OFF MARKET

12 Dickson Street
Wickham NSW 2293

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 110m2
Land area: 214m2
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Last updated 11 Nov 2024
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Property Details for 12 Dickson St, Wickham

12 Dickson St, Wickham is a 3 bedroom, 1 bathroom House. The property has a land size of 214m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in September 1994.

Building Type
House
Floor Size
110m2
Land Size
214m2
Local Government
Newcastle
Lot/Plan
11/DP1205645

Last Listing description (November 2024)

Unlock the potential of Wickham with this strategically positioned three-bedroom, one-bathroom home at 12 Dickson Street. A prime position just 3.5kms from the Newcastle CBD and a mere 350m from the Wickham Interchange and what is to be the future commercial CBD of Newcastle.

An opportunity to capitalise on this precinct's significant growth and development as set out in the Wickham Master Plan, a comprehensive urban revitalization plan that supports enhanced infrastructure, community facilities, and amenities in line with a modern, bustling city centre.

An opportunity on multiple fronts. Potential for immediate uplift in value through smart cosmetic renovation to rejuvenate this classic home and enhance rental income prospects. Go big with major renovations or a complete rebuild, mirroring successful transformations completed in the immediate vicinity. Expand upwards or outwards, reconfiguring the floor plan to maximize living space and appeal - subject to council approval of course.

Current stable tenants since 2018, paying $420 per week, with a keen interest in renewing their lease, offering immediate rental continuity.

Current Rent: $420 per week
Outgoings (approx.):
Council rates: $681 per quarter
Water rates: $419.55 per quarter
Zoning: MU1 Mixed use
Lot size: 213.7sqm
Frontage: 10.095m
Side Boundary: 21.235

Whether you're looking to hold and gain from the area's upward trajectory or capitalize on redevelopment potential, 12 Dickson Street offers a versatile investment. Seize the opportunity to craft a modern dwelling or reshape it into a high-yield asset. Perfect for investors or developers who recognize the enduring value of strategic location and growth.

Don't miss out on this Wickham gem. Contact us today to explore the potential and secure your future in one of Newcastle's most promising suburbs.

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Property History for 12 Dickson St, Wickham, NSW 2293

A timeline of how this property has performed in the market
Last Sold
$70,000
08 Sep 1994
Listed for Rent
$380/w
07 Feb 2022
  • 22 Nov 2024
    Listed for Sale Not Disclosed
  • 04 Jan 2022
    Listed for Rent $380 / week
  • 28 Oct 2019
    Listed for Rent $350 / week
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About Wickham 2293

The size of Wickham is approximately 0.7 square kilometres. It has 3 parks covering nearly 17.7% of total area. The population of Wickham in 2011 was 953 people. By 2016 the population was 1,108 showing a population growth of 16.3% in the area during that time. The predominant age group in Wickham is 20-29 years. Households in Wickham are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wickham work in a professional occupation. In 2011, 44.8% of the homes in Wickham were owner-occupied compared with 43.3% in 2016.

Wickham has 1,668 properties. Over the last 5 years, Houses in Wickham have seen a 56.36% increase in median value, while Units have seen a 24.32% increase. As at 31 October 2024:

  • The median value for Houses in Wickham is $1,059,227 while the median value for Units is $773,182.
  • Houses have a median rent of $680 while Units have a median rent of $700.
There are currently 14 properties listed for sale, and 2 properties listed for rent in Wickham on OnTheHouse. According to CoreLogic's data, 78 properties were sold in the past 12 months in Wickham.

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