1/127 Michael Street, Jesmond NSW 2299
Jesmond Unit
Technical details
How this sale compares
Sold for $330,000 in Nov 2022, up $40,000 (14%) on the $290,000 paid in Sep 2020. That is about 6.0% a year over 2.2 years.
Over the same period the median unit price in Jesmond rose 56%, from $320,000 in 2020 to $500,000 in 2022.
The 2022 sale was 34% below the Jesmond median unit price for that year ($500,000 across 28 sales).
Since then the median unit price in Jesmond has risen 33%, from $500,000 in 2022 to $665,000 over the last 12 months (27 sales).
Jesmond medians use NSW Valuer General sales of $50,000 or more, leaving out part-interest transfers and contracts covering several properties, and need at least 10 sales in the period. See Jesmond sold prices by year.
Rent and yield
Units in postcode 2299 rented for a median $480 a week, from 136 bonds lodged Oct 2025 to Sep 2026.
On its last sale of $330,000 on 30 Nov 2022, that rent is a gross yield of 7.6% a year, before costs and vacancies.
Median weekly rents from residential rental bonds lodged with NSW Fair Trading, by postcode. This home's own rent may differ. See rents by bedrooms in Jesmond.
Related sales
Sale history
Sold is the contract date, when the sale was agreed. Settled is the date ownership transferred.
| Beds | Baths | Cars | Title reference | |||
|---|---|---|---|---|---|---|
| 30 Nov 2022 | 21 Dec 2022 | $330,000 | - | - | - | 1/SP6866 |
| 10 Sep 2020 | 5 Nov 2020 | $290,000 | - | - | - | 1/SP6866 |
| 29 Jul 2016 | 9 Sep 2016 | $245,000 | - | - | - | 1/SP6866 |
$330,000 Sold 30 Nov 2022
Settled21 Dec 2022
Beds-
Baths-
Cars-
Title reference: 1/SP6866
$290,000 Sold 10 Sep 2020
Settled5 Nov 2020
Beds-
Baths-
Cars-
Title reference: 1/SP6866
$245,000 Sold 29 Jul 2016
Settled9 Sep 2016
Beds-
Baths-
Cars-
Title reference: 1/SP6866
Other sales at 127 Michael Street
The most recent sales of other units in this building. See every sale in the building.
| Beds | Baths | Cars | Title reference | ||||
|---|---|---|---|---|---|---|---|
| 2 | 26 Sep 2025 | 7 Nov 2025 | $455,000 | - | - | - | 2/SP6866 |
| 2 | 19 Apr 2024 | 31 May 2024 | $410,000 | - | - | - | 2/SP6866 |
| 3 | 15 Nov 2022 | 13 Dec 2022 | $395,000 | - | - | - | 3/SP6866 |
| 4 | 9 Sep 2016 | 21 Oct 2016 | $295,000 | - | - | - | 4/SP6866 |
$455,000 Sold 26 Sep 2025
Title reference: 2/SP6866
$410,000 Sold 19 Apr 2024
Title reference: 2/SP6866
$395,000 Sold 15 Nov 2022
Title reference: 3/SP6866
$295,000 Sold 9 Sep 2016
Title reference: 4/SP6866
Recent sales on Michael Street
Sold in the last two years.
- 3/94 Michael St, Jesmond 2299 $670,000 sold 19 Aug 2026
- 84 Michael St, Jesmond 2299 $750,000 sold 21 Jul 2026, 594 m²
- 4/94 Michael St, Jesmond 2299 $605,000 sold 15 May 2026
- 87 Michael St, Jesmond 2299 $840,000 sold 24 Apr 2026, 677 m²
- 89 Michael St, Jesmond 2299 $873,000 sold 11 Mar 2026, 677 m²
- 3/90 Michael Street, Jesmond 2299 $665,000 sold 2 Oct 2025
- 11/183 Michael Street, Jesmond 2299 $477,000 sold 8 Aug 2025
- 102 Michael Street, Jesmond 2299 $1,075,000 sold 1 Aug 2025, 1,012 m²
Recent sales nearby
Sold in the last 12 months within about 400 metres.
- 4 Ralph St, Jesmond 2299 $790,000 sold 24 Jul 2026, 306 m²
- 5/11 William St, Jesmond 2299 $665,000 sold 20 Jul 2026
- 278 Newcastle Rd, North Lambton 2299 $780,000 sold 30 Jun 2026, 753 m²
- 1/3 Ralph St, Jesmond 2299 $671,000 sold 11 Jun 2026
- 6/240 Newcastle Rd, Jesmond 2299 $705,000 sold 5 Jun 2026
- 4/18 Janet St, Jesmond 2299 $680,000 sold 22 May 2026
- 57 Janet St, Jesmond 2299 $755,000 sold 15 May 2026, 474 m²
- 53 William St, Jesmond 2299 $450,000 sold 5 May 2026, 651 m²