40 Naughton Ave, Birmingham Gardens is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1935. The property has a land size of 779m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in May 2013.
This 3 bedroom home on a large, elevated block is exactly the investment property you are searching for ? fresh and modern, handy to all the amenities and just a minute from the esteemed University of Newcastle. Leased until August 2023, it is a brilliant set-and-forget property with its fresh carpets and paint, a modern bathroom, neat kitchen and huge backyard. The only difficulty you may face, is deciding what to do with it in future years.
You could continue to rent this stalwart property in a burgeoning market and allow it to steadily increase in value. Or you may choose to take advantage of the oversized 784sqm block and develop(with council approval) a modern duplex with a view to selling or transforming this into a two-income stream opportunity. You could even move in, renovate and extend or undertake a knock down/rebuild on this large, elevated block to create a beautiful family home.
The location of this property lends itself to any of these options with its proximity to the University of Newcastle, Calvary and John Hunter Hospitals and the Inner City Bypass Road.
- 3 bedroom home ? perfect rental property to add to your portfolio or for a first home buyer looking to enter the market
- Huge elevated block, above the average land size in this area at 784sqm
- Recently painted and with fresh, durable, modern carpets and curtains
- Open plan dining and neat kitchen with modern tiled floor and timber countertops
- Updated bathroom with crisp white tiles, new glass shower screen and sleek vanity
- Traditional bullnosed front verandah boasts a lovely aspect ? the perfect spot for an early morning coffee or to sip a glass of wine or a cheeky beer in the evening
- Situated equidistant to Shortland shopping centre and Stockland Jesmond for a slew of retail and dining options and access to services such as post offices, doctors, hairdressers, barbers and banking
- Excellent opportunity for student accommodation ? just 1 minute to University of Newcastle and very close to Hunter Valley Private Hospital(3 mins), Calvary Mater(6 mins) and John Hunter(15 mins)
- Currently leased until August 2023 at $465/week
- Potential for duplex(subject to council approval) or a knock down and rebuild on this generous block in a family friendly suburb
Outgoing
Council rates: $1,996.64 approx. per annum
Water rates: $814.53 approx. per annum
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The size of Birmingham Gardens is approximately 0.8 square kilometres. There are 5 parks, covering nearly 5.3% of the total area. The population of Birmingham Gardens in 2016 was 2376 people. By 2021 the population was 2598 showing a population growth of 9.3% in the area during that time. The predominant age group in Birmingham Gardens is 20-29 years. Households in Birmingham Gardens are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Birmingham Gardens work in a professional occupation.In 2021, 40.40% of the homes in Birmingham Gardens were owner-occupied compared with 46.20% in 2016.
Birmingham Gardens has 1,133 properties. Over the last 5 years, Houses in Birmingham Gardens have seen a 44.83% increase in median value, while Units have seen a 56.98% increase. As at 31 July 2026:
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