SOLD
RECENT ADVICE
Sold on 24 May 2024 for $1,350,000

85 Galoola Drive
Nelson Bay NSW 2315

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 1638m2
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Property Details for 85 Galoola Dr, Nelson Bay

85 Galoola Dr, Nelson Bay is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1638m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 4 bedroom House sold in Nelson Bay in the last 12 months.

Building Type
House
Land Size
1638m2

Last Listing description (May 2024)

Don't miss your chance to secure this home on a remarkable 1,643 m2 block in a prestigious neighbourhood. With triple street access from both Galoola Drive and Wollomi Avenue, this property offers endless potential for redevelopment, renovation or subdivision (S.T.C.A), making it an exceptional investment opportunity.

The existing 4-bedroom, 2-bathroom home features a spacious layout with two living areas and an en-suite in the primary bedroom, providing comfortable living in the meantime. Importantly, the property's generous dimensions and elevated position present the potential to capture stunning water views from a second-story renovation, further enhancing the property's appeal.

Imagine the possibilities – build your dream home with picturesque water vistas, or explore subdivision options to maximize the potential of this rare and remarkable land. With the area's prestigious reputation and the property's generous dimensions, the opportunities are truly limitless.

Don't let this once-in-a-lifetime chance slip away. Contact us today to schedule a private viewing and unlock the incredible potential of this exceptional offering.

Disclaimer:
All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy. Purchasers should conduct their own investigations into all matters relating to the proposed purchase of the property. Some of our properties are marketed from time to time without a price guide at the vendors request. This website may have filtered the property into a price bracket for website functionality purposes.

Property History for 85 Galoola Dr, Nelson Bay, NSW 2315

A timeline of how this property has performed in the market
Last Sold
$1,350,000
24 May 2024
  • 24 May 2024
    Sold for $1,350,000
  • 19 Apr 2024
    Listed for Sale EXPRESSIONS OF INTEREST
  • 08 Jan 2024
    Sold
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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 6,061 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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Heath Jones
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Jack Jones
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Nelson Bay Real Estate
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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.