OFF MARKET

22 Promontory Way
North Arm Cove NSW 2324

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 266m2
Land area: 1328m2
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Property Details for 22 Promontory Way, North Arm Cove

22 Promontory Way, North Arm Cove is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 1328m2 and floor size of 266m2. While the property is not currently for sale or for rent, it was last sold in November 2019.

Building Type
House
Floor Size
266m2
Land Size
1328m2
Local Government
Mid-Coast
Lot/Plan
820/DP9938

Last Listing description (July 2020)

Not just a room with a view, but a double-storey home with separate self-contained living accommodation with a magnificent view of Brackens Bay.
The house has four bedrooms and offers the following features:
- en-suite off main bedroom

- separate bathroom and WC
- timber floors in the living area
- modern kitchen with dishwasher
- RC air conditioning, ceiling fans and SC wood heater,
- a large rear entertainment room perfect for dinner parties
- a car port, single garage and two large water tanks.

In addition there is a self-contained apartment with RC air conditioner, comprising kitchen, lounge, bedroom and large utility area containing shower and toilet great for visitors or extra income! There is excellent TV/mobile phone reception at the property too.

The owner, of this spacious, warm and inviting home has been a member of this vibrant waterside community since 1990.
What attracts people to the area is the peace and tranquility, with the focus for residents being a sense of community with the local hall which has a tennis court and community garden adjacent.
Offering a great view of the waters of Port Stephens from the front verandah and the bush from the rear of the property.

Property History for 22 Promontory Way, North Arm Cove, NSW 2324

A timeline of how this property has performed in the market
Last Sold
$535,000
19 Nov 2019
  • 19 Nov 2019
    Sold for $535,000
  • 15 Jun 2019
    Listed for Sale $540,000 - $550,000 Price Reduction

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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 3,058 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 36 properties listed for sale, and 2 properties listed for rent in North arm cove on OnTheHouse. According to CoreLogic's data, 97 properties were sold in the past 12 months in North arm cove.

Suburb Insights for North Arm Cove 2324

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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.