OFF MARKET

8 Marks Parade
Marks Point NSW 2280

Bedrooms: 5
Bathrooms: 2
Car spaces: 3
Floor area: 254m2
Land area: 594m2
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Last updated 11 Nov 2024
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Property Details for 8 Marks Pde, Marks Point

8 Marks Pde, Marks Point is a 5 bedroom, 2 bathroom House with 3 parking spaces and was built in 1980. The property has a land size of 594m2 and floor size of 254m2. While the property is not currently for sale or for rent, it was last sold in August 2015.

Building Type
House
Year Built
1980
Floor Size
254m2
Land Size
594m2
Local Government
Lake Macquarie
Lot/Plan
59/DP17142

Last Listing description (June 2016)

This north east facing 2-storey, brick beauty has much more than meets the eye.
Situated within a hop, skip & a jump of the shores of Lake Macquarie, only 55m to the boat ramp & conveniently located less than a 5 minute walk to Marks Point Primary School, also very close to the shops, Belmont Golf Couse & local parkland.
This home has many different applications with the opportunity for dual residences. The ground level has a self contained one bedroom unit with its own lounge, kitchen, bathroom, garage & a second living area.

The upstairs section of the house has a kitchen which is open plan to the dining room & formal lounge. Tiled living area with split system air conditioner. The rear upstairs enclosed deck overlooks the park across the lane making it a perfect place to bask in the sun in winter for breakfast. The front deck has views over the lake. There are 2 bedrooms with built in robes & a large bathroom that is in good condition. The home is on 3 phase electricity & is on natural gas. The property has 2 street frontage & has a massive garage at the rear of the property that can fit a van or a boat as the roller doors are higher than standard.
This is an excellent opportunity to have a holiday house & get income from the self contained unit. Otherwise you could rent both out at a potential return of $480 to $500 per week. If you are after a family home then the home is exceptionally well built so you can renovate to your taste & requirements. Several applications mean that the home will be highly sought after.
Do not hesitate, this fabulous home is excellent value in an excellent location.

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Property History for 8 Marks Pde, Marks Point, NSW 2280

A timeline of how this property has performed in the market
Last Sold
$525,000
28 Aug 2015
  • 28 Aug 2015
    Sold for $525,000
  • 19 Aug 2015
    Listed for Sale BOO $460,000

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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 1,006 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.

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