OFF MARKET

38 Kimian Avenue
Waratah West NSW 2298

Bedrooms: 9
Bathrooms: 2
Car spaces: 1
Floor area: 270m2
Land area: 588m2
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Property Details for 38 Kimian Ave, Waratah West

38 Kimian Ave, Waratah West is a 9 bedroom, 2 bathroom House with 1 parking spaces and was built in 1975. The property has a land size of 588m2 and floor size of 270m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
House
Year Built
1975
Floor Size
270m2
Land Size
588m2
Local Government
Newcastle
Lot/Plan
19/DP243840

Last Listing description (March 2023)

A unique opportunity exists with this unfinished project, definitely one for renovators, builders or tradies and a great opportunity for those looking to enter the market and add future value.

With a partly commenced renovation under way, the owners vision to embark on a full interior do-over has set the groundwork for a keen property enthusiast to complete the fit-out to an already solid brick and tile home, set in an elevated position with views. The majority of the interior is stripped down to wall beams, and prepared for a refit that includes kitchens and bathrooms on both levels, which are currently plumbed in. There is a separate laundry and powder room downstairs, and original family bathroom.

The ideal buyer will benefit from the profitability of the finished 9 bedroom, 2 kitchen home. It will be a spectacular property when it is finished.

Positioned within walking distance to Newcastle University, Jesmond Shopping Centre and bus stops, and a short drive to Newcastle city and beaches.

For more information about this great opportunity, call us on 02 4958 8555, 7 days.

Property History for 38 Kimian Ave, Waratah West, NSW 2298

A timeline of how this property has performed in the market
Last Sold
$850,000
16 Feb 2023
Listed for Rent
$130/w
09 Dec 2016
  • 16 Feb 2023
    Sold for $850,000
  • 07 Feb 2023
    Listed for Sale PREVIEW
  • 30 Nov 2016
    Sold for $666,000
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About Waratah West 2298

The size of Waratah West is approximately 1.7 square kilometres. It has 11 parks covering nearly 25.8% of total area. The population of Waratah West in 2011 was 2,676 people. By 2016 the population was 3,000 showing a population growth of 12.1% in the area during that time. The predominant age group in Waratah West is 20-29 years. Households in Waratah West are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Waratah West work in a professional occupation. In 2011, 60.4% of the homes in Waratah West were owner-occupied compared with 55.6% in 2016.

Waratah West has 1,318 properties. Over the last 5 years, Houses in Waratah West have seen a 71.26% increase in median value, while Units have seen a 43.29% increase. As at 31 October 2024:

  • The median value for Houses in Waratah West is $843,824 while the median value for Units is $597,434.
  • Houses have a median rent of $593 while Units have a median rent of $545.
There are currently 4 properties listed for sale, and 2 properties listed for rent in Waratah west on OnTheHouse. According to CoreLogic's data, 73 properties were sold in the past 12 months in Waratah west.

Suburb Insights for Waratah West 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.