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Sold on 11 Dec 2024 for $1,550,000

126 Rae Crescent
Kotara NSW 2289

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Floor area: 191m2
Land area: 1115m2
Sold By
homeinthehunter
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Property Details for 126 Rae Cres, Kotara

126 Rae Cres, Kotara is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1955. The property has a land size of 1115m2 and floor size of 191m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 4 bedroom House sold in Kotara in the last 12 months.

Building Type
House
Year Built
1955
Floor Size
191m2
Land Size
1115m2
Local Government
Newcastle
Lot/Plan
120/DP21023

Last Listing description (December 2024)

A truly unique and magnificent property in one of Newcastle's most leafy, central & sought-after family suburbs. This exceptional residence showcases the craftsmanship of its era and has been beautifully brought to life with a thoughtful nod to the picturesque Amalfi coastline; making this not just a home, but a sanctuary in the city.

Originally constructed in 1955 by the Chief Engineer of Newcastle Council and sitting on a lush and verdant 1115m2 the quality construction and north-facing aspect expertly captures the light, green views and coastal breezes ensuring a healthy living environment year-round. Boasting exquisite detailing reflecting the artistry and care that has gone into its restoration, you will love the soaring ceilings, the large handcrafted bricks that have been expertly rendered, the specialised products suitable for asthmatics and the generous room proportions that were typical of this era. This eco design features energy saving passive solar heating and convection cooling thanks to strategically placed double glazed windows.

It is our great privilege to showcase this rare 'forever home', offering an unparalleled lifestyle and possibilities to the family who will embrace its next chapter.

The Highlights:
- A rare 1115m2 parcel in one of Newcastle's very best suburbs, with lush and lovingly tended (many edible) gardens for the children to run free and explore. With 4 bedrooms in the main house and a studio connected to the garage there is plenty of scope for a pool and multi-generational living (STCA).
- 4 generous bedrooms, 3 living zones, a studio, plus a true parents retreat mean that while this home has stood the test of time it is also configured for modern needs.
- Drive-through access to the backyard for plentiful off-street parking for caravans and boats, plus a SLUG & carport, and a lovely studio/workshop for the tradesperson or artist.
- A gorgeous master-escape on the top level with its own oversized entertaining patio sitting under the shade of abundant grape vines for entertaining friends or just enjoying your own oasis away from it all.
- Open-plan living and dining, plus a proper formal lounge and entry with soothing ocean green stone flooring. An additional sitting room with soaring ceilings is on the upstairs level.
- A large kitchen centred around a window bringing light to the cooking zone with chefs stove, dishwasher and plentiful prep and storage space.
- An irreplaceable feeling of privacy and peace, with treetop views that can't be built out, all the way to Blackbutt Reserve.
- Zoned for Kotara South Primary School (200m) and Kotara High School (2.3km).

Location and Lifestyle: Being moments to coffee, walks and water always brings that holiday feeling home and is what makes Kotara so incredibly popular. You are just a 350m stroll down the end of the street to your daily flat white or breakfast at The Letter Q, just 2km to all the trails and adventures at Blackbutt Nature Reserve and only a 10min drive to the sands of Merewether. Families will relish being so close (1.5km) to Kotara Westfields for shopping and Rooftop dining on a Thursday night or weekend adventures chasing waterfalls and mountain bike trails at Glenrock (3.5km). You are also within 15min to John Hunter Hospital, Newcastle University and the Newcastle CBD so anyone's commute is easy and allows them time to still grab their surfboard for a post work or study surf on a weekday.

Property History for 126 Rae Cres, Kotara, NSW 2289

A timeline of how this property has performed in the market
Last Sold
$1,550,000
11 Dec 2024
  • 11 Dec 2024
    Sold for $1,550,000
  • 19 Nov 2024
    Listed for Sale $1,470,000 to $1,600,000
  • 12 Feb 2002
    Sold for $258,950
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About Kotara 2289

The size of Kotara is approximately 2.6 square kilometres. It has 18 parks covering nearly 20.1% of total area. The population of Kotara in 2011 was 3,916 people. By 2016 the population was 3,928 showing a population growth of 0.3% in the area during that time. The predominant age group in Kotara is 40-49 years. Households in Kotara are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kotara work in a professional occupation. In 2011, 81.7% of the homes in Kotara were owner-occupied compared with 80.9% in 2016.

Kotara has 1,889 properties. Over the last 5 years, Houses in Kotara have seen a 64.36% increase in median value, while Units have seen a 65.65% increase. As at 30 November 2024:

  • The median value for Houses in Kotara is $958,232 while the median value for Units is $797,005.
  • Houses have a median rent of $700 while Units have a median rent of $650.
There are currently 6 properties listed for sale, and no properties listed for rent in Kotara on OnTheHouse. According to CoreLogic's data, 81 properties were sold in the past 12 months in Kotara.

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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.