31 Tomaree StreetNelson Bay NSW 2315
Property Details for 31 Tomaree St, Nelson Bay
31 Tomaree St, Nelson Bay is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 601m2 and floor size of 146m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
Last Listing description (November 2021)
Situated in a prime position and already tenanted these 2 free-standing homes are on one title and leased individually.
Comprising of 2 x 2 bedroom houses, one brick and tile with ensuite and double garage, the other a charming weather-board cottage with off street parking, covered outdoor entertaining and workshop.
The central location is within easy walking distance to shops, marina, clubs, bus route and restaurants; making these properties sought after by tenants with consistent occupancy and reliable investment income.
* Air conditioning to the brick residence.
* Both homes are on one title - so there is only one lot of council rates and no strata fees.
* Both homes have street frontage (not one house squeezed behind another)
* Rental return currently totals $730 per week to existing tenants (fact sheet with further details is available on request)
Property History for 31 Tomaree St, Nelson Bay, NSW 2315
- 18 May 2021Sold for $925,000
- 15 Apr 2021Listed for Sale $939,000
- 12 Aug 2019Listed for Rent $330 / 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 6,058 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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