SOLD
Sold on 08 Sep 2023 for $691,000

1/40 Parkway Avenue
Bar Beach NSW 2300

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 67m2
Land area: 820m2
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Sold By
Damian Rafty
LaneCampos
Dave Lane
LaneCampos
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Property Details for 1/40 Parkway Ave, Bar Beach

1/40 Parkway Ave, Bar Beach is a 2 bedroom, 1 bathroom House and was built in 1988. The property has a land size of 820m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 2 bedroom House sold in Bar Beach in the last 12 months.

Building Type
House
Year Built
1988
Floor Size
67m2
Land Size
820m2
Local Government
Newcastle
Lot/Plan
1/SP33214

Last Listing description (September 2023)

Exquisitely positioned within walking distance to Bar Beach and located on the ground floor of the art deco, boutique apartment 'Acropolis' building, this designer property will give one lucky buyer a superb offering. Brimming with natural light and space it flaunts an ambiance of unique warmth.

With effortless contemporary finishes and quality timber flooring, this home has a location screaming lifestyle. Boasting a functional layout and located centrally in the village heart, it's just a stone's throw from transport, Darby Street cafs and restaurants, and minutes to the sandy shores of the beach.

Highlights:

-- Two generous bedrooms
-- Main bedroom with air conditioning and built-in robe
-- Plantation shutters and polished timber floors
-- Light-filled lounge room
-- Kitchen with gas cooking and air conditioning
-- Art deco bathroom with bathtub and original pedestal hand basin
-- Shared laundry facilities
-- Courtyard garden space within the complex

Here and there:
-- School catchment - The Junction Public School - 10min walk (800m)
-- Bar Beach - 5min walk (350m)
-- Darby Street restaurants & cafes - 10min walk (800m)
-- The Junction caf and retail hub - 7min walk (550m)
-- Empire Park - 4min walk (300m)
-- National Park Sportsgrounds - 8min walk (600m)

-- Approx. weekly rental return - in the vicinity of $540
-- Approx. council rates per quarter - $434
-- Approx. strata rates per quarter - $1,240
-- Approx. water rates per third - $233 (not incl. usage)

For more information, please contact Dave or Damian on 4967 6770.

Disclaimer:
All information contained herein has been gathered from sources we consider reliable. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own inquiries in order to determine whether or not this information is in fact accurate.

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Property History for 1/40 Parkway Ave, Bar Beach, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$691,000
08 Sep 2023
Listed for Rent
$540/w
24 Jul 2023
  • 08 Sep 2023
    Sold for $691,000
  • 14 Aug 2023
    Listed for Sale Under Contract
  • 04 Jul 2023
    Listed for Rent $540 / week
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About Bar Beach 2300

The size of Bar Beach is approximately 0.5 square kilometres. It has 4 parks covering nearly 33.2% of total area. The population of Bar Beach in 2011 was 1,124 people. By 2016 the population was 1,236 showing a population growth of 10.0% in the area during that time. The predominant age group in Bar Beach is 20-29 years. Households in Bar Beach are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Bar Beach work in a professional occupation. In 2011, 40.4% of the homes in Bar Beach were owner-occupied compared with 50.7% in 2016.

Bar Beach has 718 properties. Over the last 5 years, Houses in Bar Beach have seen a 47.72% increase in median value, while Units have seen a 37.83% increase. As at 31 July 2024:

  • The median value for Houses in Bar Beach is $2,232,839 while the median value for Units is $809,335.
  • Houses have a median rent of $670 while Units have a median rent of $570.
There are currently 7 properties listed for sale, and no properties listed for rent in Bar beach on OnTheHouse. According to CoreLogic's data, 20 properties were sold in the past 12 months in Bar beach.

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