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Sold on 23 May 2024 for $741,000

278 Park Avenue
Kotara NSW 2289

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 393.8m2
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Property Details for 278 Park Ave, Kotara

278 Park Ave, Kotara is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 393.8m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom House sold in Kotara in the last 12 months.

Building Type
House
Land Size
393.8m2
Local Government
Newcastle
Lot/Plan
2/DP1298260

Last Listing description (May 2024)

Auction Location: Novotel Newcastle Beach | 5 King Street, Newcastle NSW 2300

Ideally situated in an iconic locale, this charming residence provides comfort and convenience. Upon entry, a welcoming foyer guides you into the light and bright living areas, comprising a spacious lounge and dining zone adorned with an original fireplace. Continuing through to the expansive functional kitchen, the home features a separate study with WC and a generously sized laundry at the rear, with the study easily converted into a third bedroom.

Two generously sized bedrooms feature new plush carpets and mirrored built-in robes, accompanied by a modernised, pristine bathroom. The interior showcases a practical yet inviting layout, emphasizing low-maintenance living and comfort with new vinyl flooring, fresh paint inside & out, new blinds and rewired lighting. Outside, a covered alfresco area extends the entertainment space, overlooking the backyard ideal for entertaining family and friends. Off-street parking is also available in the driveway for added convenience.

The central location provides convenient access to parks, Westfield Kotara, Blackbutt Nature Reserve and Kotara Train Station. You will also be within close proximity to quality schools including Kotara South Public School and Kotata High School - adding further appeal to the home.

- New Paint inside & out, Vinyl Flooring and Blinds
- Two bedrooms with mirrored built-in robes and plush carpets
- Immaculate, modernised bathroom with shower over the bathtub
- Separate study and additional WC
- Light and inviting living areas including lounge, dining and separate sunroom
- Large kitchen with electric cooktop, stainless steel dishwasher and plenty of cupboard storage
- Ducted air-conditioning
- Large laundry and linen cupboard
- Immaculate, low maintenance front gardens and pathways
- Fantastic location for young families or professionals close to schools, parks and Westfield Kotara

Outgoings:

Council rates - $965 p.a. approx.*
Water rates - $884 p.a. approx.*

This property is being sold under the Friendly Auction System.

An independent pest & building report is available on request at no charge to you. This is the type of report your solicitor would usually recommend purchasing before bidding at an auction or before making an unconditional offer prior to auction and are conducted by a panel of reputable companies. The companies have consented to friendly auction terms and will generally be happy to speak to you about your queries in reports and in most cases transfer the reports into your name if you are the successful buyer at auction or prior to auction.

Flexible deposit and settlement conditions are also available by negotiation with the agent if required.

Offers can also be made prior to auction and each offer will be assessed on its merits.

Bid and buy with confidence in this consumer driven, transparent auction system that was pioneered here in Newcastle but is now in use across Australia. We also have a downloadable guide available on our website.

Disclaimer:
All information provided by Presence Real Estate in the promotion of a property for either sale or lease has been gathered from various third-party sources that we believe to be reliable. However, Presence Real Estate cannot guarantee its accuracy, and we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements in the information provided. Prospective purchasers and renters are advised to carry out their own investigations and rely on their own inquiries. All images, measurements, diagrams, renderings and data are indicative and for illustrative purposes only and are subject to change. The information provided by Presence Real Estate is general in nature and does not take into account the individual circumstances of the person or persons objective financial situation or needs.

Property History for 278 Park Ave, Kotara, NSW 2289

A timeline of how this property has performed in the market
Last Sold
$741,000
23 May 2024
Listed for Rent
$595/w
29 Apr 2023
  • 23 May 2024
    Sold for $741,000

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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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Contact agent
Ryan Houston
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Nathan Walsh
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Presence Newcastle, Lake Macquarie, Central Coast & Hunter
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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.