7/20 Pacific HighwayBlacksmiths NSW 2281
Property Details for 7/20 Pacific Hwy, Blacksmiths
7/20 Pacific Hwy, Blacksmiths is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 4437m2 and floor size of 45m2. While the property is not currently for sale or for rent, it was last sold in June 2022.
Last Listing description (May 2021)
This ground floor one-bedroom unit could do with a spruce up but with a long term tenant in place it has to be the most affordable investment around at the moment.
Located in popular Blacksmiths this unit complex is less than 750 m to Blacksmiths Beach, the Swansea Channel and Lake Macquarie and could be an ideal holiday unit or weekender or an affordable start to building a property investment portfolio.
The combined kitchen/living area is open plan and there is a separate bedroom, shower and toilet, the internal area being approx 45 sq.m in size. There is off street parking for one car.
Currently tenanted and with low overheads, this has to be one of the most attractive investment opportunities ever seen in the area.
Property History for 7/20 Pacific Hwy, Blacksmiths, NSW 2281
- 15 Jun 2022Sold for $160,000
- 04 Jun 2021Sold for $155,000
- 01 Apr 2021Listed for Sale $165,000
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0About Blacksmiths 2281
The size of Blacksmiths is approximately 2 square kilometres. It has 11 parks covering nearly 36% of total area. The population of Blacksmiths in 2011 was 1,843 people. By 2016 the population was 1,845 showing a population growth of 0.1% in the area during that time. The predominant age group in Blacksmiths is 50-59 years. Households in Blacksmiths are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Blacksmiths work in a trades occupation. In 2011, 70.4% of the homes in Blacksmiths were owner-occupied compared with 72.6% in 2016.
Blacksmiths has 1,048 properties. Over the last 5 years, Houses in Blacksmiths have seen a 74.47% increase in median value, while Units have seen a -23.14% decrease. As at 31 October 2024:
- The median value for Houses in Blacksmiths is $1,051,020 while the median value for Units is $287,356.
- Houses have a median rent of $708 while Units have a median rent of $330.
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