Ground Floor Convenience with a Private North-Facing Courtyard

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Location

Market Insights for Wallsend NSW 2287

New Listings (last 30 days)

Average price

$815,440

Lowest price

$380,000

Highest price

$2,050,000

18/75 Abbott Street, Wallsend NSW 2287

$585,000 - $640,000

Search Band

$585k - $614k Transparent Based on an openly advertised listing price.

Unit 2 beds 1 bath 1 car

Listed: 21st Jul 2026

Updated: 9 days ago

Overview

Situated in the desirable Abbotts Leigh complex, this ground floor unit offers a bright and low-maintenance living environment that balances comfort and practicality with lifestyle convenience.

The open-plan design connects seamlessly to a private courtyard facing north, an ideal spot for both entertaining guests and unwinding in a serene outdoor setting. The kitchen caters well to everyday needs, equipped with a gas cooktop, generous storage options, and ample bench space facilitating efficient meal preparation.

With two well-sized bedrooms featuring built-in wardrobes and an additional study nook, the layout accommodates residents keen on working from home without sacrificing space. The property's features are completed by a neat bathroom, separate internal laundry facilities, and secure parking within a single lock-up garage, enhancing convenience for vehicle owners.

This unit presents an excellent investment opportunity, currently leased with quality tenants until mid-2027, offering immediate rental income. It also suits downsizers or smart purchasers seeking a home in a central location without the upkeep demands of larger properties.

Located just a kilometer from Jesmond Shopping Centre, public transport services, and under three kilometers from the University of Newcastle, it provides easy access to essential amenities and services.

Current lease expires June 2027
Tenants currently paying $550 per week
Strata fees approximately $787 per quarter
Council rates approximately $407 per quarter

This well-maintained unit stands as a compelling choice within a sought-after area where lifestyle and investment opportunities converge.

Local Market Insights

In Newcastle And Lake Macquarie, Quiet Listings observed 25 new units entering the market over the last 30 days, up from 22 during the previous 30-day period, with an average advertised asking price of $815,440. The property type mix of listed properties is predominantly Houses at 74%, followed by units (4%), and apartments (4%). The most active agency for units in the Newcastle And Lake Macquarie area is currently Ray White, representing 12% of new listings, followed by Presence Real Estate with 12%. 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.