Lot 101 Jasper Place, Gillieston Heights NSW 2321 (3+2 bed, 227 m2)

Gillieston Heights , Newcastle / Hunter, NSW, Australia, 2321

$ 1,090,000

Gillieston Heights , Newcastle / Hunter, NSW, Australia, 2321
Dual Key Investment Property in Gillieston Heights, NSW (5.49% Yield) | Aus Investment Properties - Photo 1

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Dual Key Investment Property in Gillieston Heights, NSW (5.49% Yield) | Aus Investment Properties - Photo 1
  • Dual Key
  • Property Type
  • 3+2
  • Bedrooms
  • 2+1
  • Bathrooms
  • 2
  • Cars
  • 227

Details

Updated on Oct 28, 2026

Property Type: Dual Key
Price: $ 1,090,000
Land Price: $ 500,000
Build Price: $ 590,000
Gross Per Week: $ 1,150
Gross Per Annum: $ 59,800
Gross Yield: 5.49%
Capital Growth 12 Months: 10.76%
10Yr Annualised Growth: 11.41%
Vacancy Rate: 2.61%
Property Size: 227 m2
Land Area: 537 m2
Bedrooms: 3+2
Bathrooms: 2+1
Parking: 2
Title Status: Registered
Property ID: 43138
SKU: 1054

Description

This dual key house and land package in Gillieston Heights is two dwellings in one structure, with a 3+2 bedroom split, 2+1 bathrooms and 1+1 garages. Combined living area is 227 m2 on a 537 m2 lot, with title registered. Landscaping, fencing and the driveway are included, and ducted air conditioning and stone benchtops are part of the standard specification, so the holding is a complete package rather than a bare build.

Gillieston Heights is in the Maitland local government area of the Newcastle / Hunter region. That regional location supports tenant demand from renters looking for a newer home in the Hunter. Investors can use that demand in a yield-focused portfolio.

For investors, this dual key package pairs two leaseable dwellings with combined indicative builder rent of $1,150 per week, a gross return of $59,800 per annum and a gross yield of about 5.49%.

Dual key properties include two separate living spaces within one structure, supporting two rental incomes from a single holding and flexibility across tenant types.

Each dwelling has its own entry, kitchen, bathroom and garage, so the two can be leased separately or together, which is what supports those two income streams.

Features

  • Dual Key
  • 3+2 bedrooms
  • 2+1 bathrooms
  • 1+1 garages
  • 227 m2 House
  • 537 m2 Land
  • Ducted air conditioning
  • Stone benchtops
  • Landscaping
  • Fencing
  • Driveway

Inclusions

  • 25 year structural guarantee
  • LED downlights and ducted air throughout
  • stone benchtops
  • Soft-close kitchen cabinetry
  • Stainless steel appliances
  • Fully fenced and landscaped yard with covered alfresco
  • Driveway
  • Letterbox
  • clothesline and slimline water tank
  • Ceramic feature wall tiling to the kitchen splashback
  • 1200mm 1 and 1/2 bowl stainless steel sink
  • NBN ready
  • Double power points
  • Pre-wired telephone point and two TV points
  • carpet to bedrooms
  • Mirrored sliding doors to built-in wardrobes
  • ceiling fans to bedrooms
  • Automatic panel lift garage door
  • Colorbond fascia gutter and downpipes
  • Slimline rainwater tank
  • R3.0 ceiling insulation
  • Ducted air conditioning
  • Hard-wired smoke detectors
  • Roller blinds
  • Insect screens to openable windows

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Address Lot 101 Jasper Place, Gillieston Heights NSW 2321 (3+2 bed, 227 m2)
City Newcastle / Hunter
State NSW
Postcode 2321
Suburb Gillieston Heights
Estate Wallis Creek
Region Hunter Region

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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.

Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.

Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.

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