SOLD
Sold on 05 Apr 2024 for $397,500

2/86 Memorial Drive
Bar Beach NSW 2300

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
Land area: 613m2
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Property Details for 2/86 Memorial Dr, Bar Beach

2/86 Memorial Dr, Bar Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1961. The property has a land size of 613m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Bar Beach in the last 12 months.

Building Type
Unit
Year Built
1961
Floor Size
68m2
Land Size
613m2
Local Government
Newcastle
Lot/Plan
2/SP469

Last Listing description (December 2014)

Boasting a blue chip position footsteps from beautiful Bar Beach, this expertly rejuvenated apartment offers superior living and mesmerising ocean views in an unbeatable lifestyle setting. Flooded in warmth and natural light from its glorious second floor position, it is generously proportioned and stylishly appointed opening to a balcony with breathtaking water vistas as far as Dudley Bluff.

Watch the ships pass from the generous light filled living and dining space and modern new kitchen with quality appointments, which flow to the outdoor space. A fresh bathroom is ideally placed between two airy bedrooms; the main is graced with north-easterly light and superb views and features a built-in robe. Off street parking is provided by way of a lock up garage that also contains a laundry and beach shower.


Stroll across to the beachside caf and surf club or wander to Darby Street's restaurants, entertainment and walking tracks, all within easy reach of this spectacular address.

- Second (top) floor apartment in boutique complex of only six
- Expertly rejuvenated and stylishly appointed throughout
- Sun-filled open plan living and dining extending to balcony
- Uninterrupted ocean views from almost every angle
- Fresh modern kitchen equipped with electric cooking and dishwasher
- Bright renovated bathroom; beach shower and laundry in garage
- Two airy bedrooms, main appointed with built-in robe
- Easycare coastal lifestyle opposite Bar beach and footsteps to Cooks Hill surf club
- Easy access to Darby Street, King Edward Park and Newcastle CBD

Contact your selling agent George Rafty.

Property History for 2/86 Memorial Dr, Bar Beach, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$397,500
05 Apr 2024
Listed for Rent
$400/w
19 Jun 2013
  • 05 Apr 2024
    Sold for $397,500
  • 25 Oct 2017
    Sold for $355,000
  • 10 Dec 2014
    Sold for $622,000
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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 45.12% increase in median value, while Units have seen a 20.38% increase. As at 30 November 2024:

  • The median value for Houses in Bar Beach is $2,204,231 while the median value for Units is $745,194.
  • Houses have a median rent of $1,050 while Units have a median rent of $580.
There are currently 2 properties listed for sale, and no properties listed for rent in Bar beach on OnTheHouse. According to CoreLogic's data, 19 properties were sold in the past 12 months in Bar beach.

Suburb Insights for Bar Beach 2300

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.