SOLD
RECENT ADVICE
Sold on 13 May 2024 for $355,000

11/102 Bridge Street
Waratah NSW 2298

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 11/102 Bridge St, Waratah

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.

Building Type
Unit
Local Government
Newcastle
Lot/Plan
11/SP5701

Last Listing description (May 2024)

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.

Positioned close proximity to:
Waratah train Station
Waratah Shopping Village
Mater and John Hunter Hospitals
The University of Newcastle

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.


Property History for 11/102 Bridge St, Waratah, NSW 2298

A timeline of how this property has performed in the market
Last Sold
$355,000
13 May 2024
Listed for Rent
17 Jul 2024
  • 15 Jul 2024
    Listed for Rent $420 / week
  • 13 May 2024
    Sold for $355,000
  • 29 Apr 2024
    Listed for Sale RECENT SALES
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About Waratah 2298

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:

  • The median value for Houses in Waratah is $860,621 while the median value for Units is $603,408.
  • Houses have a median rent of $605 while Units have a median rent of $515.
There are currently 4 properties listed for sale, and 6 properties listed for rent in Waratah on OnTheHouse. According to CoreLogic's data, 103 properties were sold in the past 12 months in Waratah.

Suburb Insights for Waratah 2298

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Contact agent
Robert Russell
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CENTURY 21 Novocastrian (Newcastle)
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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.