OFF MARKET

18 High Street
Marmong Point NSW 2284

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 68m2
Land area: 1029m2
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Last updated 30 Sep 2024
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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.

Building Type
Unit
Year Built
1960
Floor Size
68m2
Land Size
1029m2
Local Government
Lake Macquarie
Lot/Plan
1/DP1152725

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:

• Brick & Tile construction
• Metres to Lake Macquarie
• Minutes to Toronto CBD
• Current Leases

Property History for 18 High St, Marmong Point, NSW 2284

A timeline of how this property has performed in the market
Last Sold
$287,500
15 Apr 2011
Listed for Rent
$161/w
06 Aug 2009
  • 15 Apr 2011
    Sold for $287,500
  • 01 Jan 2011
    Listed for Sale BEST OFFER OVER $299,999
  • 19 Jul 2009
    Listed 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 339 properties. Over the last 5 years, Houses in Marmong Point have seen a 64.43% increase in median value, while Units have seen a 56.93% increase. As at 30 September 2024:

  • The median value for Houses in Marmong Point is $904,637 while the median value for Units is $629,707.
  • Houses have a median rent of $585.
There are currently 2 properties listed for sale, and no properties listed for rent in Marmong point on OnTheHouse. According to CoreLogic's data, 12 properties were sold in the past 12 months in Marmong point.

Suburb Insights for Marmong Point 2284

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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.