OFF MARKET

306 Park Avenue
Kotara NSW 2289

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 99m2
Land area: 1951m2
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Last updated 11 Nov 2024
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Property Details for 306 Park Ave, Kotara

306 Park Ave, Kotara is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 1951m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in July 2008.

Building Type
House
Year Built
1960
Floor Size
99m2
Land Size
1951m2
Local Government
Newcastle
Lot/Plan
2/DP370725

Last Listing description (June 2008)

WOLSELEY PARK” - KOTARA
With . approval close, this1929m2 block with soon be ready to develop 6 x 2 bedroom units on the site. Development Approval is rapidly nearing completion with council. The properties location offers ease of access to local transport, both bus and rail with Westfield shopping centre moments away. The owner has provided a detailed costing on the project to allow prospective purchasers to fast track their calculations. Included are proposed costings and returns showing a development feasibility of 25% return basis for the site. Please note the information from the owner has been gathered by them. With all property transactions we recommend you undertake your own due diligence and research with solicitors, accountants and others you feel necessary. A detail report is available from the listing agent on request.

Property History for 306 Park Ave, Kotara, NSW 2289

A timeline of how this property has performed in the market
Last Sold
$570,000
22 Jul 2008
  • 22 Jul 2008
    Sold for $570,000
  • 24 Jun 2008
    Sold for $423,860
  • 06 Jun 2008
    Listed for Sale $459,000
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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.

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