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

Location
Market Insights for Shortland NSW 2307
New Listings (last 30 days)
3
Average price
$750,000
Lowest price
$730,000
Highest price
$770,000
Other properties in this postcode

32 Rabaul Street, Shortland NSW 2307

Price Guide $770,000 - $820,000

House 3 Beds 1 Bath 1 Car 593 m²
Listed: 3 days ago
Updated: 23 hours ago
Overview

Set on a generous 593m² corner block with dual street frontages, this three-bedroom house offers an enticing canvas for first home buyers, investors, and renovators seeking a property with substantial potential for value addition.

The dwelling features a kitchen situated at the rear that overlooks a north-facing backyard, creating an opportunity to extend living space outdoors with an entertaining deck to harness natural light and enhance lifestyle quality.

Accessed via MacArthur Street, the existing garage offers flexibility to retain or expand, with potential for alternative uses such as a granny flat, while an additional driveway off Rabaul Street could provide extra off-street parking or access subject to council approval.

The corner position and dual frontage also open possibilities for future redevelopment, including knockdown and rebuild, making this a strategic location for those willing to engage with council requirements for a personalised home or investment project.

Approximately five minutes from Newcastle University and close to Shortland Wetlands and local shops that include cafés, a pub, butcher, takeaway options, and service stations, the property benefits from convenience and ongoing transport infrastructure improvements via the nearing completion of the Inner City Bypass.

  • Generous 593m² corner block with dual street frontages
  • Three-bedroom home ripe for renovation
  • North-facing rear yard ideal for sunlight and outdoor activities
  • Existing garage accessed via MacArthur Street with expansion options
  • Potential additional driveway access from Rabaul Street (subject to approval)
  • Scope for granny flat or redevelopment projects pending council consent
  • Close proximity to Newcastle University and local retail amenities
  • Suitable for buyers seeking a project or strategic investment

This offering combines location, space, and redevelopment possibilities in a way that invites thoughtful enhancement and could appeal to those looking to build future equity while enjoying the benefits of a well-positioned property in a growing area.

Local Market Insights

In Shortland, Quiet Listings observed 3 new houses entering the market over the last 30 days, down from 6 during the previous 30-day period, with an average advertised asking price of $750,000. All new listings observed during this period were Houses. The most active agency for houses in the Shortland area is currently Michael Arnold Real Estate Agent Mayfield, representing 33% of new listings, followed by Raine & Horne with 33%. 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.