18/181-183 Michael St, Jesmond, NSW 2299 | Unit for sale | OnTheHouse
 
FOR SALE
Guide $535,000

18/181-183 Michael Street
Jesmond NSW 2299

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Contemporary, second floor two bedroom unit in a cul-de-sac, an easy walk to services and facilities.
Open plan design, double sized bedrooms with built in robes, lounge and dining areas are light and airy with reverse cycle air conditioning and two balconies.
A generous living and dining area with reverse cycle air conditioning flows seamlessly into a modern galley-style kitchen, complete with a gas cooktop, dishwasher, and internal European laundry including washing machine and dryer. The space is further enhanced by two private balconies, each accessible from opposite sides of the living area.
Both bedrooms are double in size and feature built-in wardrobes, offering ample storage. Positioned on either side of the white tiled bathroom, they provide a practical and well-balanced layout.
The unit also includes a designated off-street parking space, with additional visitor parking available within the complex. Designed for low-maintenance living, it is ideally positioned just a short walk from shopping, public transport, Newcastle University, and local services. With a current rental return of $600 per week, this property represents an attractive investment opportunity as well as a convenient home base.
For further details contact Allen Reece on 0409 814 400 or email sales@reecerealty.com.au

Property Details for 18/181-183 Michael St, Jesmond

18/181-183 Michael St, Jesmond is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The place is currently for sale with ReeceRealty - Newcastle.

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About Jesmond 2299

The size of Jesmond is approximately 1.2 square kilometres. It has 10 parks covering nearly 17.4% of total area. The population of Jesmond in 2016 was 3045 people. By 2021 the population was 3210 showing a population growth of 5.4% in the area during that time. The predominant age group in Jesmond is 20-29 years. Households in Jesmond are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Jesmond work in a professional occupation.In 2021, 28.70% of the homes in Jesmond were owner-occupied compared with 29.90% in 2016.

Jesmond has 1,599 properties. Over the last 5 years, Houses in Jesmond have seen a 70.49% increase in median value, while Units have seen a 58.48% increase. As at 30 November 2025:

  • The median value for Houses in Jesmond is $857,359 while the median value for Units is $568,108.
  • Houses have a median rent of $550 while Units have a median rent of $550.
There are currently 4 properties listed for sale, and 7 properties listed for rent in Jesmond on OnTheHouse. According to Cotality's data, 85 properties were sold in the past 12 months in Jesmond.

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Allen Reece
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ReeceRealty - Newcastle
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