OFF MARKET

349 Park Avenue
Kotara NSW 2289

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 213m2
Land area: 1128m2
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Property Details for 349 Park Ave, Kotara

349 Park Ave, Kotara is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 1128m2 and floor size of 213m2. While the property is not currently for sale or for rent, it was last sold in August 2019.

Building Type
House
Year Built
1975
Floor Size
213m2
Land Size
1128m2
Local Government
Newcastle
Lot/Plan
102/DP543918

Last Listing description (November 2019)

With a spectacular footprint and layout that is ripe for renovation, this 5 bedroom home nestled back off Park Avenue is ready for its new owners. Set on a massive 1,142m2 block, this double story brick and weatherboard home has plenty of opportunity in a tranquil and peaceful setting!

The ground level contains 2 bedrooms, a separate bathroom and a spacious rumpus room which has its own fully equipped kitchenette. The upper level includes 3 bedrooms along with a freshly renovated kitchen and 2 separate living areas. The refurbed kitchen showcases a ceasar stone bench top, soft close drawers, 6 burner Technica Italian gas oven and top of the line stainless appliances. The layout of the home has the potential for dual occupancy living with a fantastic rental return for both dwellings.

Entertain outdoors with 2 separate alfresco areas, the first situated off the lower level rumpus room, while the upper-level deck spectacularly overlooks the pool and is surrounded by greenery. The location for this property is ideal with only a short drive to both Kotara Westfield and Charlestown Square Shopping centres.

Property Features:
- Dual occupancy potential.
- Massive 1000+ m2 block.
- Double Garage.
- Spacious in ground pool and surrounds.
- Peaceful and tranquil setting.
- Conveniently located close to all your essential amenities.
- Council Rates $1815 Per Annum.
- Water Rates $850 Per Annum.

This home would suit a large family or dual occupancy if a "granny flat" type accommodations is required. Also, provides sensational rental return opportunity.

This property will be open for private inspections only; please contact Wayne Stewart 0425 257 001 or James English 0447 659 529 to arrange a time.

Property History for 349 Park Ave, Kotara, NSW 2289

A timeline of how this property has performed in the market
Last Sold
$570,000
26 Aug 2019
Listed for Rent
$450/w
09 Aug 2018
  • 26 Aug 2019
    Sold for $570,000
  • 12 Jul 2019
    Listed for Sale Price Guide $590,000 - $649,000
  • 12 Jun 2018
    Listed for Rent $580 / 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 1,872 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.