OFF MARKET

16 Fishing Point Road
Rathmines NSW 2283

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Land area: 585m2
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Last updated 16 Dec 2024
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Property Details for 16 Fishing Point Rd, Rathmines

16 Fishing Point Rd, Rathmines is a 2 bedroom, 2 bathroom House. The property has a land size of 585m2. While the property is not currently for sale or for rent, it was last sold in December 2012.

Building Type
House
Land Size
585m2
Local Government
Lake Macquarie
Lot/Plan
297/DP11537

Last Listing description (December 2012)

LOCATION, HIGH RETURN, LOCATION!
LOW RISK/HIGH RETURN PROPERTY PERFECT FOR MUM AND DAD INVESTORS OR SM SUPERFUND. THE PROPERTIES CURRENT RENTAL OF $546 PER WEEK IS UNDERPINNED BY TWO TENANCIES (UPSTAIRS FLAT $230 PER WEEK -DOWNSTAIRS OFFICE $316 PER WEEK). LOCATED OPPOSITE WATERFRONT RESERVE THE PREMISES ENJOY A GREAT OUTLOOK AND LAKE VIEWS. CHANCE TO BUY AT THE PRICE OF AN AVERAGE HOME WITH DOUBLE THE RETURN. REAL ESTATE INVESTMENT DOESN'T GET ANY BETTER THAN THIS - OWNER BOUGHT ELSEWHERE.

Property History for 16 Fishing Point Rd, Rathmines, NSW 2283

A timeline of how this property has performed in the market
Last Sold
$350,000
20 Dec 2012
Listed for Rent
$220/w
10 Oct 2008
  • 20 Dec 2012
    Sold for $350,000
  • 22 Nov 2012
    Listed for Sale Not Disclosed
  • 27 Aug 2008
    Listed for Rent - Price not available
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About Rathmines 2283

The size of Rathmines is approximately 4.1 square kilometres. It has 11 parks covering nearly 30% of total area. The population of Rathmines in 2011 was 1,940 people. By 2016 the population was 1,895 showing a population decline of 2.3% in the area during that time. The predominant age group in Rathmines is 60-69 years. Households in Rathmines are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rathmines work in a trades occupation. In 2011, 81.9% of the homes in Rathmines were owner-occupied compared with 82.9% in 2016.

Rathmines has 1,058 properties. Over the last 5 years, Houses in Rathmines have seen a 62.07% increase in median value, while Units have seen a 63.39% increase. As at 30 November 2024:

  • The median value for Houses in Rathmines is $835,966 while the median value for Units is $606,954.
  • Houses have a median rent of $650.
There are currently 4 properties listed for sale, and no properties listed for rent in Rathmines on OnTheHouse. According to CoreLogic's data, 46 properties were sold in the past 12 months in Rathmines.

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