43 Albert StreetSpeers Point NSW 2284
Property Details for 43 Albert St, Speers Point
43 Albert St, Speers Point is a 5 bedroom, 5 bathroom BlockOfUnits with 5 parking spaces. The property has a land size of 1157m2. While the property is not currently for sale or for rent, it was last sold in February 2025. There are other 5 bedroom BlockOfUnits sold in Speers Point in the last 12 months.
Last Listing description (February 2025)
Being offered for sale by In-Room Auction as part of sale of Portfolio, this freestanding block of five 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 opposite Lake Macquarie.
All units are spacious one bedrooms, with good size living and dining spaces, updated kitchens with plenty of cupboard space.
Located opposite Lake Macquarie with uninterrupted lake views, on a large 1,157 m2 R3 zoned block this rare offering screams development potential with a variety of options STLCA.
Literally opposite Lake Macquarie this impressive property must be seen.
Features include
• Five generous one bedroom units all with built ins
• Good sized living areas
• Updated kitchen and bathroom
• Separately metered for water and electricity
• Undercover parking at rear
• Large 1,157m2 block - approx 20mtrs by 60mtrs
• Uninterrupted Lake Macquarie views
• Gross return of $99,320 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 and additional photos and related information email agent - view at scheduled times.
Outgoings
• Water: $1,528.26 pq - Approx.
• Council: $541.50 pq
• Insurance: $5,945.00 pa
• Yard Maintenance: $3,840.00 - Approx.
Current Rental Return
• $98,800 per annum
Property History for 43 Albert St, Speers Point, NSW 2284
- 18 Jun 2025Listed for Rent $440 / week
- 12 Feb 2025Sold for $2,280,000
- 14 Jan 2025Listed for Sale In Room Auction
Recent sales nearby
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0About Speers Point 2284
The size of Speers Point is approximately 2.9 square kilometres. It has 6 parks covering nearly 19.4% of 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 1,749 properties. Over the last 5 years, Houses in Speers Point have seen a 69.11% increase in median value, while Units have seen a 59.13% increase. As at 30 November 2025:
- The median value for Houses in Speers Point is $1,088,921 while the median value for Units is $888,447.
- Houses have a median rent of $720 while Units have a median rent of $620.
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