4/265 Park Ave, Kotara is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2000. The property has a land size of 2071m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in May 2016.
This lovely, quiet 2 bedroom townhouse is set back from the road in convenient Kotara. This is an excellent opportunity to purchase this very neat brick and tile unit, situated in a complex of only 6 and just metres from Westfield Shopping Centre, John Hunter Hospital, quality schools, parks, and easy transport into Newcastle CBD.
The perfect low-maintenance investment property with great rental potential of approx $380p/w. Also great as a first home or those looking to downsize with low-maintenance qualities yet so close to all conveniences.
This property features:
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:
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