OFF MARKET

24/36 Magnus Street
Nelson Bay NSW 2315

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 89m2
Land area: 123m2
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Property Details for 24/36 Magnus St, Nelson Bay

24/36 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 123m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in August 2016.

Building Type
Unit
Year Built
1982
Floor Size
89m2
Land Size
123m2
Local Government
Port Stephens
Lot/Plan
24/SP19912

Last Listing description (October 2016)

Listen to the shore below from this stylish, renovated apartment in a building 1 street back off the waterfront and beautiful Fly Point. This stunning top floor unit features 2 bedrooms, 1 bathroom, large kitchen with caeserstone bench top, brand new Bosch appliances and integrated fridge, balcony, water views, a large renovated in ground pool in the complex & 2 secure car spaces. The new quality furniture is included in the sale price, and the apartment is ready for owner occupier or holiday rental, so use yourself and/ or rent for healthy returns. The paying guests assists with owners outgoings and the owners holiday is free a win/win situation. If you are looking for either a quality unit for a permanent residence or you want an investment you can use yourself, you should seriously consider. The unit is located in an enviable position with easy five minute walk to Nelson Bay shops and marina with its mixture of restaurants and coffee shops and brand new Woolworths, with Fly Point just on your doorstep. Expect to be impressed.

Property History for 24/36 Magnus St, Nelson Bay, NSW 2315

A timeline of how this property has performed in the market
Last Sold
$429,000
01 Aug 2016
  • 01 Aug 2016
    Sold for $429,000
  • 07 Jul 2016
    Listed for Sale $440,000
  • 10 Feb 2015
    Sold for $310,000
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About 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.
There are currently 79 properties listed for sale, and 7 properties listed for rent in Nelson bay on OnTheHouse. According to CoreLogic's data, 260 properties were sold in the past 12 months in Nelson bay.

Suburb Insights for Nelson Bay 2315

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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.