OFF MARKET

2/40 Parkway Avenue
Bar Beach NSW 2300

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Last updated 11 Nov 2024
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Property Details for 2/40 Parkway Ave, Bar Beach

2/40 Parkway Ave, Bar Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces.

Building Type
Unit
Local Government
Newcastle

Last Listing description (February 2024)

Live life close the beach, transport, cafe and restaurants.
Two bedroom apartment centrally located only minutes walk to Darby Street or the beach. Large living area. Renovated bathroom & kitchen. Gas cooking. Two bedrooms with timber blinds and access to balcony off main. Single lock up garage.

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Property History for 2/40 Parkway Ave, Bar Beach, NSW 2300

A timeline of how this property has performed in the market
Listed for Rent
$500/w
24 May 2023
  • 08 May 2023
    Listed for Rent $500 / 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 712 properties. Over the last 5 years, Houses in Bar Beach have seen a 40.35% increase in median value, while Units have seen a 29.66% increase. As at 31 October 2024:

  • The median value for Houses in Bar Beach is $2,182,357 while the median value for Units is $806,269.
  • Houses have a median rent of $1,050 while Units have a median rent of $590.
There are currently 6 properties listed for sale, and 4 properties listed for rent in Bar beach on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Bar beach.

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