157-159 Pacific HighwayOurimbah NSW 2258
Property Details for 157-159 Pacific Hwy, Ourimbah
157-159 Pacific Hwy, Ourimbah is a 3 bedroom, 2 bathroom House with 8 parking spaces and was built in 1970. The property has a land size of 2430m2 and floor size of 205m2. While the property is not currently for sale or for rent, it was last sold in November 2019.
Last Listing description (December 2022)
If youve been looking for a unique opportunity in a high profile location this is the one! Set on a double size 2430m2 block and zoned R2 (Low Density Residential), a range of versatile options are on offer for a savvy developer or investor (STCA). Currently in place is an existing three bedroom homestead which offers light, bright interiors, a sleek galley kitchen and cosy living room complete with combustion fireplace + an adjoining massive workshop area! The incredible bonus however lies within the future development potential with this zoning lending itself (with STCA / permission) to: secondary dwellings, dual occupancies, healthcare or childcare facilities, home business, neighbourhood shops and more.Ourimbah is a buzzing coastal hub with a great selection of schools and shops and is home to the Ourimbah Campus of The University of Newcastle. Well connected to the rest of the Coast and offering easy access to Sydney / Newcastle via Ourimbah Train Station or the M1 Freeway just minutes away, this is a great place to be if youre looking to be a part of the action or contribute your vision to the community. For further details or to arrange your inspection call Brian Milson today on 0411 381 220.
Property History for 157-159 Pacific Hwy, Ourimbah, NSW 2258
- 29 Nov 2019Sold for $750,000
- 09 Sep 2019Listed for Sale UNDER CONTRACT
- 06 Jan 2018Listed for Rent $550 / week
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About Ourimbah 2258
The size of Ourimbah is approximately 87.4 square kilometres. It has 17 parks covering nearly 104.1% of total area. The population of Ourimbah in 2011 was 4,161 people. By 2016 the population was 3,958 showing a population decline of 4.9% in the area during that time. The predominant age group in Ourimbah is 50-59 years. Households in Ourimbah are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ourimbah work in a professional occupation. In 2011, 73.7% of the homes in Ourimbah were owner-occupied compared with 74.7% in 2016.
Ourimbah has 1,808 properties. Over the last 5 years, Houses in Ourimbah have seen a 54.21% increase in median value, while Units have seen a 43.56% increase. As at 31 October 2024:
- The median value for Houses in Ourimbah is $1,039,539 while the median value for Units is $609,133.
- Houses have a median rent of $650 while Units have a median rent of $540.
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