16 Foxtail StreetFern Bay NSW 2295
Property Details for 16 Foxtail St, Fern Bay
16 Foxtail St, Fern Bay is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 2017. The property has a land size of 533m2 and floor size of 154m2. While the property is not currently for sale or for rent, it was last sold in November 2018.
Last Listing description (June 2024)
Positioned in the growing suburb of Fern Bay, this home is perfect for investment as there is plenty of potential for capital growth in the coming years with shops and amenities being likely additions in the near future.
The current situation is also very strong, with good tenants in place and paying $510 a week under the current lease agreement.
The property features include:
- Main bedroom with large walk-in robe and ensuite.
- Kitchen with Caesarstone benchtops, gas cooktop and European appliances.
- Open plan living and dining area with air-conditioning.
- Main bathroom with large bath, shower and vanity.
- Outdoor entertaining area with good size level yard.
- Double lock up garage with internal access.
- Operational hardwired alarm system.
The potential growth of the area is largely due to its ideal location, which is just a 20-minute drive to Newcastle CBD whilst also being in close proximity to Newcastle Airport, Newcastle Golf Club and Stockton Beach. In addition, the Seaside Estate in which the home is positioned is home to a number of parks, playgrounds, cycleways and trails to the beach; it is essentially a peaceful coastal town of its own.
Note: The property is currently leased for $510 per week with the tenancy agreement in place until 26 July 2019.
Water Rates: Approx. $250 p/q.
Council Rates: Approx. 410 p/q.
Community Levies: Approx. $30 p/q.
Property History for 16 Foxtail St, Fern Bay, NSW 2295
- 06 Oct 2023Listed for Rent $720 / week
- 25 Sep 2023Sold
- 27 Nov 2018Sold for $620,000
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About Fern Bay 2295
The size of Fern Bay is approximately 8.4 square kilometres. It has 6 parks covering nearly 51.1% of total area. The population of Fern Bay in 2011 was 1,624 people. By 2016 the population was 2,760 showing a population growth of 70.0% in the area during that time. The predominant age group in Fern Bay is 60-69 years. Households in Fern Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fern Bay work in a professional occupation. In 2011, 84.9% of the homes in Fern Bay were owner-occupied compared with 79.6% in 2016.
Fern Bay has 1,936 properties. Over the last 5 years, Houses in Fern Bay have seen a 49.02% increase in median value, while Units have seen a 63.99% increase. As at 31 July 2024:
- The median value for Houses in Fern Bay is $1,026,297 while the median value for Units is $595,900.
- Houses have a median rent of $680 while Units have a median rent of $585.
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