59 Turnbull Street, Edgeworth, NSW 2285 | Property Value & History | OnTheHouse
OFF MARKET

59 Turnbull Street
Edgeworth NSW 2285

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 88m2
Land area: 654m2
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Property Details for 59 Turnbull St, Edgeworth

59 Turnbull St, Edgeworth is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 654m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
House
Year Built
1940
Floor Size
88m2
Land Size
654m2
Local Government
Lake Macquarie
Lot/Plan
23/B/DP1570

Last Listing description (November 2023)

This is a fantastic opportunity, for property investors seeking a lucrative investment, with dual income currently returning $910 per week. Presenting 59 and 59a Turnbull Street, a dual occupancy property offering the perfect blend of modern amenities and impressive rental returns.

59 Turnbull Street
- Spacious 3-bedroom home with a brand new bathroom and laundry

- Updated kitchen with dishwasher and electric cooking
- Stay comfortable year-round with reverse cycle air conditioning
- Low maintenance, level, and fully fenced yard with garden shed
- Ample space with a large double garage and workshop area
- Enjoy entertaining guests with an undercover entertainment area
- Easy and convenient access with full undercover connectivity from the house to the remote control garage
- Month to month lease paying $480 per week. Tenants would like to renew the lease.

59a Turnbull Street
- A contemporary two-bedroom home, less than two years old
- Stay comfortable with reverse cycle air conditioning
- Kitchen with dishwasher and electric cooking
- Both bedrooms feature mirrored wardrobes and ceiling fans
- Additional storage space with a garden shed
- Easy to maintain yard with off street parking
- Lease expires 7 December paying $430 per week. Tenants would like to renew the lease.

**Dual Income**
- Currently generating a combined rental income of $910 per week
- Significant potential to increase rental returns to a minimum of $1,030 per week
- Both properties are leased to excellent tenants, ensuring a stable income stream

**Investment Opportunity**
The dual occupancy nature of this property allows you to explore multiple avenues for generating income. Live in one home while renting out the other, or capitalise on the exceptional tenancies and lease out both properties for a substantial investment opportunity.

**Location**
Conveniently located in the sought-after Edgeworth area, this property is close to schools, shops, parks, and public transport, making it an attractive choice for both tenants and homeowners alike.

Don't miss out on this golden opportunity to secure a dual income property with high rental returns. Act now and make 59 and 59a Turnbull Street your next successful investment.

Contact us today to arrange a viewing and seize this excellent investment opportunity!

Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 59 Turnbull St, Edgeworth, NSW 2285

A timeline of how this property has performed in the market
Last Sold
$890,000
22 Sep 2023
Listed for Rent
$430/w
11 Sep 2022
  • 22 Sep 2023
    Sold for $890,000
  • 27 Aug 2023
    Listed for Sale Price Guide $900,000
  • 09 Sep 2022
    Listed for Rent $429 / week
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About Edgeworth 2285

The size of Edgeworth is approximately 7.0 square kilometres. It has 13 parks covering nearly 11.6% of total area. The population of Edgeworth in 2016 was 6207 people. By 2021 the population was 6401 showing a population growth of 3.1% in the area during that time. The predominant age group in Edgeworth is 20-29 years. Households in Edgeworth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Edgeworth work in a trades occupation.In 2021, 69.10% of the homes in Edgeworth were owner-occupied compared with 70.30% in 2016.

Edgeworth has 3,819 properties. Over the last 5 years, Houses in Edgeworth have seen a 69.70% increase in median value, while Units have seen a 64.36% increase. As at 31 December 2025:

  • The median value for Houses in Edgeworth is $818,744 while the median value for Units is $610,778.
  • Houses have a median rent of $660 while Units have a median rent of $595.
There are currently 14 properties listed for sale, and 11 properties listed for rent in Edgeworth on OnTheHouse. According to Cotality's data, 247 properties were sold in the past 12 months in Edgeworth.

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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.