16 Peters Ave, Wallsend is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1965. The property has a land size of 641m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in July 2021.
Conveniently located in the peaceful family friendly neighbourhood of Wallsend on a 638.6 sqm block (approx.), this property offers not only a durable main house which could be leased for $650 per week and a separate modern granny flat that could be leased for $375 per week, providing a total rental return of $1,025 per week (approx.). Having the granny flat is ideal for extended family/guests to stay or for an owner that would like to earn a supplement income whilst living in the main home. This ideal family home is also only minutes' drive to a choice of quality schools, childcare centres, parklands, sporting fields & other specialty retail shops.
As you step inside, you are greeted by a warm and inviting living room adorned with a cozy original fireplace with gas connection, perfect for those chilly evenings. The spacious layout features beautiful hardwood flooring that flows seamlessly throughout the home, enhancing its charm and character. The thoughtfully designed interior boasts ample natural light, creating a bright and airy atmosphere. The property boasts 3-bedrooms in the original residence with the addition of a modern fully detached 1 bedroom studio/granny flat which includes a large fully tiled bathroom and modern kitchen. The heart of this home is undoubtedly the modern kitchen, equipped with sleek cabinetry and quality appliances, making it a joy to prepare meals. This property is perfect for families that require mutigenerational living or investors looking for a premium investment return with multiple income streams.
Property Features:
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The size of Wallsend is approximately 13.5 square kilometres. There are 41 parks, covering nearly 6.7% of the total area. The population of Wallsend in 2016 was 12470 people. By 2021 the population was 13244 showing a population growth of 6.2% in the area during that time. The predominant age group in Wallsend is 20-29 years. Households in Wallsend are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wallsend work in a professional occupation.In 2021, 59.30% of the homes in Wallsend were owner-occupied compared with 61.20% in 2016.
Wallsend has 6,748 properties. Over the last 5 years, Houses in Wallsend have seen a 38.29% increase in median value, while Units have seen a 50.41% increase. As at 31 July 2026:
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