8 Forrest StreetJesmond NSW 2299
Property Details for 8 Forrest St, Jesmond
8 Forrest St, Jesmond is a 4 bedroom, 2 bathroom House. The property has a land size of 264m2. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 4 bedroom House sold in Jesmond in the last 12 months.
Last Listing description (July 2026)
Calling all investors, renovators and savvy buyers, this is the opportunity you've been waiting for. Positioned in a high demand, ultra convenient location, this property is priced to reflect its condition and offers outstanding potential to add value.
Set on a fully fenced 264m² block the home features four bedrooms, two bathrooms, a separate lounge, kitchen and dining area plus a covered and paved outdoor space. While the property requires significant maintenance and renovation, the layout and location provide a strong foundation for future returns.
Ideally located within walking distance to Newcastle University Callaghan Campus, parks, schools, shopping centre, and essential services, this is a prime spot for strong rental appeal and long-term growth. Whether you're looking to renovate and flip or add to your rental portfolio, this property ticks the right boxes.
Key Investment Highlights:
• Priced to suit current condition – exceptional value opportunity
• 4 bedrooms, 2 bathrooms – strong rental configuration
• Fully fenced 264m² block
• Covered outdoor area with potential to enhance
• Walk-to-everything location appealing to tenants
• Scope to renovate and increase rental yield or resale value
Opportunities like this don't last so secure your next project today.
To view this property in this investment pocket contact exclusive agent Allen Reece on 0409 814 400 or email sales at sales@reecerealty.com.au
Property History for 8 Forrest St, Jesmond, NSW 2299
- 02 Jul 2026Sold for $740,000
- 25 Mar 2026Listed for Sale $700,000 - $750,000
- 21 Feb 2019Listed for Rent $150 / week
Recent sales nearby
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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 1,607 properties. Over the last 5 years, Houses in Jesmond have seen a 43.72% increase in median value, while Units have seen a 51.83% increase. As at 30 June 2026:
- The median value for Houses in Jesmond is $873,407 while the median value for Units is $606,789.
- Houses have a median rent of $585 while Units have a median rent of $575.
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