48 Steel Street, Jesmond NSW 2299
Jesmond House
Technical details
How this sale compares
Sold for $775,000 in Jul 2025, up $100,000 (15%) on the $675,000 paid in Jul 2022. That is about 4.7% a year over 3 years.
Over the same period the median house price in Jesmond rose 22%, from $675,000 in 2022 to $825,000 in 2025.
The 2025 sale was 6% below the Jesmond median house price for that year ($825,000 across 41 sales).
Since then the median house price in Jesmond has risen 2%, from $825,000 in 2025 to $840,000 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
Houses in postcode 2299 rented for a median $680 a week, from 384 bonds lodged Oct 2025 to Sep 2026.
On its last sale of $775,000 on 10 Jul 2025, that rent is a gross yield of 4.6% 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 | |||
|---|---|---|---|---|---|---|
| 10 Jul 2025 | 21 Aug 2025 | $775,000 | - | - | - | 182/709282 |
| 8 Jul 2022 | 10 Aug 2022 | $675,000 | - | - | - | 182/709282 |
| 12 Jan 2018 | 21 Feb 2018 | $460,000 | - | - | - | 182/709282 |
$775,000 Sold 10 Jul 2025
Settled21 Aug 2025
Beds-
Baths-
Cars-
Title reference: 182/709282
$675,000 Sold 8 Jul 2022
Settled10 Aug 2022
Beds-
Baths-
Cars-
Title reference: 182/709282
$460,000 Sold 12 Jan 2018
Settled21 Feb 2018
Beds-
Baths-
Cars-
Title reference: 182/709282
Recent sales on Steel Street
Sold in the last two years.
- 3 Steel St, Jesmond 2299 $850,000 sold 16 Feb 2026, 405 m²
- 41 Steel St, Jesmond 2299 $865,000 sold 3 Feb 2026, 481 m²
- 21 Steel Street, Jesmond 2299 $1,150,000 sold 17 Nov 2025, 923 m²
- 19 Steel Street, Jesmond 2299 $1,000,000 sold 14 Nov 2025, 923 m²
- 1/1 Steel Street, Jesmond 2299 $568,000 sold 31 Mar 2025
- 22 Steel Street, Jesmond 2299 $735,000 sold 13 Nov 2024, 323 m²
Recent sales nearby
Sold in the last 12 months within about 400 metres.
- 23 Summit St, North Lambton 2299 $675,000 sold 22 Sep 2026, 481 m²
- 53 Henry St, Jesmond 2299 $980,000 sold 26 Aug 2026, 607 m²
- 3/94 Michael St, Jesmond 2299 $670,000 sold 19 Aug 2026
- 1/24 Percy St, North Lambton 2299 $800,000 sold 30 Jul 2026
- 4 Ralph St, Jesmond 2299 $790,000 sold 24 Jul 2026, 306 m²
- 84 Michael St, Jesmond 2299 $750,000 sold 21 Jul 2026, 594 m²
- 5/11 William St, Jesmond 2299 $665,000 sold 20 Jul 2026
- 1/3 Ralph St, Jesmond 2299 $671,000 sold 11 Jun 2026