OFF MARKET

29 Rankin Road
Fern Bay NSW 2295

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 84m2
Land area: 502m2
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Last updated 11 Nov 2024
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Property Details for 29 Rankin Rd, Fern Bay

29 Rankin Rd, Fern Bay is a 1 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 502m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in March 2020.

Building Type
House
Year Built
1960
Floor Size
84m2
Land Size
502m2
Local Government
Port Stephens
Lot/Plan
64/DP38010

Last Listing description (October 2021)

An affordable springboard into property ownership for first homebuyers and investors, this original single large bedroom + study/nursery home is an excellent buying opportunity just 15km from Newcastle CBD. Its practical layout features a cosy lounge room, eat-in electric equipped kitchen and a fully renovated bathroom. Along with a garage and carport, there's a deep backyard with second frontage to Popplewell Road that offers plenty of room for an extension, granny flat, or second dwelling (STCA). Although it's ready to love now, a few cosmetic updates are all it would take to really make this home shine. Just 10-minutes from the airport and 6-minutes to the seaside town of Stockton, the area is set for expansion and forms part of the Draft Fern Bay and North Stockton Strategy that aims to establish a conveniently located mixed-use town centre and large format supermarket connected by technology, transport, housing, tourism and great public places.- Classic single level home on north facing 540sqm corner block- Lounge room with polished timber floors and brick fireplace- Bedroom adjoins a versatile sunroom/study or nursery- Smartly renovated bathroom with frameless shower- 400m to Fern Bay Public school- Available with vacant possession or as a readymade investment with a happy long-term tenant- Sand dunes, 4WD tracks, beaches and golf club all located nearby- Easy bike ride into Stockton where you can catch the ferry to NewcastleDisclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 29 Rankin Rd, Fern Bay, NSW 2295

A timeline of how this property has performed in the market
Last Sold
$420,000
11 Mar 2020
Listed for Rent
$240/w
27 Mar 2015
  • 11 Mar 2020
    Sold for $420,000
  • 20 Feb 2020
    Listed for Sale $390,000 - $425,000
  • 05 Mar 2015
    Listed for Rent $240 / week
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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 1,927 properties. Over the last 5 years, Houses in Fern Bay have seen a 50.94% increase in median value, while Units have seen a 62.34% increase. As at 31 October 2024:

  • The median value for Houses in Fern Bay is $1,069,722 while the median value for Units is $608,836.
  • Houses have a median rent of $698 while Units have a median rent of $585.
There are currently 12 properties listed for sale, and 4 properties listed for rent in Fern bay on OnTheHouse. According to CoreLogic's data, 62 properties were sold in the past 12 months in Fern bay.

Suburb Insights for Fern Bay 2295

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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.