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Sold on 12 Jan 2024 for $615,000

6/20 Nile Street
Coffs Harbour NSW 2450

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 6/20 Nile St, Coffs Harbour

6/20 Nile St, Coffs Harbour is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Coffs Harbour in the last 12 months.

Building Type
Unit
Local Government
Coffs Harbour
Lot/Plan
6/SP10984

Last Listing description (January 2024)

Boasting impressive ocean and island views, this 2 bedroom unit provides the ultimate coastal lifestyle at an affordable price point.

Situated on the top floor, the emphasis here is ease of living. The sunny lounge area opens onto the north facing balcony capturing those cooling sea breezes. The kitchen is spacious for a unit of this size with loads of cupboards and a big fridge space. Both bedrooms offer built-in robes and the east facing bedroom captures amazing harbour views.

Presenting in good, original condition throughout and complete with a single carport you can confidently renovate here without the fear of over capitalising, or leave it as is and simply collect the rent of $480 per week (lease expires 17/3/2024).

Positioned within strolling distance of cafes, restaurants, bars and beaches this location has something for everyone. So whether you're an investor or a potential owner occupier, real estate is all about location and with these views and address you simply can't go wrong

Rental return: $480pw (actual)

Rates: $2,700pa (approx.) - Strata fees: $2,709pa (approx.)

Property History for 6/20 Nile St, Coffs Harbour, NSW 2450

A timeline of how this property has performed in the market
Last Sold
$615,000
12 Jan 2024
Listed for Rent
$480/w
07 Mar 2023
  • 12 Jan 2024
    Sold for $615,000
  • 07 Nov 2023
    Listed for Sale $625,000
  • 13 Feb 2023
    Listed for Rent $480 / week
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About Coffs Harbour 2450

The size of Coffs Harbour is approximately 46.3 square kilometres. It has 52 parks covering nearly 16.3% of total area. The population of Coffs Harbour in 2011 was 24,581 people. By 2016 the population was 25,746 showing a population growth of 4.7% in the area during that time. The predominant age group in Coffs Harbour is 50-59 years. Households in Coffs Harbour are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coffs Harbour work in a professional occupation. In 2011, 55.7% of the homes in Coffs Harbour were owner-occupied compared with 56% in 2016.

Coffs Harbour has 16,697 properties. Over the last 5 years, Houses in Coffs Harbour have seen a 63.13% increase in median value, while Units have seen a 41.04% increase. As at 31 July 2024:

  • The median value for Houses in Coffs Harbour is $740,597 while the median value for Units is $499,379.
  • Houses have a median rent of $650 while Units have a median rent of $490.
There are currently 229 properties listed for sale, and 153 properties listed for rent in Coffs harbour on OnTheHouse. According to CoreLogic's data, 613 properties were sold in the past 12 months in Coffs harbour.

Suburb Insights for Coffs Harbour 2450

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Brett Finnie
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The Edge Coffs Harbour
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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.