24 Close Street, Wallsend NSW 2287
24 Close Street, Wallsend NSW 2287
4-bedroom house | 1,012sqm block | 20-metre frontage | family-friendly Wallsend | land-led demand
The propertyโs primary strength is found in its exceptionally large land size of over 1,000 square metres with a wide 20-metre frontage, a combination that is rarely offered in current listings. A four-bedroom, one-bathroom configuration is provided, which is seen as practical for families. This generous block is intended for those who desire space for extension or outdoor enjoyment. In the established suburb of Wallsend, this house is well-positioned for owner-occupiers who value land holdings over modern finishes. The existing presentation is described as beautifully maintained, suggesting the home is ready for immediate occupation.
The value of this property may be influenced by its single-bathroom configuration, which is considered less common in four-bedroom homes and might narrow the buyer pool. Renovation costs should be weighed, as no interior finishes have been documented. The land size is seen as the primary value driver, and any future area development might affect pricing. A thorough condition assessment is advised before a price view is formed.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 24 Close 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.