2/58 Bousfield Street, Wallsend NSW 2287
2/58 Bousfield Street, Wallsend NSW 2287
Large strata block | threeโbed villa | suburb median alignment | recent reโlisting | good location
The propertyโs standout feature is its 878 mยฒ lot, which is unusually generous for a villa and provides a land component that most units in this suburb lack. This gives a buyer a rare combination of lowโmaintenance living with outdoor space that could support future subdivision or development if council permits allow. Positioned close to the Wallsend unit median, the property is competitively priced for a threeโbedroom dwelling in a wellโestablished Newcastle suburb. It serves best a downsizer who wants space without a full house, or an investor seeking land upside in a stable market.
The single bathroom is a material limitation for families or shareโhouse tenants, narrowing the buyer pool. The inconsistency between priorโsale records and current listing may signal a quick turnaround or database error โ either way, title and strataโbyโlaw checks are essential before committing. On the opportunity side, the large lot may allow for strataโlot boundary adjustments or a future development application. Supporting infrastructure like NBN FTTN and 5G adds convenience but does not drive value.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 2/58 Bousfield Street, Wallsend NSW 2287
Market Insight:
Wallsend is an established suburb with strong transport links to Newcastle, underpinning its appeal. Demand is driven by its convenient location, ongoing development, and robust rental market. Recent house price growth has been notably strong, with a consistently fast sales pace indicating solid market conditions. Future growth is supported by infrastructure projects and economic activity, though broader market sensitivities remain a consideration.