OFF MARKET

3/129 Brooks Street
Bar Beach NSW 2300

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 798m2
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Property Details for 3/129 Brooks St, Bar Beach

3/129 Brooks St, Bar Beach is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 798m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
1960
Land Size
798m2
Local Government
Newcastle
Lot/Plan
3/SP83625

Last Listing description (October 2023)

Welcome to the epitome of sophisticated living in one of Newcastle's most prestigious and sought-after suburbs. Nestled within a boutique complex of only 8 units, this stunning one-bedroom residence offers a lifestyle that seamlessly combines urban convenience with coastal charm.

Key Features:
Spacious living area with gleaming polished floorboards, creating an inviting and elegant atmosphere

Modern kitchen adorned with a stylish breakfast bar return, perfect for casual dining and entertaining
Serene bedroom featuring plush carpeting and a convenient built-in robe, providing ample storage space
Enjoy year-round comfort with a split system air conditioning unit, maintaining the perfect temperature indoors
Your very own single carport ensures secure and hassle-free parking, a true luxury in this sought-after locale

Unbeatable Location:
Embrace the ultra-inner city and beach lifestyle with the privilege of being only:
270 meters away (approx) from the vibrant Darby Street, known for its eclectic dining, shopping, and entertainment options
A mere 850 meters (approx) from the breath taking Bar Beach, where golden sands and sparkling waves beckon
Just 290 meters (approx) from the fresh produce haven of Harris Farm Markets, catering to your culinary desires
A leisurely 280 meters (approx) stroll to Nesca Park, offering a serene oasis for relaxation and outdoor activities

Investor's Delight or Your Future Home:
Currently generating an impressive rental return of $390 per week, this unit presents a lucrative investment opportunity that seamlessly blends capital growth with rental income
Alternatively, envision your perfect future home, benefiting from the enviable location and lifestyle this property has to offer
Immerse yourself in the thriving urban energy of Newcastle's inner city, while still relishing the tranquillity of a boutique complex

Don't miss your chance to secure this exceptional unit that effortlessly combines elegance, convenience, and coastal allure. Whether you're seeking a savvy investment or dreaming of your own sanctuary by the sea, this property is the embodiment of your desires. Act swiftly to make it yours today!

Strata Levies: Approx $694.30 per quarter

Property History for 3/129 Brooks St, Bar Beach, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$430,000
27 Aug 2023
Listed for Rent
$380/w
29 Jun 2023
  • 27 Aug 2023
    Sold for $430,000
  • 22 Aug 2023
    Listed for Sale Preview
  • 26 May 2023
    Listed for Rent $380 / 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 710 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 3 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.

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.