23 Council Street, Speers Point, NSW 2284 | Property Value & History | OnTheHouse
OFF MARKET

23 Council Street
Speers Point NSW 2284

Bedrooms: 4
Bathrooms: 3
Car spaces: 3
Land area: 809m2
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Property Details for 23 Council St, Speers Point

23 Council St, Speers Point is a 4 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1986. The property has a land size of 809m2. While the property is not currently for sale or for rent, it was last sold in February 2025.

Building Type
Unit
Year Built
1986
Land Size
809m2
Local Government
Lake Macquarie
Lot/Plan
18/DP8809

Last Listing description (June 2025)

Being offered for sale by In-Room Auction as sale of Portfolio, this freestanding block of three units on one title could be the opportunity you have been waiting for to add to or begin a quality real estate portfolio with solid returns, only a short walk to Lake Macquarie.

With one, two bedroom and two, one bedroom configurations, all units offer good size living areas, spacious bedrooms with built ins, functional kitchen and bathroom areas and shared laundry.

Located short walk to Lake Macquarie with lovely views, on a large 809m2 R2 zoned block.

Features include

Good size living areas
Built in robes to bedrooms
Functional kitchen and bathroom
Separately metered for water and electricity
Undercover parking at rear plus garaging for one unit
809m2 block
Walk to lake and transport
Gross return of $65,260 per annum

To be sold by Auction In-Rooms on Wednesday 12th February at 1pm - The Mercure Hotel, 12 Steel Street Newcastle West.

Pest & Building Reports available.

For Info Pack with additional info including unit specifics, additional photos and related information email agent - view at scheduled times.

Outgoings
Water: $984.00 pq - Approx.
Council: $592.00 pq
Insurance: $4,365.00 pa
Yard Maintenance: $3,344.00 - Approx.

Current Rental Return
$65,260 per annum

Property History for 23 Council St, Speers Point, NSW 2284

A timeline of how this property has performed in the market
Last Sold
$1,300,000
12 Feb 2025
Listed for Rent
$240/w
20 Nov 2014
  • 12 Feb 2025
    Sold for $1,300,000
  • 14 Jan 2025
    Listed for Sale In Room Auction
  • 06 Nov 2014
    Listed for Rent - Price not available
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About Speers Point 2284

The size of Speers Point is approximately 2.9 square kilometres. There are 6 parks, covering nearly 19.4% of the total area. The population of Speers Point in 2016 was 3313 people. By 2021 the population was 3400 showing a population growth of 2.6% in the area during that time. The predominant age group in Speers Point is 50-59 years. Households in Speers Point are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Speers Point work in a professional occupation.In 2021, 74.70% of the homes in Speers Point were owner-occupied compared with 72.80% in 2016.

Speers Point has 1,759 properties. Over the last 5 years, Houses in Speers Point have seen a 64.55% increase in median value, while Units have seen a 60.31% increase. As at 30 April 2026:

  • The median value for Houses in Speers Point is $1,155,022 while the median value for Units is $958,086.
  • Houses have a median rent of $785 while Units have a median rent of $600.
There are currently 16 properties listed for sale, and 3 properties listed for rent in Speers point on OnTheHouse. According to Cotality's data, 87 properties were sold in the past 12 months in Speers point.

Suburb Insights for Speers Point 2284

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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.