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Sold on 18 Jan 2024 for $1,075,000

161 Christo Road
Waratah NSW 2298

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 1104m2
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Property Details for 161 Christo Rd, Waratah

161 Christo Rd, Waratah is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1104m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 3 bedroom House sold in Waratah in the last 12 months.

Building Type
House
Land Size
1104m2

Last Listing description (January 2024)

Comfortable, refurbished weatherboard & tile home with polished timber floors and high ceilings throughout. Positioned forward on massive 1104m2 block less than 2km from two shopping hubs with their public transport, shopping and services this property offers built-in development potential as well as a lovely spacious home.

There are three large bedrooms, all with ceiling fans and two include built-in robes. A generous, modern kitchen includes stainless steel 90cm gas upright cooker and canopy rangehood, plentiful storage & bench tops plus a convenient servery window through to the light filled open plan living area with ceiling fan. Off the kitchen is a separate meals space as well as formal dining.

Looking out to the landscaped inground pool and huge back yard is the covered entertaining deck. A side drive gives vehicle access to the single garage at rear.

Land size alone comes with inherent investment/development potential. Coupled with proximity to shops, University, schools, parks and under 6km to Newcastle CBD, adroit investors and home seekers take note. Currently rented to happy tenants, you can sit on good rental return until you decide how to proceed.

For further details contact Allen Reece on 0409 814 400 or email sales@reecerealty.com.au

Property History for 161 Christo Rd, Waratah, NSW 2298

A timeline of how this property has performed in the market
Last Sold
$1,075,000
18 Jan 2024
  • 18 Jan 2024
    Sold for $1,075,000
  • 15 Nov 2023
    Listed for Sale Not Disclosed
  • 31 Oct 2013
    Listed for Sale Offers over $495 000

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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 2,442 properties. Over the last 5 years, Houses in Waratah have seen a 63.22% increase in median value, while Units have seen a 41.93% increase. As at 30 November 2024:

  • The median value for Houses in Waratah is $868,753 while the median value for Units is $592,193.
  • Houses have a median rent of $650 while Units have a median rent of $500.
There are currently 2 properties listed for sale, and 7 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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Allen Reece
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ReeceRealty - 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.