Home/Properties/Jesmond/6/181-183 Michael Street
6/181-183 Michael Street, Jesmond$500,000
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For Saleapartment

6/181-183 Michael Street

Jesmond, NSW 2299, Australia
$500,000
2 bed 1 bath 1 car

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About this property

Positioned on the second floor, this stylish two bedroom unit offers the perfect combination of comfort, convenience and investment potential. Ideally located within an easy walk to the University, local shops and public transport, this is an outstanding opportunity for investors and owner occupiers planning ahead. Currently leased until November 2026 at $560 per week, the property provides an immediate rental income with the benefit of a quality tenant already in place. Features include: Two generous bedrooms, both with built-in wardrobes Light-filled open plan living and dining area Modern kitchen with appliances included Contemporary bathroom Internal European-style laundry with washing machine and dryer Reverse cycle air conditioning for year-round comfort Two private balconies providing excellent outdoor living Designated off-street parking space Convenient second-floor position Whether you're looking to expand your investment portfolio or secure a home in a highly sought-after location for the future, this low-maintenance apartment is one not to be missed. Please contact the selling agent, Allen Reece on 0409 814 400 or email sales@reecerealty.com.au to arrange an inspection.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Listed
Yesterday

Repayment calculator

$2,424/month
$1,212 /fortnight
Loan $400,000 at 6.10% over 30 years

Upfront costs

Deposit$100,000
Stamp duty$14,412
Conveyancing (est.)$2,000
Total upfront$116,412
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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 41% 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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