87 Young StreetCarrington NSW 2294
Property Details for 87 Young St, Carrington
87 Young St, Carrington is a 0 bedroom, 2 bathroom House. The property has a land size of 461m2. While the property is not currently for sale or for rent, it was last sold in December 2024.
Last Listing description (April 2025)
Perfectly positioned in Newcastle's Harbourside suburb of Carrington. Located in the heart of the Carrington Village retail strip where a variety of interesting businesses exist.
This property offers a number of opportunities for the property owner, investor and/or developer.
- A Significant Development/Investment opportunity
- Land 461.1m2
- Existing retail 128m2 (leased to June 2025)
- Approved outdoor and footpath dining
- Dual street frontage
- Single level building recently renovated with rear vehicle access.
- A Development Approval for mixed use featuring a retail space and four apartments (Shoptop Housing GFA 866m2: Retail + 4 apartments + 6 parking - lapsed Nov. 2023).
- CC Documentation completed.
- A new tenant with a stunning fit out and a 12 month lease at $600.00per week net of outgoings.
Rarely is a property of this calibre offered for sale.
Information Memorandum available on request
Property History for 87 Young St, Carrington, NSW 2294
- 18 Dec 2024Sold for $850,000
- 02 Sep 2024Listed for Sale Guide $1,100,000
Recent sales nearby
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0About 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 1,263 properties. Over the last 5 years, Houses in Carrington have seen a 38.76% increase in median value, while Units have seen a 24.81% increase. As at 31 May 2026:
- The median value for Houses in Carrington is $1,279,079 while the median value for Units is $1,071,034.
- Houses have a median rent of $745 while Units have a median rent of $720.
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