11/102 Bridge St, Waratah is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Waratah in the last 12 months.
Welcome to your new home in the heart of the city! This secure top floor unit is located in a complex of 17 units, presenting an enticing proposition for both first-home buyers and seasoned investors alike. Offering updated modern kitchen with ample bench space, open plan living and dining, functional bathroom with opportunity to possibly create internal laundry. Generous mater suite includes built-in robe and Juliette balcony. Single carport offers off street parking. Strong rental history with most recent return of $330 per week equating to an approx. gross return on investment in the vicinity of 5%. Alternatively fantastic opportunity for absolute entry level real estate price wise for any young first home buyer.
Zoning: R2 Low Density Residential
Council: Newcastle
Land Rates: $1492pa approx
Water Rates: $789pa approx
Strata Levies: $2328pa approx
Potential Rent: $330pw approx
We have obtained all information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. Photos maybe digitally edited and include virtual furniture.
The size of Waratah is approximately 1.9 square kilometres. It has 5 parks covering nearly 10.1% of total area. The population of Waratah in 2011 was 4,759 people. By 2016 the population was 4,487 showing a population decline of 5.7% in the area during that time. The predominant age group in Waratah is 20-29 years. Households in Waratah are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Waratah work in a professional occupation. In 2011, 51.5% of the homes in Waratah were owner-occupied compared with 48.8% in 2016.
Waratah has 2,404 properties. Over the last 5 years, Houses in Waratah have seen a 66.46% increase in median value, while Units have seen a 44.78% increase. As at 31 October 2024:
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