7 David StreetOld Bar NSW 2430
Property Details for 7 David St, Old Bar
7 David St, Old Bar is a 1 bedroom, 1 bathroom House. The property has a land size of 1030m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Last Listing description (November 2022)
Calling all developers and investors! This huge 1,012sqm corner block boasts a fantastic location just a 350m walk to the town centre, and just 500m to the main beach (approximate walking distances).
With the potential for multi-residential development under the current zoning, this would make a fantastic site for townhouses or villas (all development is subject to council approval).
* Fantastic central location close to beach and shops
* Near level 1,012sqm corner block
* Old shack with power, water and sewer connected to the site
* Growing coastal village with high demand for rentals
* Currently leased privately generating an income to help cover outgoings
The last time this property sold it was hotly contested so don't be the one to miss the opportunity this time round. Call Adam Stevenson on 0409 607 967 to find out more.
Property History for 7 David St, Old Bar, NSW 2430
- 13 Oct 2022Sold for $730,000
- 16 Aug 2022Listed for Sale Price Guide $785,000
- 22 Jun 2016Sold for $370,000
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0About 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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