Back 9 Corindi Street
Off Market

9 Corindi Street

Wallsend NSW 2287

3
1
1
803 m²
House
Damon SellisDamon Sellis, last sold this property on 19 April 2022 after 54 days on market.

Overview

Large Block Ripe for Renovation or Development

First homebuyers chasing that elusive initial step, property renovators seeking their next project, or developers searching for a good size block for a duplex or townhouse development should not go past this three-bedroom home. Already updated with a new Colorbond roof, there’s no denying the inside needs beautification and repair, ready and waiting for you to roll your sleeves up. The real value however may lie in the 803sqm block with approximate 15.24m wide frontage where there is plenty of room to extend the home, add a second dwelling or knock down and start again with one home or several (all subject to council approval). Corindi Street is sandwiched between James Park and beautiful Brickworks Park and is just 1200m from Jesmond Central shopping centre, 2.6km from the University of Newcastle, and an easy commute to the city and freeway via link roads. - Single level fibro home with new Colorbond roof on north facing 803sqm block. - Approximate block dimensions of 15.24m x 52.73m. - In need of total renovation. - Natural gas fitted to home. - 1500m to Wallsend Public school; 2km to St Patrick’s Primary. - 15 minute drive into Newcastle city centre, 10 minutes to the freeway. Potential Rental Return: $480 - $520 per week approx (after basic renovations) Council Rates: $1800.00 per annum approx Water Rates: $814.91 per annum approx Covid-19 Precautionary Measures: - If you are feeling unwell or have tested positive to Covid-19 in the past 7 days, we respectively request that do not attend our inspections and contact us to make alternative arrangements. DISCLAIMER We have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including without limitation, any income, rentals, dimensions, areas, zoning and permits.

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
803 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Wallsend over the last 12 months, the estimated median property value of 9 Corindi Street is $870k.

Median value
$870k
Estimated value range
$570k - $1.18m
Median days on market
21
Estimated value trend
12%
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 9 Corindi Street

2024
Rented
Undisclosed
Leased on 19 Jun 2024 by Street Property
2023
Rented
Undisclosed
Leased on 29 Jan 2023 by Street Property
2022
Sold
Undisclosed
19 Apr 2022 by Damon Sellis, of Street Property

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 3 bedroom houses in Wallsend

In the last 12 months, 98 three-bedroom houses similar to 9 Corindi Street, have been sold.

This represents a 23% increase in three-bedroom houses sales when compared to the previous 12 months.

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