OFF MARKET

17 Hely Avenue
Fennell Bay NSW 2283

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 86m2
Land area: 943m2
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Property Details for 17 Hely Ave, Fennell Bay

17 Hely Ave, Fennell Bay is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 943m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in January 2022.

Building Type
House
Year Built
1960
Floor Size
86m2
Land Size
943m2
Local Government
Lake Macquarie
Lot/Plan
38/DP23962

Last Listing description (February 2022)

Situated on over 900m2, this R3 zoned block is a perfect opportunity for any home buyer, investor, or developer. The home is positioned at the front of the block and only approx. 60 metres from the lake's edge.

Home buyers, this solid and original two-bedroom home features two living areas, and hardwood floors protected by carpet and ready to be stripped and renovated. With the potential to go up another level to achieve water views (subject to council approval), this home would be a great investment.

Investors, take advantage of this home's potential by renovating and flipping, or even rent it out and add a granny flat down the back (subject to council approval).

Developers, start your due diligence quickly! This wont last long on the market as there is the potential to put four or five townhouses on the block (subject to council approval). This close to the water, it is sure to be a profitable venture.

Call us on 02 4958 8555 for more details and to book your private inspection.

Guidelines for attending Inspections:
Attendees must be fully vaccinated to enter be ready to show your Tick
Face masks must be worn indoors at all times unless an exemption applies as per Government regulations
A QR Code system (Service NSW App) remains in place and all attendees must check in and out
Density limits will apply depending on individual property sizes
Staff and visitors must continue to physically distance 1.5m at all times when indoors
Sanitiser stations are provided upon entry for hygiene requirements.
Please do not attend if you have travelled overseas, been in contact with someone with COVID-19 or have been showing flu like symptoms (fever, cough, shortness of breath, difficulty breathing etc) during the last 14 days.
Our staff have the right to refuse your entry if you fail to comply with any of the guidelines.
Unvaccinated applicants are welcome to contact our office to register for a virtual tour.

Property History for 17 Hely Ave, Fennell Bay, NSW 2283

A timeline of how this property has performed in the market
Last Sold
$762,399
23 Jan 2022
  • 23 Jan 2022
    Sold for $762,399
  • 16 Jan 2022
    Listed for Sale $762,399
  • 16 May 2016
    Sold

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About Fennell Bay 2283

The size of Fennell Bay is approximately 2.8 square kilometres. It has 5 parks covering nearly 2.6% of total area. The population of Fennell Bay in 2011 was 1,473 people. By 2016 the population was 1,610 showing a population growth of 9.3% in the area during that time. The predominant age group in Fennell Bay is 60-69 years. Households in Fennell Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fennell Bay work in a trades occupation. In 2011, 74.7% of the homes in Fennell Bay were owner-occupied compared with 77.3% in 2016.

Fennell Bay has 828 properties. Over the last 5 years, Houses in Fennell Bay have seen a 81.66% increase in median value, while Units have seen a 51.05% increase. As at 31 July 2024:

  • The median value for Houses in Fennell Bay is $749,175 while the median value for Units is $596,170.
  • Houses have a median rent of $550 while Units have a median rent of $450.
There are currently 9 properties listed for sale, and 1 property listed for rent in Fennell bay on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in Fennell bay.

Suburb Insights for Fennell Bay 2283

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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.