8/116-120 Ramsgate RoadRamsgate NSW 2217
Property Details for 8/116-120 Ramsgate Rd, Ramsgate
8/116-120 Ramsgate Rd, Ramsgate is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1964. The property has a land size of 1453m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Last Listing description (September 2023)
Located on the border of Ramsgate Beach just 500 metres (approx) from the water, this two-bedroom convenient ground floor unit with only one common wall presents a sought-after lifestyle opportunity and a fantastic entry point for the first home buyer or investor.
* High ceilings throughout
* Freshly painted
* Two bedrooms
* Good-sized original bathroom
* Huge oversized lock-up garage
* Walk to local schools, cafes, restaurants, city bound buses and the sandy beaches of Botany Bay
* 200 metres to the park, Ramsgate RSL club and Ramsgate Beach shopping strip
* Ideal opportunity to renovate and add value in a prized lifestyle near the beach
* Motivated vendor
Property History for 8/116-120 Ramsgate Rd, Ramsgate, NSW 2217
- 21 Jun 2023Sold for $554,000
- 05 Dec 2022Listed for Sale PRICE $569,000
- 15 Jul 2022Listed for Sale PRICE $599,000
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About Ramsgate 2217
The size of Ramsgate is approximately 0.4 square kilometres. It has 5 parks covering nearly 33.1% of total area. The population of Ramsgate in 2011 was 903 people. By 2016 the population was 1,106 showing a population growth of 22.5% in the area during that time. The predominant age group in Ramsgate is 40-49 years. Households in Ramsgate are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Ramsgate work in a professional occupation. In 2011, 75.9% of the homes in Ramsgate were owner-occupied compared with 68.4% in 2016.
Ramsgate has 865 properties. Over the last 5 years, Houses in Ramsgate have seen a 62.51% increase in median value, while Units have seen a 24.76% increase. As at 30 November 2024:
- The median value for Houses in Ramsgate is $2,100,451 while the median value for Units is $856,860.
- Houses have a median rent of $820 while Units have a median rent of $650.
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