FOR SALE
$270,000 - $295,000

4/5 Waterman Street
Old Bar NSW 2430

Bedrooms: -
Bathrooms: 1
Car spaces: -
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WHEN THE PRICE IS RIGHT

Looking for a solid investment opportunity offering great rental yield? Then look no further than unit 4/5 Waterman Street, Old Bar. This studio apartment is just a short walk to the town centre, with Coles, Cafe's, Bakery and Butchers just a few of the many amenities that this unit is handy to.
- Currently renting for $290 per week to a great tenant.
- Rear private car park for convenience and access
- Strata rates of - $658.85* per quarter.
- Excellent location, approximately 100m* from town centre and 600m* from the beach.
- Low maintenance brick and tile complex
- Freshly painted throughout, new vanity in the bathroom, new oven in the kitchen
If you're looking for an affordable investment opportunity to either begin your journey, or maybe add one to your growing portfolio, make sure not to pass up on Unit 4/5 Waterman Street, Old Bar. Give Josh or Jordan Robards a call today to book your inspection!
Disclaimer: All information contained therein is gathered from relevant third party sources.
We cannot guarantee or give any warranty about the information provided.
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Property Details for 4/5 Waterman St, Old Bar

4/5 Waterman St, Old Bar is a 0 bedroom, 1 bathroom Unit. The place is currently for sale with LJ Hooker Old Bar Beach.

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About Old Bar 2430

The size of Old Bar is approximately 24.4 square kilometres. It has 11 parks covering nearly 26.6% of total area. The population of Old Bar in 2011 was 4,271 people. By 2016 the population was 4,415 showing a population growth of 3.4% in the area during that time. The predominant age group in Old Bar is 60-69 years. Households in Old Bar are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Old Bar work in a professional occupation. In 2011, 66.2% of the homes in Old Bar were owner-occupied compared with 67.8% in 2016.

Old Bar has 3,141 properties. Over the last 5 years, Houses in Old Bar have seen a 58.98% increase in median value, while Units have seen a 49.61% increase. As at 30 November 2024:

  • The median value for Houses in Old Bar is $771,346 while the median value for Units is $478,915.
  • Houses have a median rent of $580 while Units have a median rent of $450.
There are currently 54 properties listed for sale, and 7 properties listed for rent in Old bar on OnTheHouse. According to CoreLogic's data, 153 properties were sold in the past 12 months in Old bar.

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Josh Robards
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Jordan Robards
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LJ Hooker Old Bar Beach
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