64A Tramway DriveWest Wallsend NSW 2286
Property Details for 64a Tramway Dr, West Wallsend
64a Tramway Dr, West Wallsend is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 2018. The property has a land size of 267m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in December 2019.
Last Listing description (January 2020)
Building completed in 2019 and the property has been recently tenanted with a great tenant at $410 per week. Almost a 5% rental yield. If you are looking for a low maintenance, positive cash flow property investment in a great location then look no further. If you are looking at a low cost downsize to live in or an entry level home for your expanding family this also has you covered.
West Wallsend has steady capital growth year on year with low rental vacancy rates. It is a solid family area with great schools in the precinct and typically less than a 1% vacancy rate.
What an opportunity to acquire a great high returning investment property within easy proximity to the Newcastle University.
At A Glance
3 bedroom, 2 bathroom duplex on Torrens Title
Low maintenance block
Master with ensuite, walk in robe and air conditioner
Open plan main living with air conditioner
Remote access garage with internal access
Stylish kitchen with Stainless steel oven and Caesar stone benchtops
Sydney 1 hour 22mins
Primary School - 3 mins
Public High School - 8 min walk
Westfield Kotara - 22mins
John Hunter Hospital - 19mins
Newcastle Airport - 30mins
Newcastle University - 18mins
Mereweather Beach - 30 mins
Property History for 64a Tramway Dr, West Wallsend, NSW 2286
- 05 Dec 2019Sold for $437,500
- 30 May 2019Listed for Sale $459,950
- 28 Feb 2019Listed for Rent $410 / week
Recent sales nearby
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About West Wallsend 2286
The size of West Wallsend is approximately 14.0 square kilometres. There are 8 parks, covering nearly 18.4% of the total area. The population of West Wallsend in 2016 was 2240 people. By 2021 the population was 2981 showing a population growth of 33.1% in the area during that time. The predominant age group in West Wallsend is 20-29 years. Households in West Wallsend are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Wallsend work in a trades occupation.In 2021, 73.90% of the homes in West Wallsend were owner-occupied compared with 74.70% in 2016.
West Wallsend has 1,225 properties. Over the last 5 years, Houses in West Wallsend have seen a 57.54% increase in median value, while Units have seen a 74.64% increase. As at 30 April 2026:
- The median value for Houses in West Wallsend is $899,381 while the median value for Units is $585,546.
- Houses have a median rent of $690.
Suburb Insights for West Wallsend 2286
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