SOLD
Sold on 19 Jan 2024 for $1,000,000

1/149 Blues Point Road
Mcmahons Point NSW 2060

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 60m2
Land area: 398m2
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Property Details for 1/149 Blues Point Rd, Mcmahons Point

1/149 Blues Point Rd, Mcmahons Point is a 2 bedroom, 1 bathroom Unit and was built in 1930. The property has a land size of 398m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Mcmahons Point in the last 12 months.

Building Type
Unit
Year Built
1930
Floor Size
60m2
Land Size
398m2
Local Government
North Sydney
Lot/Plan
1/SP15160

Last Listing description (January 2024)

This two-bedroom art deco apartment, nestled behind a quaint shopfront in the vibrant heart of McMahons Point, it is one of only 6 in this well maintained & tightly held security building.

Peaceful setting at the rear of the building.

This well-appointed property offers two good sized bedrooms, along with a spacious updated kitchen. Internal Laundry facilities.

No common walls.

Offering an excellent investment opportunity with room for improvement. This is one that shouldn't be missed. Current lease expires March 2024.

Strata Levies: $1,062.50 per qtr approximately

Water Rates: $173.00 per qtr approximately

Council Rates: $307.00 per qtr approximately

Property History for 1/149 Blues Point Rd, Mcmahons Point, NSW 2060

A timeline of how this property has performed in the market
Last Sold
$1,000,000
19 Jan 2024
Listed for Rent
$645/w
20 Feb 2023
  • 19 Jan 2024
    Sold for $1,000,000
  • 12 Oct 2023
    Listed for Sale Not Disclosed
  • 16 Jun 2023
    Sold
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About Mcmahons Point 2060

The size of Mcmahons Point is approximately 0.4 square kilometres. It has 9 parks covering nearly 12.5% of total area. The population of Mcmahons Point in 2011 was 2,344 people. By 2016 the population was 2,284 showing a population decline of 2.6% in the area during that time. The predominant age group in Mcmahons Point is 30-39 years. Households in Mcmahons Point are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Mcmahons Point work in a professional occupation. In 2011, 45.8% of the homes in Mcmahons Point were owner-occupied compared with 45.7% in 2016.

Mcmahons Point has 1,763 properties. Over the last 5 years, Houses in Mcmahons Point have seen a 29.87% increase in median value, while Units have seen a 26.52% increase. As at 31 October 2024:

  • The median value for Houses in Mcmahons Point is $3,997,045 while the median value for Units is $1,535,538.
  • Houses have a median rent of $1,270 while Units have a median rent of $700.
There are currently 4 properties listed for sale, and 5 properties listed for rent in Mcmahons point on OnTheHouse. According to CoreLogic's data, 58 properties were sold in the past 12 months in Mcmahons point.

Suburb Insights for Mcmahons Point 2060

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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.