60 Hope StreetWallsend NSW 2287
Property Details for 60 Hope St, Wallsend
Last Listing description (May 2019)
Phone enquiry code for this property: 8212
Offering a rare and unique opportunity for the Savvy Developer in the suburb of Wallsend. A huge block within minutes of Newcastle University and Wallsend Shopping Village. If you are wondering what opportunities lay in Wallsend, ask yourself why Sydney-based Haben Property Group has purchased the 12,000 square metre Wallsend Shopping Centre for $81 million in July 2018.
Existing Opportunity:
- Rare E4 Environmental Living Zoning
- Proposed Manufactured Home Estate Development
- 4Kms from Newcastle Univesity
- 12Kms from Newcastle CBD
- Masterplan with 55 Small Lot Homes
- Move in or Rent the Home and Land
- Consultant reports available incl. Flood Reports, Pre DA Council Minutes Available
- All the hard work has been done, ready for you to commence DA process
- Large Development Block in Residential Area
- Expression if Interest Closes 30 September 2018
With limited available supply there is strong competition which is driving investors to look further abroad in pursuit of greater returns. Strong, growing regional cities such as Newcastle, which are benefiting from significant development, are increasingly being sought after by national and international investors. Nick Willis, CBRE
Phone enquiry code for this property: 8212
Property History for 60 Hope St, Wallsend, NSW 2287
- 24 Aug 2018Listed for Sale Not Disclosed
- 24 Feb 2016Listed for Sale $799,999
- 10 Jun 2015Listed for Sale Best Offer Over $399,999
Recent sales nearby
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About Wallsend 2287
The size of Wallsend is approximately 13.5 square kilometres. It has 41 parks covering nearly 6.7% of 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 6,738 properties. Over the last 5 years, Houses in Wallsend have seen a 54.51% increase in median value, while Units have seen a 55.94% increase. As at 30 April 2026:
- The median value for Houses in Wallsend is $933,210 while the median value for Units is $701,069.
- Houses have a median rent of $650 while Units have a median rent of $580.
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