OFF MARKET

8/2 Magnus Street
Nelson Bay NSW 2315

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 73m2
Land area: 279m2
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Property Details for 8/2 Magnus St, Nelson Bay

8/2 Magnus St, Nelson Bay is a 2 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 279m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in July 1993.

Building Type
Unit
Year Built
1970
Floor Size
73m2
Land Size
279m2
Local Government
Port Stephens
Lot/Plan
8/SP4902

Last Listing description (June 2024)

Enjoy elevated water and district views from this two-bedroom air-conditioned unit located in the heart of Nelson Bay and just minutes from the popular Fly Point beach.

Features of this neat and tidy unit include integrated kitchen, dining and living space with internal access to the balcony extending the living space on warm summer days to enjoy the spectacular water views and CBD lifestyle.

Two bedrooms with built in wardrobes and large glass windows to embrace the ocean views, neat and tidy bathroom, air-conditioning, private lockable laundry and one undercover car space.

NO PETS due to strata rules.

Property History for 8/2 Magnus St, Nelson Bay, NSW 2315

A timeline of how this property has performed in the market
Last Sold
14 Jul 1993
Listed for Rent
$390/w
21 Oct 2021
  • 06 Jun 2024
    Listed for Rent $440 / week
  • 05 Dec 2023
    Listed for Rent $440 / week
  • 10 Sep 2021
    Listed for Rent $390 / week
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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 6,057 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 76 properties listed for sale, and 7 properties listed for rent in Nelson bay on OnTheHouse. According to CoreLogic's data, 262 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.