4/26 Old Bar RoadOld Bar NSW 2430
Property Details for 4/26 Old Bar Rd, Old Bar
4/26 Old Bar Rd, Old Bar is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1992. The property has a land size of 995m2. While the property is not currently for sale or for rent, it was last sold in November 2016.
Last Listing description (November 2016)
A fantastic main street investment opportunity has arrived. Unit 4 at No. 26 Old Bar Road is tucked away at the rear half of a quiet complex comprising of 5 units.
With the convenience of the shops approx. 300m walk and the beach just 500-600m walk away, this great unit will make the perfect holiday unit or retirement option.
The finer details are;
* Functional and tidy kitchen with dining area
* Comfortable lounge room
* Front patio & grassed courtyard
* Single lock up garage
* Almost completely furnished and setup for Holiday Rental
* Healthy Return on Investment in 2015/16
* Permanent rental potential of $260 per week unfurnished
The numbers work, the location works, don't miss an opportunity as good as this.
Property History for 4/26 Old Bar Rd, Old Bar, NSW 2430
- 04 Nov 2016Sold for $240,000
- 09 Sep 2016Listed for Sale $249,000
- 13 Dec 2013Listed for Rent - Price not available
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About Old Bar 2430
The size of Old Bar is approximately 24.4 square kilometres. It has 11 parks covering nearly 26.6% of total area. The population of Old Bar in 2011 was 4,271 people. By 2016 the population was 4,415 showing a population growth of 3.4% in the area during that time. The predominant age group in Old Bar is 60-69 years. Households in Old Bar are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Old Bar work in a professional occupation. In 2011, 66.2% of the homes in Old Bar were owner-occupied compared with 67.8% in 2016.
Old Bar has 3,145 properties. Over the last 5 years, Houses in Old Bar have seen a 55.49% increase in median value, while Units have seen a 57.51% increase. As at 31 October 2024:
- The median value for Houses in Old Bar is $759,925 while the median value for Units is $486,224.
- Houses have a median rent of $580 while Units have a median rent of $450.
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