39 Bridge StreetWaratah NSW 2298
Property Details for 39 Bridge St, Waratah
39 Bridge St, Waratah is a 7 bedroom, 2 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 816m2 and floor size of 345m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
Last Listing description (June 2022)
This renovated period style home has been very well maintained and offers a fabulous income stream for investors.
Established as student and share accommodation, there are nine bedrooms, with all except one currently occupied with long-term tenants. Also on offer are three living areas including a huge rumpus room, two bathrooms, and ducted air conditioning.
A large ultra-modern chef's kitchen is the heart of the home, opening on to a spacious covered entertaining deck, overlooking landscaped grounds with a sparkling in-ground pool.
Total rent of $1230 per week with only 2 rooms vacant sees the income able to go to approx. $1560 per week, being approx. $81,120 per year.
All this and within proximity to the Mater Hospital, Waratah Shopping Village, and Newcastle University.
Call our friendly team today on 02 4958 8555 to secure your inspection.
Property History for 39 Bridge St, Waratah, NSW 2298
- 30 May 2022Sold for $1,150,000
- 10 Nov 2021Listed for Sale $1,150,000
- 19 Oct 2021Listed for Rent $165 / week
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0About 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 2,439 properties. Over the last 5 years, Houses in Waratah have seen a 66.47% increase in median value, while Units have seen a 46.18% increase. As at 31 July 2024:
- The median value for Houses in Waratah is $854,135 while the median value for Units is $591,036.
- Houses have a median rent of $610 while Units have a median rent of $480.
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