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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

3/114a Michael Street, Jesmond NSW 2299

$650,000 To $690,000

Listed: 8 days ago
Overview

Situated within a small and well-maintained complex of just three villas, this appealing two-bedroom villa offers a practical and comfortable lifestyle that caters to first-home buyers, downsizers, and investors. The villa is presented in good condition throughout and benefits from a bright and inviting interior filled with natural light, which enhances a warm and welcoming atmosphere.

The functional layout prioritizes ease of living, featuring comfortable living spaces paired with a kitchen equipped with a gas cooktop, under bench oven, and ample storage including overhead cupboards and generous bench space. Ceiling fans in the lounge, bedrooms, and kitchen/family area contribute to year-round comfort. The tiled bathroom includes a shower recess, bath, and vanity, with a separate toilet for added convenience.

Outdoor living is well catered with a private fenced courtyard providing a versatile space ideal for entertaining, relaxing, or enjoying a low-maintenance garden. Attached to the villa is a good-sized single garage with internal access, which also accommodates the laundry with direct access to the courtyard. Visitor parking is conveniently located nearby.

Located close to schools, shops, public transport, and within easy reach of the University of Newcastle, the villa provides excellent convenience for residents. Currently leased to a long-term tenant who has maintained the home well, the property generates immediate rental income and presents strong investment potential with an attractive potential return.

  • Two bedrooms both featuring built-in wardrobes
  • Reverse cycle air conditioning in the lounge
  • Single garage with internal access and laundry
  • Low-maintenance private courtyard
  • Close proximity to educational institutions and local amenities

This villa combines a bright interior, practical layout, and a strategic location, delivering value and lifestyle benefits in a manageable package.

Local Market Insights

In Newcastle And Lake Macquarie, Quiet Listings observed 20 new villas entering the market over the last 30 days, up from 15 during the previous 30-day period, with an average advertised asking price of $675,800. The property type mix of listed properties is predominantly Houses at 66%, followed by apartments (10%), and land (6%). Ray White was the most active agency in this area, representing 21.7% 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.

Location
3/114a Michael Street
Jesmond NSW 2299
Market Insights for Jesmond NSW 2299
New Listings (last 30 days)
20
Average price
$675,800
Lowest price
$329,000
Highest price
$1,150,000
Other properties in this postcode