SOLD
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Sold on 04 Dec 2024 for $640,000

7/95 Park Avenue
Kotara NSW 2289

Bedrooms: 3
Bathrooms: 3
Car spaces: 1
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Property Details for 7/95 Park Ave, Kotara

7/95 Park Ave, Kotara is a 3 bedroom, 3 bathroom Townhouse with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 3 bedroom Townhouse sold in Kotara in the last 12 months.

Building Type
Townhouse

Last Listing description (December 2024)

This dual-level townhouse is perfect for starting out or investing, offering a fantastic floorplan and unbeatable convenience. With a northwest-facing orientation, you'll enjoy an abundance of natural light, and the leafy, established gardens at the front provide excellent privacy. Inside, the layout is well designed, featuring an air-conditioned lounge room and a separate kitchen and dining area upstairs. You'll find two bedrooms, including one with an ensuite, plus a spa bathroom. The verandah, accessible from the living area and main bedroom, adds a wonderful alfresco element. Downstairs, there's a pleasant surprise: a third bedroom and a laundry equipped with a third shower and toilet. It's rare to find a three-bedroom, three-bathroom townhouse, especially in such a central location. You'll be just a stone's throw from Westfield and the Homemaker Centre, making it easy to grab your groceries, enjoy a coffee, or catch a movie. The rooftop dining precinct offers cuisine from around the world. Plus, with bus stops just steps away, commuting to the city is a breeze.

- Northwest facing townhouse in 'Parkwood' – a friendly community of just 20 homes
- Air conditioned lounge room and robed main bedroom with ensuite open to verandah

- Modern and spacious dining/kitchen, gas cooktop, electric oven
- Second bedroom with built-in robe served by fully tiled spa bathroom
- Third bedroom or study plus laundry with third toilet and shower on ground floor
- Single lock up garage with convenient internal access
- Step outside to bus stops, everyday essentials, specialty store and eateries
- Handy location between the CBDs of Charlestown and Newcastle
- Tenanted until 27th October 2024, happy tenant would love to stay, currently returning $560pw
- Strata Fees approximately $3772 per year
- Water Rates approximately $311 per year
- Council Rates approximately $1439 per year

We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 7/95 Park Ave, Kotara, NSW 2289

A timeline of how this property has performed in the market
Last Sold
$640,000
04 Dec 2024
Listed for Rent
$560/w
23 Oct 2023
  • 04 Dec 2024
    Sold for $640,000
  • 03 Jul 2024
    Listed for Sale $640,000
  • 12 Oct 2023
    Listed for Rent $560 / 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 1,889 properties. Over the last 5 years, Houses in Kotara have seen a 64.36% increase in median value, while Units have seen a 65.65% increase. As at 30 November 2024:

  • The median value for Houses in Kotara is $958,232 while the median value for Units is $797,005.
  • Houses have a median rent of $700 while Units have a median rent of $650.
There are currently 6 properties listed for sale, and no properties listed for rent in Kotara on OnTheHouse. According to CoreLogic's data, 81 properties were sold in the past 12 months in Kotara.

Suburb Insights for Kotara 2289

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Corinna Michilis
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Roger Ingham
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First National Newcastle City
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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.