OFF MARKET

3/131 Brooks Street
Bar Beach NSW 2300

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 44m2
Land area: 1122m2
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Property Details for 3/131 Brooks St, Bar Beach

3/131 Brooks St, Bar Beach is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 1122m2 and floor size of 44m2. While the property is not currently for sale or for rent, it was last sold in January 2022.

Building Type
Unit
Year Built
1970
Floor Size
44m2
Land Size
1122m2
Local Government
Newcastle
Lot/Plan
3/SP84467

Last Listing description (February 2022)

Christmas has come early with this renovated 1 bedroom unit, with a large bedroom with lovely northerly aspect huge built ins and a single carport. This unit has been well renovated and sits in a block of 13 units very close to the beach and Darby Street. A great ground floor apartment to come home to.

With our tenant moving out, you can re let at the new market rent of approx $420 per week. Or move in yourself...either way its a win win.

An open plan living kitchen area, a well appointed kitchen ideal to cook and entertain in with breakfast bar. Polished floors thru out, bathroom with laundry has a separate toilet which is quite unique for unit this vintage. Unlike the new units these days this strata is well established and well looked after. A very friendly complex that is really really well located in town....if buying is all about location then look no further. This is a walk to beach walk to cafes scenario.

Despite this unit being renovated there is still opportunity left to add your own feel and further increase its value.

- 1 bedroom ground floor unit ( 44m )

- Single carport

- Large bedroom with huge built-ins

- Stunning renovated kitchen

- Rental potential $420 per week

- Strata rates $577.35 per Qtr approx

- Council rates $ 1464 pa approx

- Water rates $1278.00 pa approx

We are requesting inspections be one on one at the moment due to Covid, to book your inspection give Peter a call on 02 40237779 or 0468 407946 or email us peter@saundersonproperty.com.au

Property Code: 153

Property History for 3/131 Brooks St, Bar Beach, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$485,000
05 Jan 2022
Listed for Rent
$340/w
19 Feb 2019
  • 05 Jan 2022
    Sold for $485,000
  • 21 Dec 2021
    Listed for Sale $410,000 to $450,000
  • 16 Jan 2019
    Listed for Rent $340 / 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, 19 properties were sold in the past 12 months in Bar beach.

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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.