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Overview
Positioned on a generous 695 square metre block in a highly sought-after location close to key amenities, this versatile dual income property presents an exceptional opportunity for investors seeking strong rental appeal and future growth potential. The site features an older style five-bedroom main residence alongside a three-bedroom detached granny flat, each separately metered for water and power, ensuring optimized income possibilities.
The main house offers a practical and functional layout designed to enhance everyday living. The central section of the home comprises the living, kitchen, and dining areas flowing seamlessly together, creating a welcoming and connected environment. Surrounding these communal spaces are the bedrooms and bathrooms, arranged to offer privacy and easy access for all occupants.
Comfort is a priority within the main living zone, which is serviced by reverse cycle air conditioning to maintain an ideal temperature year-round. The kitchen is designed in a galley style, featuring a gas cooktop for efficient cooking, an electric oven, and ample storage space to accommodate all culinary needs.
The detached granny flat provides additional value and flexibility for the property. This separate residence includes an open plan living and dining area, three bedrooms equipped with ceiling fans for comfort, a modern combined bathroom and laundry area, and a separate toilet for convenience. The separation and independent meters make this flat highly appealing for long-term tenants or family use.
Outside, the property offers a single carport plus further off-street parking options. The location benefits from nearby bus stops, facilitating easy transport access. Situated in a high demand area, the property is within walking distance to the university, just over one kilometre from Jesmond shopping centre and essential services, and approximately ten kilometres to Newcastle CBD.
While the property reflects the expected wear associated with its era, it presents a genuine opportunity for investors seeking to add value over time. Immediate dual rental income combined with the prospect of future enhancements makes this dual dwelling investment a sound choice. Smart buyers will recognise the potential here to maximize returns both now and in the years ahead.
Local Market Insights
In Birmingham Gardens, Quiet Listings observed 29 new houses entering the market over the last 30 days, up from 14 during the previous 30-day period, with an average advertised asking price of $1,026,205. The property type mix of listed properties is predominantly Houses at 71%, followed by villas (11%), and townhouses (9%). Ray White was the most active agency in this area, representing 41.0% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Change History
| Headline | When |
|---|---|
| $1,100,000 To $1,150,000 | |
| $1,125,000 To $1,185,000 |
Location
Birmingham Gardens NSW 2287
Market Insights for Birmingham Gardens NSW 2287
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
