Lot 146 Azalea Crescent, Gillieston Heights NSW

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

$ 1,152,200

Gillieston Heights , Newcastle / Hunter, NSW, Australia, 2321
Dual Key Investment Property in Gillieston Heights, NSW (5.42% Yield) | Aus Investment Properties - Photo 1
Dual Key Investment Property in Gillieston Heights, NSW (5.42% Yield) | Aus Investment Properties - Photo 2

Property Images

Dual Key Investment Property in Gillieston Heights, NSW (5.42% Yield) | Aus Investment Properties - Photo 1 Dual Key Investment Property in Gillieston Heights, NSW (5.42% Yield) | Aus Investment Properties - Photo 2
  • Dual Key
  • Property Type
  • 3+2
  • Bedrooms
  • 2+1
  • Bathrooms
  • 1+1
  • Cars
  • 214

Details

Updated on Oct 10, 2026

Property Type: Dual Key
Price: $ 1,152,200
Land Price: $ 549,000
Build Price: $ 603,200
Gross Per Week: $ 1200*
Gross Per Annum: $ 62,400
Gross Yield: 5.42%
Capital Growth 12 Months: 10.76%
10Yr Annualised Growth: 11.41%
Vacancy Rate: 2.21%
Property Size: 214 m2
Land Area: 615 m2
Bedrooms: 3+2
Bathrooms: 2+1
Parking: 1+1
Title Status: Registered
Property ID: 40206
SKU: 1054

Description

This dual key house and land package in Gillieston Heights offers a 3+2 bedroom layout, 2+1 bathrooms and 1+1 garages, with 214 m2 under roof on a 615 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 it 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 offers an appraised rent of about $1,200 per week combined across two dwellings.

A dual key home places two separate living spaces in one structure, giving two rental incomes and flexibility across tenant types.

Each dwelling has its own entry, bedrooms, bathroom and garage, so the two can be leased separately or together.

Features

  • Landscaping
  • Fencing
  • Driveway
  • Dual key
  • 3+2 bedrooms
  • 2+1 bathrooms
  • 1+1 garages
  • ducted air conditioning
  • stone benchtops
  • landscaping
  • fencing
  • driveway
  • Dual Key
  • 1+1 Garages
  • 2+1 Bathrooms

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
  • Stone benchtops
  • Carpet to bedrooms
  • Ceiling fans to bedrooms
  • NBN Ready

Floor plans

Dual Key Investment Property in Gillieston Heights, NSW (5.42% Yield) | Aus Investment Properties - Floor Plan 1

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Address Lot 146 Azalea Crescent, Gillieston Heights NSW
City Newcastle / Hunter
State NSW
Postcode 2321
Suburb Gillieston Heights
Estate Wallis Creek

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ENQUIRE ABOUT THIS PROPERTY

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  • High-yielding properties.
  • Independent rental assessment.
  • Full turnkey properties, 'Ready to Rent'.
  • Brand new properties with builders warranty.
  • High quality, highly specified properties.
  • Tax and depreciation benefits from new properties.
  • Buy direct from the builder.
  • Investor or SMSF.
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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.

SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.

This property is a single-contract property suitable for an SMSF.

SMSF Single Contract

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