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Sold on 28 Mar 2024 for $1,220,000

8/1A Wrightson Avenue
Bar Beach NSW 2300

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Land area: 256m2
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Property Details for 8/1a Wrightson Ave, Bar Beach

8/1a Wrightson Ave, Bar Beach is a 4 bedroom, 2 bathroom Townhouse with 3 parking spaces. The property has a land size of 256m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 4 bedroom Townhouse sold in Bar Beach in the last 12 months.

Building Type
Townhouse
Land Size
256m2
Local Government
Newcastle
Lot/Plan
8/SP87910

Last Listing description (March 2024)

Nestled away from the street in a peaceful and private complex of only eight residences, this rear set townhouse boasts a surprisingly spacious layout. The four-bedroom, two-bathroom dwelling is staged across a dual level layout enhanced by a single garage and exclusive use of two additional parking spaces. A private rear courtyard, and an east-facing balcony off the main bedroom, emerge as enchanting alfresco corners to enjoy some peace and tranquillity. With just a short walk to your choice of pristine beaches, King Edward Park, and the Bogey Hole, you can live amongst the fresh sea air and fit in an invigorating walk, ocean swim or surf before work. Just a few hundred metres separate you from an assortment of lively eateries and boutique shopping at both Darby Street and The Junction. This townhouse is a readymade investment with a great tenant who's keen to stay put, but if you're thinking of moving in, there's plenty of room to spruce it up with some modern touches to truly make it yours.

- Lounge room on entry with split system a/c
- Kitchen/dining featuring electric stove and access to rear courtyard

- Internal access to single garage with auto door, use of two additional parking spaces
- Laundry with second shower and w/c on ground floor
- Four bedrooms on upper level, main with balcony, served by shower bathroom
- Quiet location stroll to Harris Farm, Genesis Gym, Cooks Hill Medical Centre
- Wander to Bar Beach, Darby Street, The Junction, 2.5km/6mins to Newcastle Interchange
- Leased for $730 per week, until 18/06/2023 - tenant would love to stay or vacant possession can be provided
- Council rates are approximately $2,500 per year
- Strata rates are approximately $5,088 per year

Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 8/1a Wrightson Ave, Bar Beach, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$1,220,000
28 Mar 2024
Listed for Rent
$730/w
10 Jun 2023
  • 28 Mar 2024
    Sold for $1,220,000
  • 13 Mar 2024
    Listed for Sale $1,220,000
  • 05 Apr 2023
    Listed for Rent $730 / 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.

Suburb Insights for Bar Beach 2300

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George Rafty
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Joe Olsen
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First National Newcastle City
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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.