79 Young StreetCarrington NSW 2294
Property Details for 79 Young St, Carrington
Last Listing description (October 2020)
Located in one of Newcastles fastest growing growth suburbs, the property offers a unique opportunity to position yourself in the main street of Carrington.
A rare opportunity presents itself with this 345 sqm* site centrally positioned at 79 Young Street, Carrington. The site contains two freestanding buildings with a commercial space at the front and workshop at the rear.
Offering a holding income of $33,000 gross per annum plus GST, the site is currently leased until June 2021 with the potential for future development under the B2 Local Centre zoning.
Property History for 79 Young St, Carrington, NSW 2294
- 22 Oct 2020Sold for $700,000
- 18 Sep 2020Listed for Sale Contact Agent
- 29 May 2019Listed for Sale $730,000
Recent sales nearby
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About Carrington 2294
The size of Carrington is approximately 2.1 square kilometres. There are 11 parks, covering nearly 6.3% of the total area. The population of Carrington in 2016 was 1929 people. By 2021 the population was 2061 showing a population growth of 6.8% in the area during that time. The predominant age group in Carrington is 20-29 years. Households in Carrington are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Carrington work in a professional occupation.In 2021, 53.50% of the homes in Carrington were owner-occupied compared with 50.20% in 2016.
Carrington has 1,266 properties. Over the last 5 years, Houses in Carrington have seen a 24.77% increase in median value, while Units have seen a 15.84% increase. As at 31 July 2026:
- The median value for Houses in Carrington is $1,167,155 while the median value for Units is $1,036,070.
- Houses have a median rent of $740 while Units have a median rent of $700.
Suburb Insights for Carrington 2294
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