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Sold on 29 Oct 2024 - Price Unavailable

50 Parkway Avenue
Cooks Hill NSW 2300

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 141m2
Land area: 662m2
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Property Details for 50 Parkway Ave, Cooks Hill

50 Parkway Ave, Cooks Hill is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 662m2 and floor size of 141m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Cooks Hill in the last 12 months.

Building Type
House
Floor Size
141m2
Land Size
662m2
Local Government
Newcastle
Lot/Plan
120/DP37825

Last Listing description (October 2024)

Resting in a blue chip location on Parkway Avenue 500m from Bar Beach, this rare opportunity holds enormous potential for those who dream to renovate a period bungalow or build a new contemporary family home or townhouses with all the lifestyle amenities that Newcastle can offer.

This three-bedroom home with period features, set on a generous flat 662sqm block with a coveted northeast-facing backyard, has a 14.33m frontage and R3 Medium Density Zoning allowing builds up to 10m high (STCA) and FSR 0.9:1.

Architectural plans are already DA approved for fast tracking a stunning four-bedroom family retreat with internal courtyard, swimming pool, alfresco entertaining space, and a large private backyard with gorgeous northeasterly sunshine. In the meantime, the current home is more than liveable or lettable.

Your family will love the active, beachside lifestyle here, with mornings filled with swims or surf sessions and afternoons spent shopping and dining.

- 662sqm block with 14.33m frontage, zoned R3 Medium Density
- Out of the Cooks Hill Heritage Conservation Area zone
- Huge level backyard with prized northeasterly aspect
- Three bedrooms (two with robes)
- Adjoining lounge and dining rooms, family sunroom and front office
- Two original bathrooms
- Electric- equipped kitchen with generous storage
- 2 Car tandem garage with additional driveway parking
- Huge 14m x 3.4m garage with rear roller door for easy access to backyard
- Bar Beach - 500m, Honeysuckle - 1.9km, Newcastle Interchange - 2km
- Harris Farm - 500m, Coles - 800m, Aldi - 1.1km
- Centennial Park, National Park sports grounds, Empire Park, and Genesis Gym all a short stroll away
- Newcastle Grammar, The Junction Public and St Joseph's Primary are all just around the corner

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

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Property History for 50 Parkway Ave, Cooks Hill, NSW 2300

A timeline of how this property has performed in the market
Last Sold
29 Oct 2024
Listed for Rent
21 Jan 2021
  • 29 Oct 2024
    Sold
  • 16 Sep 2024
    Listed for Sale Auction
  • 22 Oct 2021
    Sold for $1
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About Cooks Hill 2300

The size of Cooks Hill is approximately 0.7 square kilometres. It has 6 parks covering nearly 6.3% of total area. The population of Cooks Hill in 2011 was 3,621 people. By 2016 the population was 3,606 showing a population decline of 0.4% in the area during that time. The predominant age group in Cooks Hill is 20-29 years. Households in Cooks Hill are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cooks Hill work in a professional occupation. In 2011, 44% of the homes in Cooks Hill were owner-occupied compared with 41.3% in 2016.

Cooks Hill has 2,439 properties. Over the last 5 years, Houses in Cooks Hill have seen a 49.52% increase in median value, while Units have seen a 27.38% increase. As at 31 October 2024:

  • The median value for Houses in Cooks Hill is $1,593,624 while the median value for Units is $781,042.
  • Houses have a median rent of $700 while Units have a median rent of $600.
There are currently 11 properties listed for sale, and 6 properties listed for rent in Cooks hill on OnTheHouse. According to CoreLogic's data, 73 properties were sold in the past 12 months in Cooks hill.

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