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Back 88 Blue Gum Rd
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88 Blue Gum Rd

Jesmond NSW 2299

2
1
2
324 m²
House
Currently for sale - view listing

Overview

Strategic Jesmond Investment Opportunity Walk to Newcastle University & Stockland Jesmond

Positioned in one of Jesmond's most convenient locations, this character-filled two-bedroom home presents an excellent opportunity for investors, first-home buyers or those seeking a property with strong rental appeal. Enjoying a level position within easy walking distance of the University of Newcastle, Stockland Jesmond, local shops, public transport and everyday amenities, the property combines location, comfort and practical living with an established rental return. The home offers a comfortable living area, separate dining/meals area and a bright, sunny kitchen, together with a versatile utility or storage room adjoining the separate Colorbond garage. Property Features: Two well-sized bedrooms Comfortable living area with plenty of natural light Separate dining/meals area Sunny, functional kitchen Versatile study, storage or utility room at the rear of the garage, with air conditioning Level, fully fenced backyard with space for a vegetable garden and pets Pleasant undercover pergola area between the house and garage Separate Colorbond lock-up garage Carport and off-street parking for up to three vehicles Conveniently positioned within an easy walk to Jesmond shops Close to the University of Newcastle and Stockland Jesmond Excellent access to public transport and local amenities Currently leased at $790 per week An Investment with Strong Location Appeal With the University of Newcastle nearby and consistent demand from students, professionals and local residents, Jesmond continues to offer an attractive investment profile. Current market data shows continued rental growth in the suburb, while the broader Newcastle market has also recorded solid price and rental growth. Whether you're looking to add to your investment portfolio, secure a property in a tightly connected location, or purchase your first home, this property offers a compelling combination of location, versatility and immediate rental income. Don't miss this opportunity to secure a well-positioned property in the heart of Jesmond.

Features

2 bedrooms
1 bathroom
2 carspaces
324 m² lot size
House

Property history for 88 Blue Gum Rd

2016
Sold
$358,000
Private Sale/Treaty on 15 Sep 2016 by Paul Jones, of Creative Property Co. Wallsend

Happy sellers in Jesmond

98%
98% of sellers in Jesmond reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 14 reviews in Jesmond over the last 12 months.

Local market activity for 2 bedroom houses in Jesmond

In the last 12 months, 4 two-bedroom houses similar to 88 Blue Gum Rd, have been sold.

This represents a 300% decrease in two-bedroom houses sales when compared to the previous 12 months.

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