Back 31 Fletcher Street
Off Market

31 Fletcher Street

Wallsend NSW 2287

5
2
3
116 m²
695.6 m²
House
Last sold for $860,000
Lisa BrzozowskiLisa Brzozowski, last sold this property on 26 May 2025 after 26 days on market.

Overview

Dual Income Opportunity - Prime Investment with Expansion Potential!

Unlock the full potential of this rare dual-income opportunity positioned perfectly on a level 695sqm corner block in sought-after Wallsend. This property features a versatile setup offering immediate returns and exciting future prospects! • Main Residence: A versatile 2 or 3-bedroom home ready to move in or update for even higher rental returns. • Second Dwelling: A self-contained 2-bedroom flat under the same roofline - ideal for multi-generational living, rental income, or future expansion into a larger family home. • Flexible Living Options: Renovate and open up the home to seamlessly connect with the flat, creating one large family residence - while still enjoying a generous backyard for kids and pets! • Future Development Potential: With wide 20m frontage and 33m depth, there's also space to add a third separate dwelling (STCA), maximizing your investment even further. Currently, both dwellings are ready for lease: • Main Home Rental Estimate: $550 per week • Flat Rental Estimate: $450 per week (= Total estimated rental income: $1,000 per week!) Highlights: • Solid rental returns from day one • Huge value-add potential with renovations or reconfiguration • Flat, easy-to-build-on block • Corner positioning offers great access and privacy for multiple dwellings • Convenient location: • 2 mins to Callaghan Campus Wallsend • Walk to Plattsburg Public School • Moments to Wallsend Village and Wallsend Pool Perfect for investors, large families wanting extra space, or savvy developers looking for strong yield and future growth options. Opportunities like this are rare - don't miss out!

Features

5 bedrooms
2 bathrooms
3 carspaces
2 carport spaces
1 open car space
116 m² floor area
695.6 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Wallsend over the last 12 months, the estimated median property value of 31 Fletcher Street is $1.15m.

Median value
$1.15m
Estimated value range
$800k - $1.4m
Median days on market
28
Estimated value trend
21%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Wallsend. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 31 Fletcher Street

2025
Rented
Undisclosed
Leased on 13 Jul 2025 by Raine & Horne New Lambton | Wallsend
2025
Sold
$860,000
26 May 2025 by Lisa Brzozowski, of Raine & Horne New Lambton | Wallsend

Happy sellers in Wallsend

94%
94% of sellers in Wallsend reported that their sale price either exceeded or met their price expectations.

Wallsend stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 46 reviews in Wallsend over the last 12 months.

Local market activity for 5 bedroom houses in Wallsend

In the last 12 months, 8 five-bedroom houses similar to 31 Fletcher Street, have been sold.

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