8 Magnus StreetNelson Bay NSW 2315
Property Details for 8 Magnus St, Nelson Bay
8 Magnus St, Nelson Bay is a 4 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 672m2 and floor size of 222m2. While the property is not currently for sale or for rent, it was last sold in March 2017.
Last Listing description (April 2021)
Opportunities like this don't come along very often. First time offered for sale in over 40 years this grand family home boasts a SPECTACULAR BEACH AND WATER VIEW or take advantage of the medium density zoning and redevelop into a multi-story apartment complex.
The house boasts 3 large living areas, 3 bathrooms, 4 huge bedrooms plus office, renovated kitchen, and double garage. The downstairs area could be easily reconfigured as a separate flat, with its own bathroom, bedroom, kitchen, living area, and external access.
Not just an amazing outlook, but only a very short walk to the beach, park and marina.
Property History for 8 Magnus St, Nelson Bay, NSW 2315
- 15 Mar 2017Sold for $1,570,000
- 15 Nov 2016Listed for Rent $600 / week
- 16 Dec 2015Listed for Sale $1,800,000
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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 6,068 properties. Over the last 5 years, Houses in Nelson Bay have seen a 73.30% increase in median value, while Units have seen a 43.45% increase. As at 31 July 2024:
- The median value for Houses in Nelson Bay is $1,068,365 while the median value for Units is $622,616.
- Houses have a median rent of $600 while Units have a median rent of $490.
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