5/88 Rajah RoadOcean Shores NSW 2483
Property Details for 5/88 Rajah Rd, Ocean Shores
5/88 Rajah Rd, Ocean Shores is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 974m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in September 2022.
Last Listing description (September 2022)
This is a fantastic opportunity to enter the market. They say timing is everything and it feels like theres no better time than now to secure a solid investment with great long-term prospects in a market which is fundamentally undersupplied.
An ideal foot in the door for first home buyers, this entry level 3rd floor apartment is in a great location just a few hundred metres from local shopping including Kmart and a large Coles supermarket. The proportions are generous and for those looking to add their own style, theres lots of value you can add. Currently empty and ready for new owners or tenants.
Property Code: 1153
Property History for 5/88 Rajah Rd, Ocean Shores, NSW 2483
- 12 Sep 2022Sold for $500,000
- 13 Jul 2022Listed for Sale $560,000
- 17 Oct 2013Sold for $260,000
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About Ocean Shores 2483
The size of Ocean Shores is approximately 13.2 square kilometres. It has 14 parks covering nearly 55% of total area. The population of Ocean Shores in 2011 was 4,869 people. By 2016 the population was 5,143 showing a population growth of 5.6% in the area during that time. The predominant age group in Ocean Shores is 50-59 years. Households in Ocean Shores are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ocean Shores work in a professional occupation. In 2011, 69% of the homes in Ocean Shores were owner-occupied compared with 70.1% in 2016.
Ocean Shores has 2,856 properties. Over the last 5 years, Houses in Ocean Shores have seen a 51.22% increase in median value, while Units have seen a 48.46% increase. As at 31 July 2024:
- The median value for Houses in Ocean Shores is $1,209,335 while the median value for Units is $839,974.
- Houses have a median rent of $850 while Units have a median rent of $590.
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