OFF MARKET

258 Park Avenue
Kotara NSW 2289

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 138m2
Land area: 494m2
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Property Details for 258 Park Ave, Kotara

258 Park Ave, Kotara is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 494m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
House
Year Built
1980
Floor Size
138m2
Land Size
494m2
Local Government
Newcastle
Lot/Plan
5/DP259068

Last Listing description (July 2024)

To access contract and other documents, click here: https://tinyurl.com/3s6urtrr

Nestled on a spacious 504m2 block, this 3-bedroom home is ideally suited to an eager first home buyer, savvy investor or ready downsizer. Currently under lease until late September and with plenty of scope to add value, this property oozes potential in suburb full of growth.

All 3 bedrooms throughout are appointed with built in robes and ceiling fans, with a water closet and neat bathroom all within close proximity. The front of the home houses the entertaining quarters with a large lounge room and the open plan kitchen area boasting plenty of space to entertain guests. A "Queensland Room" can be found off the undercover car port and opens out onto the large flat yard.

Proximity to local landmarks:
- Westfield Kotara - 1.6kms.
- Kotara School - 600m.
- Access to Newcastle Link road - 1.0km.
Property features:

- Currently leased for $445 per week due to expire 18/09/2021.
- 3 Bedrooms with built-ins.
- Multiple living areas internally.
- Undercover carport.
- Close proximity to local amenities.
- Large flat yard.
- Council Rates: Approx. $ 2,020 p/a.
- Water Rates: Approx. $810 + 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.

Property History for 258 Park Ave, Kotara, NSW 2289

A timeline of how this property has performed in the market
Last Sold
$730,000
23 Jul 2021
Listed for Rent
$445/w
15 Sep 2020
  • 23 Jul 2021
    Sold for $730,000
  • 14 Jul 2021
    Listed for Sale UNDER CONTRACT/OFFER
  • 04 Sep 2020
    Listed for Rent $445 / 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 1,889 properties. Over the last 5 years, Houses in Kotara have seen a 71.07% increase in median value, while Units have seen a 45.05% increase. As at 31 July 2024:

  • The median value for Houses in Kotara is $964,057 while the median value for Units is $694,248.
  • Houses have a median rent of $665 while Units have a median rent of $620.
There are currently 9 properties listed for sale, and no properties listed for rent in Kotara on OnTheHouse. According to CoreLogic's data, 78 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.