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Sold on 02 Mar 2024 for $2,360,000

35 Chuter Avenue
Ramsgate Beach NSW 2217

Bedrooms: 5
Bathrooms: 2
Car spaces: 1
Land area: 604m2
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Property Details for 35 Chuter Ave, Ramsgate Beach

35 Chuter Ave, Ramsgate Beach is a 5 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 604m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 5 bedroom House sold in Ramsgate Beach in the last 12 months.

Building Type
House
Land Size
604m2

Last Listing description (March 2024)

Behind its charming facade and beautifully manicured gardens, this renovated Torrens Title home provides a solid base for investors, multiple family accommodation and owner occupiers seeking further income potential.

Divided into 2 private residences and comprising of 1 x 3 bedroom dwelling to the street and 1 x 2 bedroom dwelling to the rear.

There is also further potential across the level 604sqm of land, with Strata Subdivision - Duplex development. These changes are expected to come into effect under the States proposed CDC subdivision plan later this year and subject to final approval.

The home is only a short walk to Ramsgate Plaza shops, nearby parks, Ramsgate Public School and all lifestyle requirements.

• Current rental income approx. $70,914 per annum
• Both dwellings have recently been renovated
• Flexible floorplan allows for reconfiguration
• Kitchens host granite benchtops, gas cooking
• Bathrooms include separate baths and showers
• Spacious living quarters, timber flooring throughout
• Driveway access and carport to front dwelling
• Walk to popular cafés, dining choices, Coles, IGA
• Surrounded by idyllic beaches, parks and schooling

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Property History for 35 Chuter Ave, Ramsgate Beach, NSW 2217

A timeline of how this property has performed in the market
Last Sold
$2,360,000
02 Mar 2024
Listed for Rent
$495/w
27 Jul 2016
  • 02 Mar 2024
    Sold for $2,360,000
  • 05 Feb 2024
    Listed for Sale Contact Agent
  • 08 Sep 2020
    Listed for Rent - Price not available
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About Ramsgate Beach 2217

The size of Ramsgate Beach is approximately 0.4 square kilometres. It has 5 parks covering nearly 15% of total area. The population of Ramsgate Beach in 2011 was 1,462 people. By 2016 the population was 1,663 showing a population growth of 13.7% in the area during that time. The predominant age group in Ramsgate Beach is 40-49 years. Households in Ramsgate Beach are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ramsgate Beach work in a professional occupation. In 2011, 63.1% of the homes in Ramsgate Beach were owner-occupied compared with 62.1% in 2016.

Ramsgate Beach has 1,321 properties. Over the last 5 years, Houses in Ramsgate Beach have seen a 67.61% increase in median value, while Units have seen a 32.54% increase. As at 30 November 2024:

  • The median value for Houses in Ramsgate Beach is $2,292,555 while the median value for Units is $927,680.
  • Houses have a median rent of $940 while Units have a median rent of $695.
There are currently 3 properties listed for sale, and 7 properties listed for rent in Ramsgate beach on OnTheHouse. According to CoreLogic's data, 50 properties were sold in the past 12 months in Ramsgate beach.

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