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8 Forrest Street, JesmondPrice Withheld
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For Salehouse

8 Forrest Street

Jesmond, NSW 2299, Australia
Price Withheld
4 bed 2 bath264 m²

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About this property

Calling all investors, renovators and savvy buyers, this is the opportunity you've been waiting for. Positioned in a high demand, ultra convenient location, this property is priced to reflect its condition and offers outstanding potential to add value. Set on a fully fenced 264m² block the home features four bedrooms, two bathrooms, a separate lounge, kitchen and dining area plus a covered and paved outdoor space. While the property requires significant maintenance and renovation, the layout and location provide a strong foundation for future returns. Ideally located within walking distance to Newcastle University Callaghan Campus, parks, schools, shopping centre, and essential services, this is a prime spot for strong rental appeal and long-term growth. Whether you're looking to renovate and flip or add to your rental portfolio, this property ticks the right boxes. Key Investment Highlights: Priced to suit current condition exceptional value opportunity 4 bedrooms, 2 bathrooms strong rental configuration Fully fenced 264m² block Covered outdoor area with potential to enhance Walk-to-everything location appealing to tenants Scope to renovate and increase rental yield or resale value Opportunities like this don't last so secure your next project today. To view this property in this investment pocket contact exclusive agent Allen Reece on 0409 814 400 or email sales at sales@reecerealty.com.au

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
4
Bathrooms
2
Land Area
264 m²
Listed
3 months ago

Repayment calculator

$4,048/month
$2,024 /fortnight
Loan $668,000 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$167,000
Stamp duty$28,229
Conveyancing (est.)$2,000
Total upfront$197,229
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 4-bedroom house in Jesmond, NSW 2299 sits within reach of public transport, local shops and nearby schools.

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

  • University Dr before Blue Gum Rd (bus)107 m away
  • Unnamed256 m away
  • Unnamed351 m away
  • Unnamed393 m away
  • Unnamed439 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 · House 3 bed

Compound growth +4.7% / yr over 4 yrs

$814kcurrent median

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Price history

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1 price change recorded for this property

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