16/36 Magnus StreetNelson Bay NSW 2315
Property Details for 16/36 Magnus St, Nelson Bay
16/36 Magnus St, Nelson Bay is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Unit sold in Nelson Bay in the last 12 months.
Last Listing description (November 2024)
Welcome to 16/36 Magnus Street, Nelson Bay. This fantastic two-bedroom apartment is situated in the highly sought-after ‘Poplars’ complex, enjoying captivating water views and the convenience of being walking distance to water and heart of Nelson Bay.
Offering a practical floorplan, this apartment is move in ready yet has the potential to further add value for the savvy renovator or investor to maximise rental return.
Two spacious bedrooms and one central bathroom ensure it has room for the family to enjoy as a weekender and/or the ideal size for a permanent investment.
The family will also love the large complex pool.
Further convenience is apparent with parking for two vehicles off-street so you can park the car and enjoy all that this incredible location has to offer.
An opportunity to secure captivating water views without the price tag is hard to come by. Do not delay and arrange your own private inspection today by contacting Meg Dean on 0403271539.
Strata fees - approx. $1,318 per quarter
Council rates - approx. $343 per quarter
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Property History for 16/36 Magnus St, Nelson Bay, NSW 2315
- 07 Nov 2024Sold for $676,000
- 30 Aug 2024Listed for Sale Auction
- 06 Feb 2024Listed for Rent $480 / week
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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 6,063 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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