6 Ottys LaneFennell Bay NSW 2283
Property Details for 6 Ottys Lane, Fennell Bay
6 Ottys Lane, Fennell Bay is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 538m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in January 2016.
Last Listing description (February 2017)
Location is key for this home. It is ripe for a renovation to capitalise on the versatile living spaces and corner position where other renovated homes have sold for over $400,000.Set in a
quiet street you will be just a short 140m stroll to the waterfront of Lake Macquarie. Boasting an easy care 537 sqm corner block, this home is well rounded with 3 bedrooms, a detached single
garage and single carport. Currently tenanted with a weekly return of $310. 6 Ottys Lane has loads of potential to be able to add personality you won't want to miss the opportunity to secure a property in this central, lakeside area.
Property History for 6 Ottys Lane, Fennell Bay, NSW 2283
- 12 May 2016Listed for Rent $360 / week
- 29 Jan 2016Sold for $313,000
- 09 Jan 2016Listed for Sale $300K - $330K
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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.
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