22/183 Michael Street, Jesmond, NSW 2299 | Property Value & History | OnTheHouse
OFF MARKET

22/183 Michael Street
Jesmond NSW 2299

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 59m2
Land area: 3988m2
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Property Details for 22/183 Michael St, Jesmond

22/183 Michael St, Jesmond is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 3988m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in October 2017.

Building Type
Unit
Year Built
2011
Floor Size
59m2
Land Size
3988m2
Local Government
Newcastle
Lot/Plan
22/SP83939

Last Listing description (October 2018)

Modern fully furnished top floor two bedroom unit with easy access to all services and facilities. Open plan design, double sized bedrooms with built in robes, lounge and dining areas are light and airy with access to the generous kitchen complete with gas cook top and dishwasher. Modern bathroom and internal European style laundry including washing machine & dryer.

The unit offers off street parking and there is also visitor parking available at the complex. This low maintenance unit is positioned in a convenient location which would make an ideal investment with excellent gross rental returns of $480 per week being achieved with a long-term tenant with lease until July 2018.

This unit makes for an ideal investment within walking distance to Newcastle University, Stockland Jesmond shopping centre and public transport.

Property History for 22/183 Michael St, Jesmond, NSW 2299

A timeline of how this property has performed in the market
Last Sold
$350,000
26 Oct 2017
  • 26 Oct 2017
    Sold for $350,000
  • 26 Oct 2017
    Sold for $350,000
  • 06 Sep 2017
    Listed for Sale $345,000
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About Jesmond 2299

The size of Jesmond is approximately 1.2 square kilometres. There are 10 parks, covering nearly 17.4% of the total area. The population of Jesmond in 2016 was 3045 people. By 2021 the population was 3210 showing a population growth of 5.4% in the area during that time. The predominant age group in Jesmond is 20-29 years. Households in Jesmond are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Jesmond work in a professional occupation.In 2021, 28.70% of the homes in Jesmond were owner-occupied compared with 29.90% in 2016.

Jesmond has 1,609 properties. Over the last 5 years, Houses in Jesmond have seen a 39.81% increase in median value, while Units have seen a 47.77% increase. As at 31 July 2026:

  • The median value for Houses in Jesmond is $862,896 while the median value for Units is $599,836.
  • Houses have a median rent of $585 while Units have a median rent of $575.
There are currently 5 properties listed for sale, and 9 properties listed for rent in Jesmond on OnTheHouse. According to Cotality's data, 75 properties were sold in the past 12 months in Jesmond.

Suburb Insights for Jesmond 2299

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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.