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18/181-183 Michael Street, Jesmond$535,000
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18/181-183 Michael Street

Jesmond, NSW 2299, Australia
$535,000
2 bed 1 bath 1 car

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About this property

Contemporary, second floor two bedroom unit in a cul-de-sac, an easy walk to services and facilities. Open plan design, double sized bedrooms with built in robes, lounge and dining areas are light and airy with reverse cycle air conditioning and two balconies. A generous living and dining area with reverse cycle air conditioning flows seamlessly into a modern galley-style kitchen, complete with a gas cooktop, dishwasher, and internal European laundry including washing machine and dryer. The space is further enhanced by two private balconies, each accessible from opposite sides of the living area. Both bedrooms are double in size and feature built-in wardrobes, offering ample storage. Positioned on either side of the white tiled bathroom, they provide a practical and well-balanced layout. The unit also includes a designated off-street parking space, with additional visitor parking available within the complex. Designed for low-maintenance living, it is ideally positioned just a short walk from shopping, public transport, Newcastle University, and local services. With a current rental return of $600 per week, this property represents an attractive investment opportunity as well as a convenient home base. For further details contact Allen Reece on 0409 814 400 or email sales@reecerealty.com.au

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Listed
3 months ago

Repayment calculator

$2,594/month
$1,297 /fortnight
Loan $428,000 at 6.10% over 30 years

Upfront costs

Deposit$107,000
Stamp duty$15,637
Conveyancing (est.)$2,000
Total upfront$124,637
Verify with NSW revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Jesmond

This 2-bedroom apartment in Jesmond, NSW 2299 sits within reach of public transport, local shops and nearby schools. It is listed 37% below the $850,000 median of 53 comparable apartmentswithin 5 km.

Schools near Jesmond

  • Heaton Public Schoolprimary · K-6 · CoEd
  • Jesmond Public Schoolprimary · K-6 · CoEd
  • Callaghan College Jesmond Senior Campussecondary · 11-12 · CoEd

What's nearby

  • Newcastle Rd before Blue Gum Rd (bus)120 m away
  • Young Asian Grocery116 m away
  • Hugo Reserve347 m away
  • Unnamed398 m away
  • Unnamed501 m away

Jesmond at a glance

Full suburb profile
Population
3,210
Median age
31
Household income
$1,180/wk
Median rent
$350/wk
Median mortgage
$1,652/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Jesmond price trend

Median sold · Unit 2 bed

Compound growth +5.4% / yr over 4 yrs

$513kcurrent median

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Price history

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1 price change recorded for this property

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