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Sold on 10 Apr 2024 for $710,000

281 Main Road
Fennell Bay NSW 2283

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Land area: 835m2
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Property Details for 281 Main Rd, Fennell Bay

281 Main Rd, Fennell Bay is a 4 bedroom, 2 bathroom House. The property has a land size of 835m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 4 bedroom House sold in Fennell Bay in the last 12 months.

Building Type
House
Land Size
835m2
Local Government
Lake Macquarie
Lot/Plan
4/DP20860

Last Listing description (April 2024)

One home with dual income, currently returning $815.00 a week with both tenants in lease. The home is neat and tidy and offers off road parking. Plenty of block left vacant with access to the rear.

* Currently set up as dual income property - 1x 3 bedroom, 1x 1 bedroom.
* Currently returning $815.00 a week in rent

* Set on an 835m2 block with 16m frontage
* Zoned R3 Medium Density
* 4 spacious bedrooms
* 2 Neat and tidy kitchens.
* 2 Large open living - dining areas
* Home features: Air-conditioning, original floorboards + fireplace.
* Side access into backyard - plenty of parking.
* Minutes to train station, jetty and boat ramp.
* A short walk to local schools, parks and shopping village
* Floor plans available upon request.
* Flexible inspection times to suit you.
* Floor plans available upon request
* Flexible inspection times to suit you

This 4 bedroom property is located in the heart of lakeside suburb, Fennell Bay, just minutes from Lake Macquarie foreshore. This home enjoys 4 spacious bedrooms, 2 large open living areas as well as 2 neat and tidy kitchens. Currently returning 815.00 a week, this dwelling has been divided into 2 homes, making it the ideal purchase for a savvy investor. Sitting on an 835m2 block with a R3 Medium Density Zoning.

From all of us at Ray White Toronto/Wangi Wangi, we wish you every success in your search for your home. If you would like more detail on this home or to chat about one of the many other properties we have available please call or email us today.

DISCLAIMER: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document

Property History for 281 Main Rd, Fennell Bay, NSW 2283

A timeline of how this property has performed in the market
Last Sold
$710,000
10 Apr 2024
Listed for Rent
$450/w
11 Sep 2023
  • 22 Mar 2024
    Sold for $710,000
  • 18 Dec 2023
    Listed for Sale $749,000
  • 08 Jul 2020
    Sold for $400,000
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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 823 properties. Over the last 5 years, Houses in Fennell Bay have seen a 75.34% increase in median value, while Units have seen a 54.97% increase. As at 31 October 2024:

  • The median value for Houses in Fennell Bay is $744,679 while the median value for Units is $627,544.
  • Houses have a median rent of $560 while Units have a median rent of $480.
There are currently 7 properties listed for sale, and 1 property listed for rent in Fennell bay on OnTheHouse. According to CoreLogic's data, 43 properties were sold in the past 12 months in Fennell bay.

Suburb Insights for Fennell Bay 2283

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Paul Wrigley
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Julie Robinson
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Ray White Toronto, North Lake Macquarie & Warners Bay
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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.