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Back 97 Blue Gum Road
Off Market

97 Blue Gum Road

Jesmond NSW 2299

4
2
1
315 m²
House
Allen ReeceAllen Reece, last sold this property on 14 March 2024 after 42 days on market.

Overview

High Yield Investment

Neat, low maintenance four bedroom, two bathroom home in prime location just minutes walk to Newcastle University and Jesmond Shopping centre. Offering desirable features including reverse cycle air conditioning and ceiling fans throughout, this property is currently fully leased and returning $720 per week. On either side of the front entry hall are doors to the two spacious front bedrooms, both with reverse cycle air conditioning and ceiling fans. Continue through the hall to a dining/living space and contemporary kitchen, also with reverse cycle air conditioning. Off this area you access bedrooms three and four, both with ceiling fans, as well as the first bathroom with shower, vanity and toilet. At the rear of the house is another living room with an adjoining second bathroom/wc/laundry. Solar panels assist with outgoings and there is off street parking for one however proximity to University, shops, services & public transport removes any necessity for a car. Ready for the astute investor to capitalize on the growth of the University. Coupled with continued maintenance, this corner block dwelling in a high student traffic area offers exposure that will guarantee good returns. For further details contact Allen Reece on 0409 814 400 or email sales@reecerealty.com.au.

Features

4 bedrooms
2 bathrooms
1 carspace
1 open car space
315 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Jesmond over the last 12 months, the estimated median property value of 97 Blue Gum Road is $972.5k.

Median value
$972.5k
Estimated value range
$785k - $1.62m
Median days on market
42
Estimated value trend
26%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Jesmond. 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 97 Blue Gum Road

2024
Sold
Undisclosed
14 Mar 2024 by Allen Reece, of Reece Realty Newcastle
2019
Rented
Undisclosed
Leased on 17 Sep 2019 by Reece Realty Newcastle
2013
Sold
$380,000
Private Sale/Treaty on 30 May 2013 by Allen Reece, of Reece Realty Newcastle

Happy sellers in Jesmond

95%
95% 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 16 reviews in Jesmond over the last 12 months.

Local market activity for 4 bedroom houses in Jesmond

In the last 12 months, 6 four-bedroom houses similar to 97 Blue Gum Road, have been sold.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Jesmond

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Michael Arnold

Michael Arnold is a recommended agent for Jesmond.  They have 3 local sales and collected 4 local reviews across the last 12 months.

  •   4.9   (16 reviews)
  •  4 Reviews in Jesmond
  •  3 Sales in Jesmond
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Laura Strong

Sellers who recommend Laura Strong have praised them for being clear communication, local expert, great negotiation, honest, dedicated, pleasant and friendly

  •   4.9   (236 reviews)
  •  2 Reviews in Jesmond
  •  1 Sale in Jesmond
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Daryl Johnson

Daryl Johnson is a recommended agent for Jesmond.  They have 1 local sale and collected 2 local reviews across the last 12 months.

  •   4.9   (78 reviews)
  •  2 Reviews in Jesmond
  •  1 Sale in Jesmond
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Tony Gough

Tony Gough is a recommended agent for Jesmond.  They have 2 local sales and collected 1 local review across the last 12 months.

  •   4.7   (35 reviews)
  •  1 Review in Jesmond
  •  2 Sales in Jesmond
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