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Sold on 16 Apr 2024 for $925,000

270 Park Avenue
Kotara NSW 2289

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Land area: 1119m2
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Property Details for 270 Park Ave, Kotara

270 Park Ave, Kotara is a 4 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 1119m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 4 bedroom House sold in Kotara in the last 12 months.

Building Type
House
Land Size
1119m2
Local Government
Newcastle
Lot/Plan
2/DP20017

Last Listing description (April 2024)

Centrally located in a highly sought after position, this generously sized block is a prime development opportunity. Just minutes from Westfield Kotara and Charlestown Square, as well as quality schools and public transport - it's the ultimate in convenience!

The block area is a generous 1,119m2, with a wide 17.3m frontage in R2 zoning. There is easy side access to the back yard, so you have the option to retain the existing the house and develop the back, or bulldoze and build multiple dwellings across the entire site.

Alternatively, the large house situated at the front of the property presents a chance to create a lovely family home with a touch of TLC. Offering four large bedrooms with built in robes, two bathrooms and solid timber kitchen, there's ample potential to turn this house into your dream home.

As well as developers, the property suit also would also buyers wanting room for a granny flat or dual occupancy down the back, or simply a leafy, private back yard with room for kids, pets and the pool - the opportunities are limitless!

An exciting chance for developers or home buyers alike, this one cannot be missed!

Disclaimer:
All information contained in this listing is provided to Global Property by the third parties, and is intended as a guide only. No warranty is given as to it's accuracy and purchasers should rely on their own inquiries.

Property History for 270 Park Ave, Kotara, NSW 2289

A timeline of how this property has performed in the market
Last Sold
$925,000
16 Apr 2024
  • 16 Apr 2024
    Sold for $925,000
  • 10 Jan 2024
    Listed for Sale Under Contract
  • 23 Aug 2008
    Listed for Sale OFFERS OVER $398,000
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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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Anthony Birt
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Hannah Sherry
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Global Property International - Warners Bay
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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.