OFF MARKET

7 Penelope Place
Kotara NSW 2289

Bedrooms: 4
Bathrooms: 2
Car spaces: 5
Floor area: 162m2
Land area: 621m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 9 Sep 2024
Low

High
Save

Property Details for 7 Penelope Pl, Kotara

7 Penelope Pl, Kotara is a 4 bedroom, 2 bathroom House with 5 parking spaces and was built in 1980. The property has a land size of 621m2 and floor size of 162m2. While the property is not currently for sale or for rent, it was last sold in June 2019.

Building Type
House
Year Built
1980
Floor Size
162m2
Land Size
621m2
Local Government
Newcastle
Lot/Plan
66/DP243838

Last Listing description (June 2022)

A quiet cul de sac position enhances this spacious 4 bedroom brick veneer and tile home located on approx. 620m2 block. Deep driveway leads to 4-5 car garage with internal access. Formal lounge, dining and family room offers redesign and decor options for the budding renovator. Main bedroom enhanced by ensuite. Stroll to enjoy sporting ovals, primary and high schools. Ideal for local resident looking for a larger family home and big garage for dad!

* A quiet cul de sac location enhances this spacious family home.
* Great potential and looking for young family to rejuvenate decor.

* Massive 4-5 car garage with internal access and additional storage.
* Lounge, dining and family living area offering redesign options.
* Stroll to a selection of sporting parks, primary and high schools.
* Ideal for a family with multiple vehicles.
* Fantastic potential offered with this home.

Council Rates: $2,057 PA approx
Water Rates: $777.93 + Usage PA approx.
Rent Potential: $550 PW approx

Property History for 7 Penelope Pl, Kotara, NSW 2289

A timeline of how this property has performed in the market
Last Sold
$655,000
13 Jun 2019
Listed for Rent
$750/w
30 Sep 2021
  • 10 Sep 2021
    Listed for Rent $750 / week
  • 24 Nov 2020
    Listed for Rent $690 / week
  • 02 Dec 2019
    Listed for Rent $680 / week
Sign in to see more transactions

Commute Calculator

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 1,890 properties. Over the last 5 years, Houses in Kotara have seen a 72.41% increase in median value, while Units have seen a 60.07% increase. As at 31 August 2024:

  • The median value for Houses in Kotara is $970,823 while the median value for Units is $764,590.
  • Houses have a median rent of $680 while Units have a median rent of $620.
There are currently 8 properties listed for sale, and 1 property listed for rent in Kotara on OnTheHouse. According to CoreLogic's data, 76 properties were sold in the past 12 months in Kotara.

Suburb Insights for Kotara 2289

Market Insights
Kotara Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Kotara Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.