OFF MARKET

7/20 Connell Street
Old Bar NSW 2430

Bedrooms: 1
Bathrooms: 2
Car spaces: 1
Floor area: 68m2
Land area: 1012m2
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Property Details for 7/20 Connell St, Old Bar

7/20 Connell St, Old Bar is a 1 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 1012m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in July 2019.

Building Type
Unit
Year Built
1989
Floor Size
68m2
Land Size
1012m2
Local Government
Mid-Coast
Lot/Plan
7/SP35652

Last Listing description (August 2019)

Mel Rosamond is pleased to offer 7/20 Connell Street, OLD BAR, a fantastic investment opportunity that is not to be missed. This well-located property represents value for money with your chance to secure a 12 month leased investment in the heart of Old Bar. Located a few streets from the beach in the rapidly expanding Mid Coast region. Home to the Old Bar Beach Festival, the wonderful community event that holds the world record for the most Kombi vans in one location, at one time.

Features include:

+ 2 bedrooms with BIR
+ Brick walls throughout
+ Tidy block of only 7 units
+ Single lock-up garage
+ Additional shared outdoor toilet
+ Shared balcony and tidy common grounds
+ Currently rented for $230 p/w
+ Lease expiry May 2020
+ Body Corporate quarterly fees $586.65
+ Water $329.25 per quarter & land $1349.74 pa
You will need to be quick because this is The ONE. Contact Mel Rosamond on 0401 967 001 to purchase today.

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Property History for 7/20 Connell St, Old Bar, NSW 2430

A timeline of how this property has performed in the market
Last Sold
$208,300
10 Jul 2019
Listed for Rent
$160/w
03 Dec 2010
  • 10 Jul 2019
    Sold for $208,300
  • 09 Jan 2019
    Listed for Sale $218,000
  • 14 Jun 2018
    Listed for Sale Price Guide $250,000
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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.
There are currently 60 properties listed for sale, and 14 properties listed for rent in Old bar on OnTheHouse. According to CoreLogic's data, 151 properties were sold in the past 12 months in Old bar.

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