OFF MARKET

48 Arthur Street
Worrigee NSW 2540

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 166m2
Land area: 754m2
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Last updated 16 Sep 2024
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Property Details for 48 Arthur St, Worrigee

48 Arthur St, Worrigee is a 4 bedroom, 2 bathroom House and was built in 2000. The property has a land size of 754m2 and floor size of 166m2. While the property is not currently for sale or for rent, it was last sold in February 2002.

Building Type
House
Year Built
2000
Floor Size
166m2
Land Size
754m2
Local Government
Shoalhaven
Lot/Plan
205/DP1037127

Last Listing description (December 2015)

809m2 block of land situated moments from Newcastle's CBD. It's a rare offering to find a vacant block of land this size with potential of a rental yield during the D.A process, sitting at the back of the land is a small unit consisting of 1 bedroom, bathroom, laundry, living room and kitchen. This unit will not obstruct the commencement of a multi dwelling development.
This property gives an opportunity to build a duplex or town house arrangement, If you have been looking for an opportunity to maximise your dollars, do a (Joint Venture) and build a duplex with a partner and halve the cost.
This property allows for

multiple options, please consult the Newcastle council for further details.

- 809m2
- Development potential
- Re-Build
- Prime Location

Property History for 48 Arthur St, Worrigee, NSW 2540

A timeline of how this property has performed in the market
Last Sold
$56,500
21 Feb 2002
  • 29 Oct 2015
    Listed for Sale OFFERS OVER $375,000
  • 21 Feb 2002
    Sold for $56,500

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About Worrigee 2540

The size of Worrigee is approximately 17 square kilometres. It has 6 parks covering nearly 29.5% of total area. The population of Worrigee in 2011 was 4,552 people. By 2016 the population was 5,073 showing a population growth of 11.4% in the area during that time. The predominant age group in Worrigee is 0-9 years. Households in Worrigee are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Worrigee work in a trades occupation. In 2011, 67.6% of the homes in Worrigee were owner-occupied compared with 62.2% in 2016.

Worrigee has 2,068 properties. Over the last 5 years, Houses in Worrigee have seen a 54.96% increase in median value, while Units have seen a 56.52% increase. As at 31 August 2024:

  • The median value for Houses in Worrigee is $793,653 while the median value for Units is $604,110.
  • Houses have a median rent of $570 while Units have a median rent of $500.
There are currently 13 properties listed for sale, and 2 properties listed for rent in Worrigee on OnTheHouse. According to CoreLogic's data, 88 properties were sold in the past 12 months in Worrigee.

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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.