18 High StreetMarmong Point NSW 2284
Property Details for 18 High St, Marmong Point
18 High St, Marmong Point is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1960. The property has a land size of 1029m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in April 2011.
Last Listing description (May 2011)
Ideal Investment Best Offer Over $299,999
Offering in excess of a huge 6% return, this unique property is perfect for the astute investor. Comprising 3 x 1 bedroom self contained flats, all with kitchen, bathroom and lounge /living rooms, parking facilities which include double garage, additional storage shed, shared laundry. Combined rental return of $426 per week ($22,152 p.a). All of this positioned on 1029m2 and within walking distance of the lake’s edge, this is the perfect addition to your portfolio! Call to arrange your inspection today!!
Bonus Features:
• Metres to Lake Macquarie
• Minutes to Toronto CBD
• Current Leases
Property History for 18 High St, Marmong Point, NSW 2284
- 15 Apr 2011Sold for $287,500
- 01 Jan 2011Listed for Sale BEST OFFER OVER $299,999
- 19 Jul 2009Listed for Rent - Price not available
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About Marmong Point 2284
The size of Marmong Point is approximately 0.9 square kilometres. It has 5 parks covering nearly 13.2% of total area. The population of Marmong Point in 2011 was 762 people. By 2016 the population was 759 showing a population decline of 0.4% in the area during that time. The predominant age group in Marmong Point is 50-59 years. Households in Marmong Point are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Marmong Point work in a professional occupation. In 2011, 72.7% of the homes in Marmong Point were owner-occupied compared with 78% in 2016.
Marmong Point has 336 properties. Over the last 5 years, Houses in Marmong Point have seen a 63.87% increase in median value, while Units have seen a 52.85% increase. As at 31 October 2024:
- The median value for Houses in Marmong Point is $911,224 while the median value for Units is $617,867.
- Houses have a median rent of $568.
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