8 Bayview St, Northwood is a 6 bedroom, 4 bathroom House with 2 parking spaces and was built in 2013. The property has a land size of 787m2 and floor size of 414m2. While the property is not currently for sale or for rent, it was last sold in November 2012.
UNDERCAPITALISED - 777sqm Land
Holding a commanding position in an incomparably exclusive location with water views, this original 1940s classic double brick home has been held by the same family for the last 4 decades. Set in a cul-de-sac, this property presents a superb opportunity to renovate or redevelop in this prized waterside location.
Endless possibilities to capitalise & profit
The size of Northwood is approximately 0.4 square kilometres. It has 5 parks covering nearly 12.9% of total area. The population of Northwood in 2011 was 907 people. By 2016 the population was 966 showing a population growth of 6.5% in the area during that time. The predominant age group in Northwood is 50-59 years. Households in Northwood are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Northwood work in a professional occupation. In 2011, 87.6% of the homes in Northwood were owner-occupied compared with 87.3% in 2016.
Northwood has 356 properties. Over the last 5 years, Houses in Northwood have seen a 61.11% increase in median value, while Units have seen a 41.31% increase. As at 30 September 2024:
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