OFF MARKET

73 Lorna Street
Waratah NSW 2298

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Floor area: 159m2
Land area: 1477m2
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Property Details for 73 Lorna St, Waratah

73 Lorna St, Waratah is a 4 bedroom, 1 bathroom House and was built in 1930. The property has a land size of 1477m2 and floor size of 159m2. While the property is not currently for sale or for rent, it was last sold in June 2020.

Building Type
House
Year Built
1930
Floor Size
159m2
Land Size
1477m2
Local Government
Newcastle
Lot/Plan
73/DP1244189

Last Listing description (February 2024)

With all lifestyle conveniences on your doorstep including the vibrant local shopping centre at Waratah Village, this original brick dwelling sits on a huge 1,472sqm landholding, and offers an excellent location to unleash your new home or development dreams. The location and size of the block allows for a range of options including multi-dwelling housing, similar to developments recently completed in the immediate surrounds. This central address puts within 8km of Newcastle CBD and beaches, with the convenience of the Mater Hospital across the road, great local schools, and Newcastle University just a 5-minute walk. Explore all the options including renovation, subdivision, knock-down rebuild, or multi-unit development, all subject to council approval.

- Total block size of 1472sqm
- Frontage of 20.195m; east boundary 75.14m, west boundary 72.575m, rear boundary 19.96m

- Zoning is R2 Low Density
- Older style 5-bedroom brick home, in need of renovation
- North-east facing backyard, with sheds and large carport
- Any plans to rebuild or develop are subject to council approval
- Close to Mater Hospital, Newcastle University, and quality schools
- 1.6km from Waratah Shopping Village
- 8km from the Newcastle CBD, harbour and beaches

Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 73 Lorna St, Waratah, NSW 2298

A timeline of how this property has performed in the market
Last Sold
$790,000
25 Jun 2020
  • 25 Jun 2020
    Sold for $790,000
  • 28 May 2020
    Listed for Sale Auction - Guide $580,000 - $630,000

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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 2,402 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 3 properties listed for sale, and 5 properties listed for rent in Waratah on OnTheHouse. According to CoreLogic's data, 101 properties were sold in the past 12 months in Waratah.

Suburb Insights for Waratah 2298

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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.