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Overview
Positioned on a substantial 968 square meter block, this property in Adamstown offers a rare opportunity to secure prime real estate in one of Newcastle's most sought-after locations. Just moments from major shopping centres like Westfield Kotara and Charlestown, as well as essential amenities such as medical suites, local schools, and sporting fields, the location combines convenience with lifestyle benefits.
The existing home, characterized by polished hardwood timber floors and original kitchen and bathroom fittings, provides a foundation full of character and charm. This presents potential buyers with the choice to renovate and enhance the current residence or demolish and construct a bespoke family home tailored to contemporary living requirements.
Of particular note is the prized R3 zoning, which broadens the scope to include potential development options. This zoning allows for the construction of stand-alone dwellings or multiple townhouses, subject to council approval, making the site attractive both to families looking for a permanent home and developers or investors seeking to capitalize on its redevelopment possibilities.
- Three bedrooms with ample living space
- Sunroom and lounge room offering versatile areas
- Double garage providing secure parking
- Polished hardwood floors that lend warmth and character
- Weekly rental potential estimated between $550 and $580
- Excellent access to beaches, golf courses, and Newcastle CBD within minutes
This property presents a significant value proposition given its location, land size, and flexibility, catering to diverse buyer needs ranging from homeowners to investors interested in development within a thriving suburban precinct.
Local Market Insights
In Adamstown, Quiet Listings observed 10 new houses entering the market over the last 30 days, up from 8 during the previous 30-day period, with an average advertised asking price of $1,432,000. The property type mix of listed properties is predominantly Houses at 67%, followed by townhouses (13%), and land (7%). The most active agency for houses in the Adamstown area is currently First National, representing 20% of new listings, followed by Ray White with 20%. 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 |
|---|---|
| $1,050,000 Guide | |
| $1,150,000 Guide | |
| $1,200,000 - $1,300,000 |
Location
Market Insights for Adamstown NSW 2289
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