5/106 Memorial DriveBar Beach NSW 2300
Property Details for 5/106 Memorial Dr, Bar Beach
5/106 Memorial Dr, Bar Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 807m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in June 2018.
Last Listing description (August 2018)
The ultimate beachside lifestyle is up for grabs from the surrounds of this spacious 2-bedroom apartment. Positioned directly across the road from Bar Beach, enjoy point blank views stretching from Empire Park to the Pacific and out to Redhead Bluff. Wake up to the sounds of the ocean, carry out your morning surf check from the balcony, then walk to The Junction or Darby Street for coffee or breakfast. Set on the top floor in a boutique block of just six, it features a relaxed open plan layout, electric-equipped kitchen and two bedrooms served by a bathroom with shower. A single garage and dedicated laundry ties the bow. With the option of leaving as is, or carrying out some moderate updates to add value, this lovely apartment will make sense for investors courtesy of its happy long term tenant or those who are looking to buy their first seaside home.
- Fabulous location opposite Bar Beach and a stroll from The Junction and Darby St
- Second floor apartment in boutique setting of just six
- Two bedrooms, one with built-in robe, other with balcony access
- Neat and tidy kitchen with electric cooker; bathroom with shower
- Proximity to Empire Park and Newcastle CBD via the Anzac Memorial walk
- Available with vacant possession or with a happy tenant, returning $450pw
Property History for 5/106 Memorial Dr, Bar Beach, NSW 2300
- 08 Jun 2018Sold for $805,000
- 31 May 2018Listed for Sale $770,000 - $830,000
- 15 Dec 2015Listed for Rent $400 / week
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0About 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.
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