OFF MARKET

31 Wallace Street
Kotara NSW 2289

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 180m2
Land area: 575m2
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Property Details for 31 Wallace St, Kotara

31 Wallace St, Kotara is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 575m2 and floor size of 180m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Year Built
1980
Floor Size
180m2
Land Size
575m2
Local Government
Newcastle
Lot/Plan
7/DP237128

Last Listing description (May 2023)

This charming property, located in a quiet, tree filled cul-de-sac, is sure to impress. With plenty of bird life and a serene atmosphere, this is the perfect place to call home.

Drenched in natural light, this abode boasts raked ceilings and inviting interiors, ensuring that everyone has plenty of space to relax and unwind. Entertaining is also a dream with open plan living and dining, flowing to a covered alfresco that overlooks the landscaped and easy-care garden.

If a separate space for a business, teenage retreat or simply an additional living area is needed, the lower level can be utilised as a flexible option for just this. The benefits are endless without sacrificing space or privacy.

Highlights:
- Approx. 575.4m2 block tree lined, landscaped gardens
- Four bedrooms privately positioned and all with built-in robes
- Main bedroom with ensuite
- Living room with raked ceilings the place to catch the most amazing views over the garden and beyond
- Open plan living and dining flowing to outdoor areas for the ultimate entertaining and relaxation options
- Quality kitchen overlooking the back garden includes stainless steel appliances and stone bench tops
- Renovated family bathroom with bathtub and separate W.C
- Lower level offers multiple living options - perfect teenage retreat or home office / business with separate entrance
- Light filled interiors with polished floor boards and plantation shutters
- Generous laundry with third W.C
- Ducted reverse cycle air conditioning to upper level and ceiling fans in bedrooms
- Garden shed and workshop
- Carport with secure garage door - off street parking for additional vehicles

Here and there:
- Orchardtown Rd shops and cafes - 4 min drive (2.3km)
- John Hunter Hospital - 7 min drive (3.7km)
- Blackbutt Nature reserve - 15min walk (1.2km)
- Westfield Kotara - 24min walk (1.8km)
- Gregory Parade Reserve - 2min walk (130m)
- Merewether Beach and Ocean Baths - 14min drive (10km)
- School catchment - New Lambton Public School 7min drive (3.5km), Lambton High School - 8min drive (5.2km)

- Weekly rental return In the vicinity of $700
- Approx. council rates per quarter - $685
- Approx. water rates per third - $280 (not incl. usage)

This property will be sold via online auction on Saturday 13th May 2023, unless sold prior.

For more information, please contact Bec on 4967 6770.

Disclaimer:
All information contained herein has been gathered from sources we consider reliable. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own inquiries in order to determine whether or not this information is in fact accurate.

Property History for 31 Wallace St, Kotara, NSW 2289

A timeline of how this property has performed in the market
Last Sold
$1,123,500
13 May 2023
  • 13 May 2023
    Sold for $1,123,500
  • 17 Apr 2023
    Listed for Sale Auction
  • 29 May 2015
    Sold for $532,500
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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, 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.