Listing description (August 2024)
Are you looking to get a foothold into the property market, searching for a renovation project or site to host a custom new home? This is the enticing opportunity you've been waiting for. Situated on a 511m2 allotment in a central Wallsend location, this original-condition 2 bedroom, 1 bathroom cottage is ready for a new chapter. Roll up your sleeves and refurbish the existing dwelling, with room left over to add a granny flat out the back (STCA). Alternatively, create a clean slate for a custom home, knocking down and rebuilding to suit your style and needs.
Conveniently close to necessary amenities, all your essentials are within close proximity. Stroll to Jesmond Central or Wallsend Village to shop, meet friends for coffee or stock up on supplies. Families will appreciate being within walking distance of James Park and Brickworks Park, with the latter hosting a playground, peaceful pond and plenty of shady spots for a picnic. Multiple education options are within a 5 minute drive, including Newcastle University, as are a variety of Wallsend cafes and restaurants. Further afield, the beach beckons in approx. 15 minutes, with the CBD 20 minutes by car (approx.). Commuters are catered for too, with great accessibility to the Inner City Bypass and M1.
Property Specifications:
- Original condition cottage on a 511m2 block, rich with untapped potential
- Prime opportunity to capitalise on the central location
- Renovate the existing 2-bed, 1-bath, 1-car cottage with room a granny flat (STCA)
- Knock down and rebuild a custom home to suit your style and needs
- Convenient location, walking distance to Jesmond Central and Wallsend Village shops
- 450m to James Park and 850m to Brickworks Park
- Multiple education options within a 5 minute drive, including Wallsend Public School, Elermore Vale Public School, Our Lady of Victories and Callaghan College
- 4 mins to Newcastle University, 5 mins to Wallsend cafes and restaurants (approx.)
- 15 mins to Bar Beach and 20 minutes to Newcastle CBD (approx.)
- Public transport close by, plus great accessibility to the Inner City Bypass and M1
- Council Rates; $1,950.00 pa approx. Water Rates; $818.00 pa + usage approx.
Don't miss your chance to capitalise on the untapped potential on offer – inspect today!
Property History for 86 Newcastle Rd, Wallsend, NSW 2287
- 16 Aug 2024Sold
- 31 Jul 2024Listed for Sale Contact Agent
- 09 Apr 2024Sold
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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 6,680 properties. Over the last 5 years, Houses in Wallsend have seen a 71.22% increase in median value, while Units have seen a 55.67% increase. As at 31 August 2024:
- The median value for Houses in Wallsend is $770,036 while the median value for Units is $579,802.
- Houses have a median rent of $580 while Units have a median rent of $530.
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