OFF MARKET

8 Braid Road
Fern Bay NSW 2295

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 123m2
Land area: 513m2
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Last updated 28 Oct 2024
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Property Details for 8 Braid Rd, Fern Bay

8 Braid Rd, Fern Bay is a 3 bedroom, 1 bathroom House and was built in 1955. The property has a land size of 513m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in June 2020.

Building Type
House
Year Built
1955
Floor Size
123m2
Land Size
513m2
Local Government
Port Stephens
Lot/Plan
88/DP38010

Last Listing description (July 2024)

Positioned on a flat 506m2 block, this property has immense scope to add value! The potential purchaser could utilise the original footprint and renovate throughout creating their own unique feel to the property.

The current dwelling consists of 3 bedrooms, 1 bathroom, a front verandah and a carport which could be easily transformed into a garage. The house is significantly offset from the street with the ability to extend easily off the rear of the property.

Nestled in a friendly and quiet neighbourhood street, the location will suit young families looking to settle down with plenty of room for the kids or a savvy investor who is looking for their next project.

The location in Fern Bay is superb, grab the bikes and ride into Stockton where you can get the Ferry across into the heart of Newcastle or enjoy the parks and playgrounds on offer at Stockton Foreshore. Looking for a day trip? Head north to Shoal Bay and Nelson Bay, both are just over 35 minutes by car.

Property features:

- Current Rental return: $330 (Tenant leaving mid-July).
- Fully functional Spearpoint pump for bore water.
- Friendly neighbourhood street.
- Scope to add significant value.
- Spacious 506m² block.
- Council Rates: Approx. $1,270.00 p/a.
- Water Rates: Approx. $780.00 + usage p/a.

Disclaimer: Whilst every care is taken in the preparation of the information contained in this marketing, Century 21 Novocastrian will not be held liable for any errors in typing or information. All interested parties should rely upon their own enquiries in order to determine whether or not this information is in fact accurate. Photos have been edited for marketing.

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Property History for 8 Braid Rd, Fern Bay, NSW 2295

A timeline of how this property has performed in the market
Last Sold
$440,000
26 Jun 2020
Listed for Rent
$460/w
10 Dec 2020
  • 07 Jul 2023
    Listed for Rent $460 / week
  • 28 Mar 2022
    Listed for Sale Price Guide $440,000 - $480,000
  • 14 Aug 2021
    Listed for Rent - Price not available
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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 1,929 properties. Over the last 5 years, Houses in Fern Bay have seen a 55.67% increase in median value, while Units have seen a 62.80% increase. As at 30 September 2024:

  • The median value for Houses in Fern Bay is $1,062,045 while the median value for Units is $610,557.
  • Houses have a median rent of $685 while Units have a median rent of $585.
There are currently 7 properties listed for sale, and no properties listed for rent in Fern bay on OnTheHouse. According to CoreLogic's data, 64 properties were sold in the past 12 months in Fern bay.

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