OFF MARKET

5/104 Memorial Drive
Bar Beach NSW 2300

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Last updated 9 Sep 2024
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Property Details for 5/104 Memorial Dr, Bar Beach

5/104 Memorial Dr, Bar Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces.

Building Type
Unit
Local Government
Newcastle

Last Listing description (May 2023)

- Two bedroom unit opposite Bar Beach
- Queen size bedrooms, both with built ins and one with study area
- Fully reverse cycle air conditioning.

- Kitchen with dishwasher
- Ocean front with two large balconies
- Secure building with remote intercom in a complex of only 4 units
- Security garage with remote and additional parking space
- Beach across the road and 5 minutes walk to Darby street

Property History for 5/104 Memorial Dr, Bar Beach, NSW 2300

A timeline of how this property has performed in the market
Listed for Rent
$575/w
12 May 2023
  • 09 May 2023
    Listed for Rent $575 / 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 719 properties. Over the last 5 years, Houses in Bar Beach have seen a 56.44% increase in median value, while Units have seen a 34.37% increase. As at 31 August 2024:

  • The median value for Houses in Bar Beach is $2,265,264 while the median value for Units is $782,857.
  • Houses have a median rent of $670 while Units have a median rent of $570.
There are currently 7 properties listed for sale, and 2 properties listed for rent in Bar beach on OnTheHouse. According to CoreLogic's data, 18 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.