88 Blue Gum Rd, Jesmond is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1910. The property has a land size of 324m2 and floor size of 80m2.This Property is currently listed for sale with Blossoms Real Estate
Positioned in one of Jesmond's most convenient locations, this character-filled two-bedroom home presents an excellent opportunity for investors, first-home buyers or those seeking a property with strong rental appeal.
Enjoying a level position within easy walking distance of the University of Newcastle, Stockland Jesmond, local shops, public transport and everyday amenities, the property combines location, comfort and practical living with an established rental return.
The home offers a comfortable living area, separate dining/meals area and a bright, sunny kitchen, together with a versatile utility or storage room adjoining the separate Colorbond garage.
Property Features:
Two well-sized bedrooms
Comfortable living area with plenty of natural light
Separate dining/meals area
Sunny, functional kitchen
Versatile study, storage or utility room at the rear of the garage, with air conditioning
Level, fully fenced backyard with space for a vegetable garden and pets
Pleasant undercover pergola area between the house and garage
Separate Colorbond lock-up garage
Carport and off-street parking for up to three vehicles
Conveniently positioned within an easy walk to Jesmond shops
Close to the University of Newcastle and Stockland Jesmond
Excellent access to public transport and local amenities
Currently leased at $790 per week
An Investment with Strong Location Appeal
With the University of Newcastle nearby and consistent demand from students, professionals and local residents, Jesmond continues to offer an attractive investment profile. Current market data shows continued rental growth in the suburb, while the broader Newcastle market has also recorded solid price and rental growth.
Whether you're looking to add to your investment portfolio, secure a property in a tightly connected location, or purchase your first home, this property offers a compelling combination of location, versatility and immediate rental income.
Don't miss this opportunity to secure a well-positioned property in the heart of Jesmond.
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 36.78% increase in median value, while Units have seen a 43.48% increase. As at 31 August 2026:
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