SOLD
Sold on 08 Dec 2023 for $593,000

7/197 Albany Street
Point Frederick NSW 2250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 82m2
Land area: 138m2
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Professionals Gosford
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Property Details for 7/197 Albany St, Point Frederick

7/197 Albany St, Point Frederick is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1981. The property has a land size of 138m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Townhouse sold in Point Frederick in the last 12 months.

Building Type
Townhouse
Year Built
1981
Floor Size
82m2
Land Size
138m2
Local Government
Central Coast
Lot/Plan
7/SP17708

Last Listing description (December 2023)

This tidy two-bedroom open plan villa is ready and waiting to be utilised to its maximum potential by a savvy investor, or an owner-occupier who wants to enjoy the convenience of living close to Gosford CBD, located in a quiet complex, the villa is an approximately eight-minute walk to an impressive array of shops, cafes and restaurants, parks and entertainment venues.

Features include:
- Only 12 properties in the complex

- Two bedrooms
- Open plan kitchen, lounge and dining area leading onto a large sunny courtyard
- Electric kitchen with plenty of cupboard space
- Large internal laundry
- Air-conditioned
- Short drive to Gosford railway station or M1 Motorway
- Lock up garage with internal access and electric opener
- Great investment opportunity.

Strata - approximately $987/quarter
Council rates - approximately $279/quarter

THE AREA
With easy access to local amenities, transport and the ocean, it is easy to see why it is called the Central Coast. Capitalise on the picturesque settings Gosford has to offer with easy to maintain apartment style living suitable for families and professionals who wish to capture the water views and bike tracks, this makes Gosford a wonderful place to call home. Add to the natural landscape and use of amenities, schools, shopping and hospitals, and you have got the best of all worlds.

Perfect location close to all amenities, to arrange an inspection please call Lilian on 0424 40 42 40

Whilst all care is taken by Rubicon Developments Pty Ltd (trading as Professionals Gosford) ABN: 33 617 125 970 to provide correct information, this information is not tested for accuracy, currency, or completeness, and Rubicon Developments Pty Ltd (trading as Professionals Gosford) makes no warranty or guarantee, whether expressed or implied as to the accuracy, currency, or completeness of the information and/or any representations made to you. You agree and accept that all information and any representations provided by Rubicon Developments Pty Ltd (trading as Professionals Gosford) shall be strictly construed to be of a general nature only and will not be relied upon by you as a substitute for your proper due diligence. You also accept and further agree that as an express condition of having access to, and use of this information and any representations made, you will make and only rely on your own enquiries and will seek and or obtain your own independent financial and legal advice. To the maximum extent permitted by law, Rubicon Developments Pty Ltd (trading as Professionals Gosford) shall not be liable to you, or any other person for any direct, indirect, or consequential loss or damage of any kind whatsoever caused by the use of, or reliance upon, any information or representations contained herein.

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Property History for 7/197 Albany St, Point Frederick, NSW 2250

A timeline of how this property has performed in the market
Last Sold
$593,000
08 Dec 2023
Listed for Rent
13 Mar 2019
  • 08 Dec 2023
    Sold for $593,000
  • 28 Nov 2023
    Listed for Sale Not Disclosed
  • 15 Aug 2018
    Sold for $464,500
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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 1,480 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 8 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.

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