40 Bourke Street, Maitland, NSW 2320 | Property Value & History | OnTheHouse
OFF MARKET

40 Bourke Street
Maitland NSW 2320

Bedrooms: 4
Bathrooms: 4
Car spaces: 4
Land area: 1137m2
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Property Details for 40 Bourke St, Maitland

40 Bourke St, Maitland is a 4 bedroom, 4 bathroom House with 4 parking spaces and was built in 1851. The property has a land size of 1137m2. While the property is not currently for sale or for rent, it was last sold in July 2016.

Building Type
House
Year Built
1851
Land Size
1137m2
Local Government
Maitland
Lot/Plan
40/DP1086842

Last Listing description (July 2016)

MAITLAND GEORGIAN GRANDEUR FREE COFFEE THIS SATURDAY
KOREELAH HOUSE circa 1851
A much admired and significant Bourke Street property, Koreelah House is sited on a prime, level, double block of land totaling 1172sqm with rear lane access. The grand residence although currently being used as 4 residential flats, retains many original features and would revert to a grand residential abode should the purchaser so desire to take on a very rewarding project to return this elegant home to its former glory. With sweeping cedar stair rail, cedar timber doors, architrave and fire surrounds as well as a marble fire surround. Many of the grand rooms are still intact with the home still allowing one to imagine the lifestyle of those past custodians. The property boasts a colourful early history with Henry Adams (Licensee of Black Horse Inn) residing for approx.. 10 years. Now genuinely offered to the market awaiting a new custodian. The current rental return for all 4 residential flats is $790 per week.

Auction: Saturday 16th July, 2016
Inspect: By Appointment
Contact: Rhonda Nyquist 0419 341 999 Shantala Bemrose 0448 148 422

Property History for 40 Bourke St, Maitland, NSW 2320

A timeline of how this property has performed in the market
Last Sold
$690,000
16 Jul 2016
  • 26 Nov 2021
    Sold
  • 16 Jul 2016
    Sold for $690,000
  • 15 Jun 2016
    Listed for Sale Auction
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About Maitland 2320

The size of Maitland is approximately 5.5 square kilometres. It has 7 parks covering nearly 13.4% of total area. The population of Maitland in 2016 was 1885 people. By 2021 the population was 1972 showing a population growth of 4.6% in the area during that time. The predominant age group in Maitland is 40-49 years. Households in Maitland are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Maitland work in a professional occupation.In 2021, 56.30% of the homes in Maitland were owner-occupied compared with 58.30% in 2016.

Maitland has 1,785 properties. Over the last 5 years, Houses in Maitland have seen a 64.87% increase in median value, while Units have seen a 57.33% increase. As at 31 January 2026:

  • The median value for Houses in Maitland is $684,581 while the median value for Units is $534,206.
  • Houses have a median rent of $540 while Units have a median rent of $495.
There are currently 9 properties listed for sale, and 2 properties listed for rent in Maitland on OnTheHouse. According to Cotality's data, 95 properties were sold in the past 12 months in Maitland.

Suburb Insights for Maitland 2320

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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.