Property Details for 76 Blue Gum Rd, Jesmond
76 Blue Gum Rd, Jesmond is a 6 bedroom, 2 bathroom House with 4 parking spaces and was built in 1960. While the property is not currently for sale or for rent, it was last sold in July 2023.
Last Listing description (July 2023)
R3 Property Place Profit
Astute investors take note, just released to the market is an attractive rental property with two separate dwellings on a 797m2 block, positioned within walking distance to Newcastle University, shopping centre & public transport servicing the University, major centres and Newcastle CBD.
Demand is high for single room accommodation whether from Newcastle University's large pool of students or private renters seeking affordable living options. Each tenant enjoys the security of their own leased space and communal living areas are well designed to cater for multiple users.
The front house has six generous bedrooms, five with ceiling fans and three have external access from their private balcony. Kitchen is modern with long bench space, stainless steel cooking facilities and dual sink. Coupled with the spacious lounge, kitchen/dining area offers flexibility to arrange the space as required. One bathroom services the three bedrooms at the front of the house and the second, combined with a laundry, services the three bedrooms at the rear. An extra WC can be found off the loungeroom.
Entry to your second house is into a wide, open plan kitchen/dining space with a separate lounge. There are five bedrooms surrounding the communal area with two bathrooms and laundry located at the rear of the property.
Considering this prime location, R3 zoning offering potential for future higher density development (STNCC) and with plenty of off street parking, this property presents multiple investment opportunities.
Rent return of $1,600 per week.
For more information on this excellent high yield investment please contact exclusive listing agent Allen Reece on 0409 814 400 or email sales@reecerealty.com.au.
Property History for 76 Blue Gum Rd, Jesmond, NSW 2299
- 07 Jul 2023Sold for $1,100,000
- 31 May 2023Listed for Sale Contact Agent
- 01 Aug 2022Listed for Rent $550 per 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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