SOLD
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Sold on 24 Oct 2023 for $480,000

5/7 Shortland Street
Point Frederick NSW 2250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 103m2
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Property Details for 5/7 Shortland St, Point Frederick

5/7 Shortland St, Point Frederick is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom Apartment sold in Point Frederick in the last 12 months.

Building Type
Apartment
Floor Size
103m2
Local Government
Central Coast
Lot/Plan
5/SP74433

Last Listing description (October 2023)

WHY YOU SHOULD BUY THIS HOME:
Just moments from Gosford Waterfront, Tommy's Café and the entire foreshore precinct; this spectacular two-story apartment is bright, modern, trendy and as central as you can get! With surrounding apartments selling in the millions, this property presents incredible value for this location!

FEATURES:

- Clean functional design
- Spacious and desirable floorplan with sunny eastern aspect
- Generous kitchen with stone benchtops, dishwasher and electric cooking
- Good-sized master bedroom with built in wardrobe
- Modest second bedroom with built in wardrobe
- Separate internal laundry + 2nd toilet
- Pleasant colour palette + combination of tiles and carpets throughout
- Sun-drenched balcony with bushy outlook
- Single underground car space within secure garage
- Well-kept security complex
- Off street visitor car spaces
- Short walk to Gosford CBD, Stadium, Train Station and Waterfront

DETAILS:
- Council Rates: $277.00p/Qtr
- Strata Rates: $750.00p/Qtr
- Land/Unit Size: 103m2 Total
- Market Rental: $500.00p/wk
- Aspect: East
- Density: 7 Apartments
- Age: 18 Years - 2005 Built

Disclaimer: This website has been prepared for marketing purposes only and may be subject to change without notice. The information and illustrations contained in this website are indicative only and is not to be construed as advice, a recommendation or an offer for the sale or rent of property. Every care has been taken to verify the accuracy of the information contained in this document, but no warranty (either express or implied) is given by Raine & Horne or its agent, as to the accuracy of the contents. Prospective purchasers and/or tenants should conduct their own investigations into all matters relating to the proposed purchase and/or lease of the property.

Property History for 5/7 Shortland St, Point Frederick, NSW 2250

A timeline of how this property has performed in the market
Last Sold
$480,000
24 Oct 2023
Listed for Rent
$510/w
21 Nov 2023
  • 10 Nov 2023
    Listed for Rent $510 / week
  • 10 Oct 2023
    Sold for $480,000
  • 25 Sep 2023
    Listed for Sale $490,000
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About Point Frederick 2250

The size of Point Frederick is approximately 1.2 square kilometres. It has 5 parks covering nearly 2.3% of total area. The population of Point Frederick in 2011 was 1,771 people. By 2016 the population was 1,922 showing a population growth of 8.5% in the area during that time. The predominant age group in Point Frederick is 50-59 years. Households in Point Frederick are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Point Frederick work in a professional occupation. In 2011, 49.6% of the homes in Point Frederick were owner-occupied compared with 50.9% in 2016.

Point Frederick has 1,481 properties. Over the last 5 years, Houses in Point Frederick have seen a 80.39% increase in median value, while Units have seen a 40.52% increase. As at 30 September 2024:

  • The median value for Houses in Point Frederick is $1,233,470 while the median value for Units is $663,093.
  • Houses have a median rent of $700 while Units have a median rent of $540.
There are currently 10 properties listed for sale, and 4 properties listed for rent in Point frederick on OnTheHouse. According to CoreLogic's data, 76 properties were sold in the past 12 months in Point frederick.

Suburb Insights for Point Frederick 2250

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Contact agent
Blake Dunn
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Sarah King
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Raine & Horne Gosford | East Gosford
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.