SOLD
Sold on 25 Jan 2024 for $726,000

73 Ridge Street
Catalina NSW 2536

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 192m2
Land area: 630m2
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Property Details for 73 Ridge St, Catalina

73 Ridge St, Catalina is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 630m2 and floor size of 192m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 5 bedroom House sold in Catalina in the last 12 months.

Building Type
House
Year Built
1975
Floor Size
192m2
Land Size
630m2
Local Government
Eurobodalla
Lot/Plan
39/DP27222

Last Listing description (February 2024)

Introducing an exceptional opportunity with a stunning outlook that combines steady rental income with potential for future growth.

With the current lease expiring in November 2023, simply move in for summer, or renew the lease with a steady income and reliable tenant.

This two-story home offers an ideal chance to secure a valuable property that promises both immediate returns and long-term profitability. With its strategic location and desirable features, this property is a wise choice for astute investors.

The lower level of this home features a garage and carport, ensuring ample parking space for tenants and their vehicles. Inside, you'll find a comfortable bedroom, a spacious rumpus room, and a dedicated office space. Additionally, a convenient laundry/bathroom combination adds further practicality to this level.

Ascend to the upper level, where three inviting bedrooms await. A well-appointed bathroom caters to the needs of the household. The heart of this home lies in the open plan kitchen, meals, and living area, providing a vibrant and inclusive space for everyday living. This area seamlessly connects to a covered rear deck, offering captivating water outlooks and scenic views, enhancing the overall appeal of the property.

Other Features unique to this property:
? Accessible from the rear deck, the fully fenced backyard provides a secure and private space for outdoor activities.
? Positioned in a sought-after area of Catalina, this investment property offers a strategic location that appeals to tenants and potential buyers alike.
? $570 per week rent until Nov 2023 - possibility to renew as an investment or move in and make it yours.
? 3.3 Km to Batemans Bay CBD.
? 3.1 Km to Club Catalina Golf & Country Club.
? 2.1 km to Batehaven retail precinct.
? 1.6 Km to Batemans Bay High School.

Property History for 73 Ridge St, Catalina, NSW 2536

A timeline of how this property has performed in the market
Last Sold
$726,000
25 Jan 2024
Listed for Rent
$480/w
29 May 2020
  • 25 Jan 2024
    Sold for $726,000
  • 21 Jun 2023
    Listed for Sale $860,000 - $910,000
  • 08 May 2020
    Listed for Rent $480 / week
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About Catalina 2536

The size of Catalina is approximately 3.9 square kilometres. It has 7 parks covering nearly 23% of total area. The population of Catalina in 2011 was 2,380 people. By 2016 the population was 2,330 showing a population decline of 2.1% in the area during that time. The predominant age group in Catalina is 60-69 years. Households in Catalina are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Catalina work in a sales workers occupation. In 2011, 68.8% of the homes in Catalina were owner-occupied compared with 67.6% in 2016.

Catalina has 1,350 properties. Over the last 5 years, Houses in Catalina have seen a 52.95% increase in median value, while Units have seen a 46.49% increase. As at 31 July 2024:

  • The median value for Houses in Catalina is $689,645 while the median value for Units is $618,569.
  • Houses have a median rent of $525.
There are currently 23 properties listed for sale, and 5 properties listed for rent in Catalina on OnTheHouse. According to CoreLogic's data, 64 properties were sold in the past 12 months in Catalina.

Suburb Insights for Catalina 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.