What’s Selling: Charlestown home with ‘park-like surrounds’ in Jordan Street sells for $1.125 million

SPACE: This home in Charlestown’s Jordan Street, was set on 1612 square metres of land and lasted just two weeks on the market before being sold.A residence with “park-like surrounds” that was the birthplace of Charlie’s Run For Kids charityin Charlestown has given Jordan Street its first million-dollar sale.

Ray White’s Teresa Heighington sold No.3 for $1.125 million. The four-bedroom home was set on a1612 square metre block and had had the same owner for over 30 years.

Homes in the cul-de-sac are tightly held, with the last one being sold in 2012, according to n Property Monitors data.

Ms Heighington said the property that had development potential was being marketed with a guide of $1.1 million to $1.2 million and the sale exceeded expectations.

Read more: International interest for Pokolbin estate

The property lasted just two weeks on the market before being secured by a local buyer.

“A standard house on a standard block wouldn’t have achieved that,” Ms Heighington said. “It’s fantastic for the area.”

This home in Charlestown enjoyed ‘park-like surrounds’ and is the first million-dollar home for Jordan Street.

Also in Charlestown, a three-bedroom home on the Pacific Highway was bought for $525,000.

The median sale price for Charlestown rose from $542,500 in 2016 to $620,500 last year.

A home which had been in the same family for over 50 years and was set on over 700 square metres of land in Hillsborough’s Percy Street sold for $600,000.

Read more: Panel-beating workshop turned ‘funky’ home in Islington

In the tightly heldEast End, where there has been a string of properties hit the market this year, 1 Stevenson Place sold for $1.75 million.

It comes after No.6 in the street was sold for $1.8 million last month.

A three-bedroom townhouse with water views in Carrington’s Forbes Street wassold for $875,000.

A renovated three-bedroom home on 304 square metres in Maryville’s EstellStreet was bought for $800,000 and a three-bedroom home on 305 square metres in Lewis Street sold for $745,000 as the harbourside suburb continues to prove popular in the marketplace.

In Cardiff South’sMaud Street, a three-bedroom home on over 700 square metres was securedfor $550,000. In New Lambton, there was a $1.17 million sale for a home in Hooper Street within walking distance of Blackbutt’s Richley Reserve and a sale of $1.07 million in Portland Place.

Read more: The Heights of tranquility in Croudace Road