5/240 Newcastle RoadJesmond NSW 2299
Property Details for 5/240 Newcastle Rd, Jesmond
5/240 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 November 2017.
Last Listing description (February 2023)
A stylish step on the property ladder for first homebuyers and property investors alike, this two year old townhouse is set back from the street on a service road offering direct access to the pedestrian walkway to Jesmond shopping centre and the University of Newcastle. Quality built by Hunter Coast Homes, the fresh and vibrant residence delights with its contemporary edge and easycare nature.
Interiors are illuminated and inviting with a crisp neutral colour palette and low maintenance tiled floors. The free-flowing living and dining domain is both spacious and private connecting to a rear courtyard. A gas cooktop and stainless-steel dishwasher ensure the kitchen has a modern feel and caters effortlessly to every day cooking. A full-size laundry includes a handy second w/c. Three robed bedrooms and the family bathroom with separate w/c share the privacy of the upper level. Completing this compelling package is reverse cycle A/C and a single garage with internal access.
Located just nine kilometres from Newcastle CBD but surrounded by parks, bike tracks, shopping, transport and schools, the suburb of Jesmond blends a lifestyle of recreation and convenience with unbeatable connectivity.
- As new dual level townhome in boutique block of just six residences
- Offers approximately 141sqm of internal living space
- LED lighting throughout; air-conditioning to living domain
- All three bedrooms are appointed with built-in robes and ceiling fans
- Readymade investment currently returning $500 per week
- 500m stroll to Stockland Jesmond and less than five minutes drive to the university
- Momentary access to city buses and the John Hunter Hospital
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Property History for 5/240 Newcastle Rd, Jesmond, NSW 2299
- 07 Nov 2022Listed for Sale Price Guide $460,000 - $490,000
- 30 Sep 2021Listed for Rent $525 / week
- 26 Aug 2019Listed for Rent $475 / week
Recent sales nearby
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0About 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.
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