PLENTY OF ENQUIRY: The $605,000 sale of this three-bedroom home on a large block in Charlestown was the equal highest for its street.The continued growth in Charlestown is no surprise to Andrew McKiernan, who grew up in the Lake Macquarie suburb, and he cannot see it slowing down yet.
“It already has had good growthbecause the inner city is so expensive, so areas like Charlestown andCardiff are proving popular,” Mr McKiernan, of McKiernan Real Estate, said.
According to n Property Monitors, Charlestown experienced growth of 14.3 per cent last year, the biggest increase since 2004.
For 189 sales, there was a median sale price of $620,000. In 2016, for 228 sales, it was $542,500.
Mr McKiernan sold 26 Willoughby Street in Charlestown on January 25 for a $605,000, the equal highest sale for the street.
Andrew McKiernanNEW HIGH IN HELEN STREETThe sale of a two-bedroom unitin Merewether’s Helen Street has set a new highest mark for its small complex. Robinson Property’s Mike Flook sold unit 1 at 17 Helen Streetfor $735,000 after less than one week on the market.
A new price high was set in this Helen Street unit complex in Merewether.
Alsoin Merewether, homes inMorgan Street and Curry Street were sold for $1.45 million and $1.7 million respectively.
QUICK MOVER IN ERRINGTONA home in New Lambton’s Errington Avenue set a new mark after less a week on the market.
According to n Property Monitors data, the previous biggest sale for the street was $745,000 last year.
Kristen Murnane of Dalton Partners took No.6 to market on January 24 and sold it for $750,000 five days later.
WHERE OTHER SALES WEREA three-bedroom residence inGateshead’sPoplar Place was secured for $470,000.
A three-bedroom home in Montrose Avenue,Adamstown Heights, sold for $725,000.
A home with five bedrooms on around 860 square metres inCardiff’sMyall Road sold for $560,000.
A dual-level brick home on 340 square metres in Thomas Street,Dudley, was bought for $690,000 anda two-bedroom circa 1920s house on around 330 square metres inHamilton’sBeaumont Street sold for $792,000 after a short campaign.