OFF MARKET

55 Station Street
Waratah NSW 2298

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Land area: 383m2
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Last updated 16 Dec 2024
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Property Details for 55 Station St, Waratah

55 Station St, Waratah is a 3 bedroom, 2 bathroom House. The property has a land size of 383m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
House
Land Size
383m2
Local Government
Newcastle
Lot/Plan
4/DP513264

Last Listing description (July 2023)

Investors, homeowners and business owners, cash in on the possibilities and versatility of this unique property in central Waratah. Currently a family home in need of some upgrades, this property was once rented as two units (2 bedroom at the front and 1 bedroom at the rear). Zoned B2, nestled among a diverse precinct of residential, industrial and retail properties, the possibilities are endless (subject to council approval).

Featuring high ceilings, large open plan living and dining areas, adjacent to the oversized kitchen space. Three bedrooms, and two bathrooms for one residence or split into a two bedroom and one bedroom unit, as used previously.
Located in a popular convenient position just 800m to Waratah Village shopping centre, 600m to Waratah Station, 500m to Callaghan College Waratah Campus, and 1.3km to Mater Calvary Hospital. The property is surrounded by schools, Tilly's Childcare, Town Hall Hotel, just a short drive to Newcastle University, and approximately 10 minutes' drive to Newcastle's famous foreshore and beaches.

Features you will love:
B2 zoned, diverse mixed-use potential
Open-plan layout, with high ceilings throughout
3 bedrooms, 2 bathrooms, open plan living and dining
Walking distance to Waratah Village and Train Station
Low-maintenance, level 379m2 lot.

Investors could choose to reap the benefit of the two incomes or open your own business or retail store and live in one side and lease the other to help pay the mortgage. With some imagination and some refurbishment, this property has amazing upside potential you wont want to miss.

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Property History for 55 Station St, Waratah, NSW 2298

A timeline of how this property has performed in the market
Last Sold
$595,000
10 Nov 2022
  • 10 Nov 2022
    Sold for $595,000
  • 09 Jul 2022
    Listed for Sale $580,000 - $635,000
  • 11 Sep 2001
    Sold for $100,000
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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.

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