OFF MARKET

164 Park Avenue
Kotara NSW 2289

Bedrooms: 1
Bathrooms: 3
Car spaces: 2
Floor area: 104m2
Land area: 661m2
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Property Details for 164 Park Ave, Kotara

164 Park Ave, Kotara is a 1 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 661m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in August 2019.

Building Type
House
Floor Size
104m2
Land Size
661m2
Local Government
Newcastle
Lot/Plan
7/DP23021

Last Listing description (July 2024)

Sitting on a 664m2 land parcel and on offer for the first time in almost 20 years this home presents itself with endless opportunity for its next owner. The home is situated in a convenient location where all your essential amenities are within walking distance.

Inside you will find a well-kept three-bedroom property with hardwood flooring throughout, recently renovated bathroom and a open plan combined kitchen, living and dining room. Take a step out onto the covered rear porch and you will find a huge and completely level back yard equipped with a hand made wood fired BBQ perfect for entertaining with family and friends, established gardens and lush lawn. The yard provides the perfect landscape for a generous extension of what is an already lovely home. The yard is fully fenced and suitable for kids and pets.

Under the home is a double length garage which holds two full size cars, a workshop area and an extensive amount of storage. You will also find a separate laundry and utility room which can be used as a teenage retreat or office space.

It must be noted that this home is also zoned favourably for future development with; Medium density zoning (R3) & 10m height limit. Any development or renovation is subject to Newcastle City Council approval.

Within walking distance to a wealth of lifestyle attractions including Westfield Kotara and its bustling entertainment precinct at 'The Rooftop', options for highly sought-after schools like Kotara High School and easily accessible to transport including bus and train stations, plus a short 11-minute drive to Merewether Beach and only another 5 minutes into Newcastle CBD.

This home's features include;

- 3.5 kW Solar System.
- Brand new bathroom.
- Huge level backyard - Fully fenced with lush buffalo lawn.
- Separate toilet.
- Massive amount of under house storage.
- Opportunity to excavate underneath the home or extend upon existing structure.
- Council Rates: Approx. $1,750 p/a.
- Water Rates: Approx. $830 p/a.

Property History for 164 Park Ave, Kotara, NSW 2289

A timeline of how this property has performed in the market
Last Sold
$580,000
13 Aug 2019
Listed for Rent
$495/w
25 Oct 2019
  • 08 Dec 2021
    Sold
  • 14 Nov 2020
    Listed for Rent - Price not available
  • 25 Sep 2019
    Listed for Rent $495 / week
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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 1,872 properties. Over the last 5 years, Houses in Kotara have seen a 69.56% increase in median value, while Units have seen a 64.67% increase. As at 31 October 2024:

  • The median value for Houses in Kotara is $966,003 while the median value for Units is $785,031.
  • Houses have a median rent of $700 while Units have a median rent of $650.
There are currently 5 properties listed for sale, and 1 property listed for rent in Kotara on OnTheHouse. According to CoreLogic's data, 79 properties were sold in the past 12 months in Kotara.

Suburb Insights for Kotara 2289

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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.