10/7 Magnus StreetNelson Bay NSW 2315
Property Details for 10/7 Magnus St, Nelson Bay
10/7 Magnus St, Nelson Bay is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1982. The property has a land size of 2712m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in November 2016.
Last Listing description (March 2017)
Stop looking as we have just found the perfect unit in walking distance to all the attractions of the Bay. This fully furnished unit ticks all of the boxes. 2 secure underground parking spaces, large lock up storage room and only a few steps into the first floor unit. Once inside you will be amazed by the feeling of space and natural light with a view of the water from the living area and balcony. The unit has been tastefully renovated and would be ideal to live in or make an excellent investment as either a permanent or holiday rental property.
Do not delay your inspection as units like this are a rarity in this market.
Property History for 10/7 Magnus St, Nelson Bay, NSW 2315
- 22 Nov 2016Sold for $425,000
- 08 Nov 2016Listed for Sale $439,000
- 13 Apr 2000Sold for $180,000
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0About Nelson Bay 2315
The size of Nelson Bay is approximately 15.8 square kilometres. It has 24 parks covering nearly 56% of total area. The population of Nelson Bay in 2011 was 5,396 people. By 2016 the population was 5,811 showing a population growth of 7.7% in the area during that time. The predominant age group in Nelson Bay is 60-69 years. Households in Nelson Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nelson Bay work in a trades occupation. In 2011, 61.4% of the homes in Nelson Bay were owner-occupied compared with 63.6% in 2016.
Nelson Bay has 6,064 properties. Over the last 5 years, Houses in Nelson Bay have seen a 63.78% increase in median value, while Units have seen a 69.78% increase. As at 31 October 2024:
- The median value for Houses in Nelson Bay is $1,011,265 while the median value for Units is $725,965.
- Houses have a median rent of $570 while Units have a median rent of $500.
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