OFF MARKET

158 Marks Point Road
Marks Point NSW 2280

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
Land area: 851m2
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Property Details for 158 Marks Point Rd, Marks Point

158 Marks Point Rd, Marks Point is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 851m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
House
Year Built
1960
Floor Size
83m2
Land Size
851m2
Local Government
Lake Macquarie
Lot/Plan
1/DP956328

Last Listing description (December 2023)

This is a unique opportunity to build your dream home that takes advantage of views over Swan bay to the South and Belmont Bay to the North (Subject to LMCC approval).
The architectural designed home was DA approved in the past, therefore with precedence the likelihood of reinstating the approval is highly likely.
The existing 2 bedroom waterfront property is currently used as an Air BNB realising returns of up to $70,000 per annum.

Build your dream home while you are getting a return from the existing home, alternately live in the waterfront and build.
The flexibility to use the property as you require makes this proposition highly desirable.

Walk to everything is another feature of this home.
With schools, bowling club, ovals, golf course and beaches within a flat walk or 2 minute drive.
There is a quaint shopping centre only 300 metres down the road,
Offering post office, newsagency and cafes.
Absolute prime position for a waterfront.

Disclaimer: We have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including and without limitation, any income, rentals, dimensions, areas, zoning, inclusions and exclusions.

Property History for 158 Marks Point Rd, Marks Point, NSW 2280

A timeline of how this property has performed in the market
Last Sold
$1,380,000
16 Nov 2023
  • 16 Nov 2023
    Sold for $1,380,000
  • 03 Jul 2023
    Listed for Sale Not Disclosed
  • 20 Oct 2017
    Sold for $810,000
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About Marks Point 2280

The size of Marks Point is approximately 1.5 square kilometres. It has 6 parks covering nearly 18.8% of total area. The population of Marks Point in 2011 was 1,731 people. By 2016 the population was 1,814 showing a population growth of 4.8% in the area during that time. The predominant age group in Marks Point is 60-69 years. Households in Marks Point are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Marks Point work in a professional occupation. In 2011, 53% of the homes in Marks Point were owner-occupied compared with 55% in 2016.

Marks Point has 1,005 properties. Over the last 5 years, Houses in Marks Point have seen a 66.23% increase in median value, while Units have seen a 57.68% increase. As at 31 October 2024:

  • The median value for Houses in Marks Point is $994,076 while the median value for Units is $606,478.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 7 properties listed for sale, and 1 property listed for rent in Marks point on OnTheHouse. According to CoreLogic's data, 29 properties were sold in the past 12 months in Marks point.

Suburb Insights for Marks Point 2280

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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.