SOLD
Sold on 15 Aug 2024 for $38,500

1931 Somerset Avenue
North Arm Cove NSW 2324

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1140m2
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Property Details for 1931 Somerset Ave, North Arm Cove

Building Type
Land
Land Size
1140m2
Local Government
Mid-Coast
Lot/Plan
1931/DP12276

Last Listing description (September 2024)

Look no further! This cleared and block is located in the coastal region of North Arm Cove. With 4WD access from The Ridgeway (accessible from Eastslope Way), this block features the perfect blend of privacy and convenience and on top of that is cleared and level!

The land is located across the shores of Port Stephens, and just a 15-minute drive from Tea Gardens, Hawks Nest & an hour from the city of Newcastle.
While you are unable to build, this is the perfect opportunity to own your own weekend camping get away- the sandy shores of North Arm Cove is the perfect place for swimming, fishing, kayaking and all your favourite water sports.

For more information on non-urban land please visit: https://www.midcoast.nsw.gov.au/Plan-Build/Stage-1-Find-Out/Non-Urban-Land

Tilligerry Real Estate recommends wearing long pants and covered footwear when inspecting the land.

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Property History for 1931 Somerset Ave, North Arm Cove, NSW 2324

A timeline of how this property has performed in the market
Last Sold
$38,500
15 Aug 2024
  • 15 Aug 2024
    Sold for $38,500
  • 05 Apr 2024
    Listed for Sale Not Disclosed
  • 23 Jan 2006
    Sold for $20,000

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About North Arm Cove 2324

The size of North Arm Cove is approximately 48.3 square kilometres. It has 1 park. The population of North Arm Cove in 2011 was 291 people. By 2016 the population was 442 showing a population growth of 51.9% in the area during that time. The predominant age group in North Arm Cove is 60-69 years. Households in North Arm Cove are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Arm Cove work in a professional occupation. In 2011, 75.3% of the homes in North Arm Cove were owner-occupied compared with 72.8% in 2016.

North Arm Cove has 3,056 properties. Over the last 5 years, Houses in North Arm Cove have seen a -85.30% decrease in median value, while Units have seen a 119.26% increase. As at 31 October 2024:

  • The median value for Houses in North Arm Cove is $63,423 while the median value for Units is $560,748.
  • Houses have a median rent of $575.
There are currently 35 properties listed for sale, and no properties listed for rent in North arm cove on OnTheHouse. According to CoreLogic's data, 94 properties were sold in the past 12 months in North arm cove.

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