OFF MARKET

1 Bannister Head Road
Mollymook Beach NSW 2539

Bedrooms: 6
Bathrooms: 3
Car spaces: 2
Land area: 613m2
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Property Details for 1 Bannister Head Rd, Mollymook Beach

1 Bannister Head Rd, Mollymook Beach is a 6 bedroom, 3 bathroom Unit with 2 parking spaces. The property has a land size of 613m2. While the property is not currently for sale or for rent, it was last sold in January 2001.

Building Type
Unit
Land Size
613m2
Local Government
Shoalhaven
Lot/Plan
849/DP233697

Last Listing description (May 2019)

Opposite the Bannister Head cliff top reserve and with views north to Green Island and beyond, this property offers a fantastic coastal holiday rental opportunity. Strata titled, the two three bedroom units are currently holiday let year-round and are being sold in one line. This property is so diverse - rent both units or live in one and rent the other. Alternatively, convert the home into a huge beach house with room for the entire family. The downstairs unit has three bedrooms, open plan living, timber floorboards throughout, a covered front verandah and an alfresco dining area overlooking the reserve opposite. The upstairs unit features three bedrooms, main with ensuite, spectacular ocean views from the front deck and main bedroom, plus ocean and escarpment views from the second bedroom and back verandah. Each unit has a fenced back yard and a single garage. The corner block ensures separate private access to each unit. Only a five minute walk to the famous Rick Stein's at Bannisters restaurant, The Pavilion Rooftop bar and Mollymook shops. Close to both North Mollymook and Narrawallee Beach which have lifeguards on duty over the summer holidays. A premium property in a highly sought-after holiday location. Can be purchased as two individual 3 bedrooms units (the properties have separate titles), ideal to purchase with friends or another family member. The owners currently have one property in a SMSF and the second as a holiday investment property, a great way to invest!

Property History for 1 Bannister Head Rd, Mollymook Beach, NSW 2539

A timeline of how this property has performed in the market
Last Sold
$124,000
25 Jan 2001
  • 29 Mar 2018
    Listed for Sale $1,395,000
  • 25 Jan 2001
    Sold for $124,000
  • 10 Feb 1998
    Sold for $85,000
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About Mollymook Beach 2539

The size of Mollymook Beach is approximately 3.3 square kilometres. It has 12 parks covering nearly 34.3% of total area. The population of Mollymook Beach in 2011 was 2,060 people. By 2016 the population was 2,446 showing a population growth of 18.7% in the area during that time. The predominant age group in Mollymook Beach is 60-69 years. Households in Mollymook Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mollymook Beach work in a professional occupation. In 2011, 72.8% of the homes in Mollymook Beach were owner-occupied compared with 77.3% in 2016.

Mollymook Beach has 1,969 properties. Over the last 5 years, Houses in Mollymook Beach have seen a 94.70% increase in median value, while Units have seen a 63.60% increase. As at 31 August 2024:

  • The median value for Houses in Mollymook Beach is $1,114,318 while the median value for Units is $709,420.
  • Houses have a median rent of $580 while Units have a median rent of $500.
There are currently 66 properties listed for sale, and 4 properties listed for rent in Mollymook beach on OnTheHouse. According to CoreLogic's data, 81 properties were sold in the past 12 months in Mollymook beach.

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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.