28 Downie Street, Maryville NSW 2293

Compact 1945 cottage | Flood overlay recorded | Small 236–240sqm lot | 2 bed, 1 bath, 1 car | Tight inner-suburb market This property is competitively strong as a rare freestanding house in a tightly held inner Newcastle suburb with minimal housing turnover. Its 1945 build and compact lot suit buyers seeking an older character home within walking distance to cafes and the waterfront. The small land size and single-level configuration typically attract owner-occupiers looking for low-maintenance living or downsizers wanting proximity to the city, while the constrained local supply supports steady demand from investors targeting scarcity-driven rental returns. The presence of NBN and 5G connectivity adds practical appeal for modern occupants. The flood overlay may affect insurance costs and buyer perception, which could influence sale price negotiation. The building area varies between 82 and 116 square meters across sources, so actual internal space should be verified. Rental estimates are inconsistent, with one source suggesting $680 per week and another $450 per week, meaning yield projections depend heavily on which figure is used. The 1945 build may require updates, and limited public detail on finishes or renovations means the property’s condition should be inspected to assess any deferred maintenance that might affect value.