3/240 Newcastle Road, Jesmond, NSW 2299 | Property Value & History | OnTheHouse
OFF MARKET

3/240 Newcastle Road
Jesmond NSW 2299

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 106m2
Land area: 1081m2
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Property Details for 3/240 Newcastle Rd, Jesmond

3/240 Newcastle Rd, Jesmond is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 1081m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in September 2025.

Building Type
Unit
Year Built
2014
Floor Size
106m2
Land Size
1081m2
Local Government
Newcastle
Lot/Plan
3/SP90816

Last Listing description (March 2026)

This is the affordable first home or the ideal investment opportunity for the savvy investor as this 2-storey townhouse is situated in a prime location that offers both convenience and comfort. This charming 3-bedroom, 1-bathroom residence is perfect for those seeking a blend of affordability, comfort & convenience whilst being in a central location to Newcastle University, Jesmond Shopping Centre, Parks & Playgrounds, Local schools & public transport.

Downstairs features:
A light filled tiled lounge & dining area that is open and inviting, providing the perfect space for relaxation and entertaining.

The U-shaped kitchen is neat & tidy offering you plenty of counter space, stainless steel appliances, gas cooktop & dishwasher, everything you need to be the gourmet chef of your household.
Also downstairs for added convenience, this unit includes a single car garage with internal access, offering secure parking and additional storage options + laundry & second W/C.

Upstairs features:
Each of the three spacious bedrooms is equipped with built in wardrobes + ceiling fans, ensuring a cool and comfortable environment year-round.
The well-appointed bathroom features modern fixtures as well as featuring a separate toilet + shower & bath, perfect for unwinding after a long day!
Outside you'll find the alfresco entertainment area & a small easy-care grassed courtyard, perfect for hosting a BBQ with friends & family or to enjoy the fresh air with a nice drink.

With only 6 units in the boutique complex built by HCH (Hunter Coast Homes) in 2014, you'll enjoy having a close-knit community providing safety & security. With bike track and footpath providing direct access to the nearby shops, you are also under 20-minute walk or 5-minute drive to the uni, making this a lucrative investment opportunity. Plus, you are just 15 minutes from Newcastle CBD and have easy access to public transport and the arterial roads to Sydney or Hunter Valley.

Strata Rates Approx. $685.55 Per Quarter
Land Rates Approx. $381 Per Quarter
Water Rates Approx. $250 Per Quarter
Currently returning $650 Per Week

Don't miss the opportunity to make this delightful unit your new home. With its ideal location and thoughtful features, it's perfect for families, professionals, or anyone looking to enjoy a comfortable and convenient lifestyle. Schedule a viewing today and experience all that this wonderful property has to offer.

For further information contact the local area's first choice for real estate Troy Duncan on 4950 8555

First National Real Estate Lake Macquarie are your local experts for the Lake Macquarie and Newcastle area, we proudly market this home and are always looking for more homes to sell. If you would like honest, expert advice to achieve excellent results, call us on 4950 8555 to discuss your home.

Disclaimer: All information, contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing.

Property History for 3/240 Newcastle Rd, Jesmond, NSW 2299

A timeline of how this property has performed in the market
Last Sold
$676,000
11 Sep 2025
Listed for Rent
$650/w
18 Feb 2025
  • 11 Sep 2025
    Sold for $676,000
  • 03 Sep 2025
    Listed for Sale $600,000 - $650,000
  • 05 Feb 2025
    Listed for Rent $650 / week
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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 1,611 properties. Over the last 5 years, Houses in Jesmond have seen a 36.78% increase in median value, while Units have seen a 43.48% increase. As at 31 August 2026:

  • The median value for Houses in Jesmond is $851,385 while the median value for Units is $597,718.
  • Houses have a median rent of $630 while Units have a median rent of $570.
There are currently 6 properties listed for sale, and 9 properties listed for rent in Jesmond on OnTheHouse. According to Cotality's data, 69 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.