SOLD
Sold on 20 Mar 2024 for $250,000

54/31 Warabrook Boulevard
Warabrook NSW 2304

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 40m2
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Property Details for 54/31 Warabrook Bvd, Warabrook

Building Type
Commercial
Land Size
40m2
Local Government
Newcastle
Lot/Plan
54/SP99971

Last Listing description (April 2023)

Located in the popular Warabrook Business Precinct, only minutes to the Newcastle CBD and with easy access to the Port and Airport.

This premium industrial unit is situated within a fully fenced, secure development with CCTV monitoring and convenient onsite bathroom amenities and shower.

The unit features full concrete tilt panel construction, automatic roller door with separate glass PA door entry, NBN connectivity and internal kitchenette as well as a timber mezzanine level providing additional work and storage space.

The perfect solution for small businesses, trades depot, e-commerce distribution or just a place to store your business or personal archives.

Contact our office to arrange your inspection today.

Property History for 54/31 Warabrook Bvd, Warabrook, NSW 2304

A timeline of how this property has performed in the market
Last Sold
$250,000
20 Mar 2024
Listed for Rent
$19k/w
20 Apr 2023
  • 20 Mar 2024
    Sold for $250,000
  • 08 Mar 2023
    Listed for Rent $18,980 / week
  • 11 Feb 2022
    Listed for Sale $300 / week all inclusive | $199,000
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About Warabrook 2304

The size of Warabrook is approximately 1.5 square kilometres. It has 7 parks covering nearly 18.4% of total area. The population of Warabrook in 2011 was 2,091 people. By 2016 the population was 1,973 showing a population decline of 5.6% in the area during that time. The predominant age group in Warabrook is 20-29 years. Households in Warabrook are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Warabrook work in a professional occupation. In 2011, 67% of the homes in Warabrook were owner-occupied compared with 61.9% in 2016.

Warabrook has 1,021 properties. Over the last 5 years, Houses in Warabrook have seen a 79.89% increase in median value, while Units have seen a 43.47% increase. As at 31 October 2024:

  • The median value for Houses in Warabrook is $949,505 while the median value for Units is $586,278.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently no properties listed for sale, and 1 property listed for rent in Warabrook on OnTheHouse. According to CoreLogic's data, 32 properties were sold in the past 12 months in Warabrook.

Suburb Insights for Warabrook 2304

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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.