23/49 Mawson Street, Shortland NSW 2307
23/49 Mawson Street, Shortland NSW 2307
3-bed modern townhouse | dual parking & drive-through garage | second toilet & study nook | flood/bushfire overlays noted | practical family/rental demand
This townhouse is positioned above the typical stock in its suburb, with three bedrooms, two toilets, and a drive-through garage. The fitout is modern, with stone benches, gas cooking, and split-system air conditioning. A study nook and separate bath and shower broaden its appeal. The low-rise estate setting with a private courtyard suits first-home buyers, young families, and downsizers wanting practical space without land upkeep. Investors are served well, as the configuration supports family and professional tenants, and proximity to the university and hospital corridor keeps rental demand steady. This is owner-occupier quality rather than basic investor stock.
Flood and bushfire overlays may affect insurance costs and may create caution among buyers. The absence of a premium school pull could limit prestige demand. These factors might be weighed against the dual parking, layout, and presentation when a price is formed, so the final result may vary around the lower end of local townhouse sales.
Detailed Independent Property Report prepared by PropCred Analyst team for 23/49 Mawson Street, Shortland NSW 2307
Checks found:
Value Risk
✕
2
Liquidity Risk
!
1
Planning Risk
!
1
Income Risk
✕
2
Execution Risk
✓
Market Insight
Shortland, 12 kilometres from Newcastle’s CBD and adjacent to the University of Newcastle, is drawing owner-occupiers seeking proximity to the university and wetlands, plus investors attracted by a low entry point. The median house price sits between $767,500 and $793,000, with annual growth of 9.6–12.1% and a 25.3% gain over five years; units deliver a 5.29% gross yield. Houses sell in a median 16 days, on 68 sales a year, with just 0.66% of stock listed. Future demand hinges on the university anchor and tight supply, though the thin sales turnover and limited rental availability remain constraints.
PropCred Estimated Value
Comparable Sales: 18/49 Mawson Street at $625,000 and 22/43 Mawson Street at $690,000 | Property Price Band: $650K–$750K | Value Drivers: modern condition, flexible layout, dual parking and rear access
Bedrooms
3
Bathroom
2
Parking
1
Land
1.21 ha
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