8/7-11 Rickard RoadEmpire Bay NSW 2257
Property Details for 8/7-11 Rickard Rd, Empire Bay
8/7-11 Rickard Rd, Empire Bay is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 2566m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in October 2016.
Last Listing description (October 2016)
Situated in a boutique complex of 12 and just a short level walk to the village shops, waterfront and ferry this well presented modern townhouse presents an exceptional opportunity for investors and first home buyers alike. Featuring three good sized bedrooms upstairs, separate lounge and dining room, rear entertaining deck and a sunny Northerly aspect this low maintenance property offers a fantastic lifestyle or investment opportunity.
- Three double sized bedrooms all with built ins plus ensuite to main
- Separate dining room off the kitchen plus study nook
- Upstairs living area with access to balcony
- North facing entertaining deck to rear
- Reverse cycle ducted air conditioning throughout
- Remote double lock-up garage with internal access
- Modern bathrooms plus powder room and internal laundry
- Currently tenanted at $430 per week
- Constructed in 2004, Strata levies approximately $450 per quarter
- Minutes to Ettalong Beach Ferry, Woy Woy station and motorway for commuters
Property History for 8/7-11 Rickard Rd, Empire Bay, NSW 2257
- 19 Oct 2016Sold for $495,000
- 28 Sep 2016Listed for Sale $475,000 -$510,000
- 20 Mar 2011Listed for Sale $365,000
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0About Empire Bay 2257
The size of Empire Bay is approximately 5.6 square kilometres. It has 9 parks covering nearly 28.1% of total area. The population of Empire Bay in 2011 was 2,273 people. By 2016 the population was 2,377 showing a population growth of 4.6% in the area during that time. The predominant age group in Empire Bay is 40-49 years. Households in Empire Bay are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Empire Bay work in a trades occupation. In 2011, 76.5% of the homes in Empire Bay were owner-occupied compared with 80.9% in 2016.
Empire Bay has 1,034 properties. Over the last 5 years, Houses in Empire Bay have seen a 40.48% increase in median value, while Units have seen a 5.74% increase. As at 31 October 2024:
- The median value for Houses in Empire Bay is $1,249,856 while the median value for Units is $791,452.
- Houses have a median rent of $643 while Units have a median rent of $473.
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