SOLD
Sold on 24 May 2024 for $735,000

8 Old Princes Highway
Batemans Bay NSW 2536

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 130m2
Land area: 901m2
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Property Details for 8 Old Princes Hwy, Batemans Bay

8 Old Princes Hwy, Batemans Bay is a 4 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 901m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 4 bedroom House sold in Batemans Bay in the last 12 months.

Building Type
House
Floor Size
130m2
Land Size
901m2
Local Government
Eurobodalla
Lot/Plan
1/DP118980

Last Listing description (August 2024)

Located on the old Princess Highway, these two good sized blocks offer a total of 1847m2 of prime real estate. With a zoning designation of R3, these lots present an excellent opportunity for a multi-unit development project. Positioned overlooking both the town and the sea, the elevated terrain of these lots provides an ideal canvas for architects to maximize breathtaking water views in the design of future apartments.
The convenience of easy access to town ensures that potential buyers will appreciate the accessibility and proximity to amenities. If you're in search of your next development venture, these blocks should undoubtedly be at the top of your list. Don't miss out on the chance to capitalize on this promising opportunity - call today to secure your investment in this prime location.

Property History for 8 Old Princes Hwy, Batemans Bay, NSW 2536

A timeline of how this property has performed in the market
Last Sold
$735,000
24 May 2024
Listed for Rent
$488/w
20 Sep 2021
  • 24 May 2024
    Sold for $735,000
  • 21 Mar 2024
    Listed for Sale $800,000
  • 28 Apr 2023
    Listed for Sale $770,000
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About Batemans Bay 2536

The size of Batemans Bay is approximately 34.6 square kilometres. It has 8 parks covering nearly 95.5% of total area. The population of Batemans Bay in 2011 was 1,432 people. By 2016 the population was 1,518 showing a population growth of 6.0% in the area during that time. The predominant age group in Batemans Bay is 60-69 years. Households in Batemans Bay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Batemans Bay work in a sales workers occupation. In 2011, 38.3% of the homes in Batemans Bay were owner-occupied compared with 37.5% in 2016.

Batemans Bay has 2,039 properties. Over the last 5 years, Houses in Batemans Bay have seen a 56.41% increase in median value, while Units have seen a 65.69% increase. As at 31 October 2024:

  • The median value for Houses in Batemans Bay is $632,842 while the median value for Units is $497,141.
  • Houses have a median rent of $460 while Units have a median rent of $418.
There are currently 39 properties listed for sale, and 5 properties listed for rent in Batemans bay on OnTheHouse. According to CoreLogic's data, 66 properties were sold in the past 12 months in Batemans bay.

Suburb Insights for Batemans Bay 2536

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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.