2/4 Algona Road, Charlestown, NSW 2290 | Property Value & History | OnTheHouse
OFF MARKET

2/4 Algona Road
Charlestown NSW 2290

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
Land area: 1145m2
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Property Details for 2/4 Algona Rd, Charlestown

2/4 Algona Rd, Charlestown is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 1145m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in March 2014.

Building Type
Unit
Year Built
1980
Floor Size
51m2
Land Size
1145m2
Local Government
Lake Macquarie
Lot/Plan
2/SP20974

Last Listing description (March 2014)

Units 1-6/4 Algona Road are six strata titled units being offered for sale in one line.

In total there are six strata titled units on offer all with garaging and on their own title located on 1235sqm of land.

Various levels of renovations have been undertaken to date. Some with new kitchens and bathrooms and others partially renovated and original.

Configurations are as follows:

Unit 1 - 2 bedrooms, 1 bathroom, 1 garage
Unit 2 - 2 bedrooms, 1 bathroom, 1 garage
Unit 3 - 1 bedroom, 1 bathroom, 1 garage
Unit 4 - 3 bedrooms, 1 bathroom, 1 garage
Unit 5 - 2 bedrooms, 1 bathroom, 1 garage
Unit 6 - 2 bedrooms, 1 bathroom, 1 garage

Current gross rental is $80,599.80 and an opportunity exists to purchase and add value by means of minor improvements and reap the rewards.

For full Information Memorandum please contact Darren Penn on 0424 740 463 or email darren.penn@raywhite.com

Please Note: Inspections on this property will be carried out only at scheduled times.

Property History for 2/4 Algona Rd, Charlestown, NSW 2290

A timeline of how this property has performed in the market
Last Sold
$228,500
03 Mar 2014
  • 03 Mar 2014
    Sold for $228,500
  • 27 Feb 2014
    Listed for Sale POA
  • 12 Oct 2013
    Listed for Sale EXPRESSIONS OF INTEREST
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About Charlestown 2290

The size of Charlestown is approximately 7.1 square kilometres. There are 39 parks, covering nearly 13.4% of the total area. The population of Charlestown in 2016 was 12912 people. By 2021 the population was 13601 showing a population growth of 5.3% in the area during that time. The predominant age group in Charlestown is 30-39 years. Households in Charlestown are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Charlestown work in a professional occupation.In 2021, 72.00% of the homes in Charlestown were owner-occupied compared with 72.60% in 2016.

Charlestown has 6,935 properties. Over the last 5 years, Houses in Charlestown have seen a 57.60% increase in median value, while Units have seen a 47.63% increase. As at 31 May 2026:

  • The median value for Houses in Charlestown is $1,129,459 while the median value for Units is $793,047.
  • Houses have a median rent of $720 while Units have a median rent of $600.
There are currently 26 properties listed for sale, and 17 properties listed for rent in Charlestown on OnTheHouse. According to Cotality's data, 356 properties were sold in the past 12 months in Charlestown.

Suburb Insights for Charlestown 2290

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.