OFF MARKET

42 Marks Point Road
Marks Point NSW 2280

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 118m2
Land area: 863m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 16 Dec 2024
Low

High
Save

Property Details for 42 Marks Point Rd, Marks Point

42 Marks Point Rd, Marks Point is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1940. The property has a land size of 863m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
House
Year Built
1940
Floor Size
118m2
Land Size
863m2
Local Government
Lake Macquarie
Lot/Plan
1/DP1093159

Last Listing description (November 2021)

Auction Location: Onsite.

R&W Charlestown is proud to present this large sought after parcel of land & neatly presented three bedroom home, located in the tightly held suburb of Marks Point.

The property presents upon inspection as a neat and tidy three bedroom home, located on what can only be described as, "a large, flat and very valuable block".

The house is in good condition, big enough to house a family of four or five, in comfort.

It is located/sited on the left side of the block looking from the road, in such a way that it provides easy drive through access via the right hand side, to the large, rear & vacant backyard.

Possible future development potential & opportunity abound, for either a granny flat, subdivision or a full knockdown or rebuild onsite eg : townhouses, villas or even a large new home (STCA).

A second story from the top level would possibly provide some fabulous views across lake Macquarie, North to the Belmont 16 Footers and South towards Pelican & Swansea.

The property is located close to schools, shops including the locals (salon, news agency & post office, cafe & marina) , beaches, transport and Swan Bay, Village Bay, Belmont Bay and Naru Reserve.

Blink and this listing will be gone, act fast!

There is a link below where you can purchase the P&B for the property, REA or request it from me via a text or email.

Property History for 42 Marks Point Rd, Marks Point, NSW 2280

A timeline of how this property has performed in the market
Last Sold
$850,000
26 Nov 2021
Listed for Rent
$350/w
27 Jun 2018
  • 26 Nov 2021
    Sold for $850,000
  • 14 Nov 2021
    Listed for Sale Auction
  • 14 Aug 2014
    Listed for Rent $350 / week
Sign in to see more transactions

Commute Calculator

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 1,014 properties. Over the last 5 years, Houses in Marks Point have seen a 75.95% increase in median value, while Units have seen a 58.53% increase. As at 30 November 2024:

  • The median value for Houses in Marks Point is $1,005,670 while the median value for Units is $623,755.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 3 properties listed for sale, and 1 property listed for rent in Marks point on OnTheHouse. According to CoreLogic's data, 30 properties were sold in the past 12 months in Marks point.

Suburb Insights for Marks Point 2280

Market Insights
Marks Point 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: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Marks Point 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: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
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.