SOLD
Sold on 22 Nov 2023 for $538,000

7/16 Wells Street
East Gosford NSW 2250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 1214m2
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Property Details for 7/16 Wells St, East Gosford

7/16 Wells St, East Gosford is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1996. The property has a land size of 1214m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Townhouse sold in East Gosford in the last 12 months.

Building Type
Townhouse
Year Built
1996
Floor Size
58m2
Land Size
1214m2
Local Government
Central Coast
Lot/Plan
7/SP52259

Last Listing description (February 2024)

Nestled at the rear of a quiet complex of just seven villas in the highly sought-after suburb of East Gosford, this stylish villa boasts an expansive 59sqm covered courtyard, perfect for both relaxation and entertainment. In addition, the villa's premium location means that you'll have easy access to all the amenities you could need.

Whether you're a first-time buyer looking to enter the property market, a downsizer seeking a low-maintenance home or an investor searching for a good investment opportunity, this villa will tick all your boxes.

This modern villa, enjoying easy single level living, offers:

- A welcoming porch inviting you into the kitchen that flows effortlessly through to the living/dining area and opens up onto a wide covered North Eastern facing courtyard, perfectly capturing the gorgeous lush leafy surrounds of the low maintenance garden
- 2 carpeted bedrooms, both with ceiling fans, built-in wardrobes and picturesque windows
- A spacious bathroom with a laundry and a separate toilet
- A linen cupboard for additional storage
- Stylishly appointed throughout, with trending floating floorboards, LED lights and freshly painted
- Split system air-conditioning
- NBN
- Efficiency features such as natural gas and a gas water heating system

Outside you'll enjoy:

- A fully fenced courtyard that enjoys a sunny aspect
- A single carport plus a visitor's parking within complex
- A standalone shed where you can store your garden equipment

This beautifully presented villa enjoys close proximity to:

- Shopping, eateries and amenities at East Gosford Village, Erina Fair and Gosford CBD
- Local buses, giving you easy access to the Gosford train station a mere 5-minute drive away for those commuting to Sydney
- M1 Motorway that is just a 12-minute drive away, so with the new Northconnex tunnel you'll be in the midst of Sydney in well under an hour
- Highly regarded schools, including St Edward's College, St Patrick's Catholic Primary School, Gosford East Public School and St Joseph's Catholic College
- The Gosford waterfront, parklands and the beautiful Brisbane Waters
- Sporting fields, ovals and playgrounds including a baseball park and a skate park
- Popular iconic attractions, such as the Gosford Regional Gallery and the Japanese Gardens
- Some of the best beaches on the Central Coast, including Terrigal and Avoca Beach.

On offer is the ultimate Central Coast lifestyle with the ability to easily venture to pristine beaches and other natural wonders, where you can enjoy:

- Cycling or strolling along the waterfront or the beaches
- Fishing, sailing, kayaking or boating on the Brisbane Waters or the lagoons at Terrigal and Wamberal
- Nature walking trails in the Brisbane Water National Park

Investors will be impressed with the strong rental returns on offer, with potential rental of $450-$550 per week for the home and an incredibly low local vacancy rate of around 1.4%. Demand for quality and affordable rental properties within a walk of all amenities is always strong in East Gosford and coupled with rising buyer demand, your investment may prove to be a sound one long term.

This modern villa that is move-in ready is definitely worth inspecting, offering easy single level living, a desirable position at the rear of the complex and a prime location near all the amenities you'll need. There truly is nothing left to want!

"We have obtained all information from sources we believe to be reliable, however, we cannot confirm its accuracy. Prospective buyers are advised to carry out their own investigations."

Property History for 7/16 Wells St, East Gosford, NSW 2250

A timeline of how this property has performed in the market
Last Sold
$538,000
22 Nov 2023
Listed for Rent
$480/w
13 Nov 2023
  • 22 Nov 2023
    Sold for $538,000
  • 13 Nov 2023
    Listed for Rent $480 / week
  • 23 Sep 2023
    Listed for Sale $550,000
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About East Gosford 2250

The size of East Gosford is approximately 2 square kilometres. It has 9 parks covering nearly 27.2% of total area. The population of East Gosford in 2011 was 3,906 people. By 2016 the population was 4,259 showing a population growth of 9.0% in the area during that time. The predominant age group in East Gosford is 30-39 years. Households in East Gosford are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Gosford work in a professional occupation. In 2011, 57.3% of the homes in East Gosford were owner-occupied compared with 55.5% in 2016.

East Gosford has 2,711 properties. Over the last 5 years, Houses in East Gosford have seen a 66.28% increase in median value, while Units have seen a 42.08% increase. As at 31 July 2024:

  • The median value for Houses in East Gosford is $1,035,179 while the median value for Units is $751,315.
  • Houses have a median rent of $643 while Units have a median rent of $550.
There are currently 14 properties listed for sale, and 10 properties listed for rent in East gosford on OnTheHouse. According to CoreLogic's data, 146 properties were sold in the past 12 months in East gosford.

Suburb Insights for East Gosford 2250

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Andrew Macdonald
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Lachlan Macdonald
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Ray White Macdonald Partners
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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.