SOLD
Sold on 14 Feb 2024 for $480,000

1/17 Hope Street
Red Head NSW 2430

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 94m2
Land area: 619m2
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Property Details for 1/17 Hope St, Red Head

1/17 Hope St, Red Head is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 619m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Red Head in the last 12 months.

Building Type
Unit
Year Built
2000
Floor Size
94m2
Land Size
619m2
Local Government
Mid-Coast
Lot/Plan
1/SP63339

Last Listing description (May 2014)

Outstanding Investment !!!
??? Currently rented for $240 p/wk.
??? Approx 200m walk to Black Head Beach.

??? Strata title with only two properties.
??? The option of a long term tenant.
??? Low maintenance.
??? Complete with single lock up garage.
??? Spacious bedrooms with built ins.
??? Good size kitchen with plenty of storage.
??? Great place to live, raise a family, holiday, retire or INVEST!

Property History for 1/17 Hope St, Red Head, NSW 2430

A timeline of how this property has performed in the market
Last Sold
$480,000
14 Feb 2024
Listed for Rent
$230/w
20 Oct 2011
  • 14 Feb 2024
    Sold for $480,000
  • 30 Jan 2017
    Sold for $280,000
  • 30 May 2014
    Sold for $212,000
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About Red Head 2430

The size of Red Head is approximately 2.6 square kilometres. The population of Red Head in 2011 was 395 people. By 2016 the population was 508 showing a population growth of 28.6% in the area during that time. The predominant age group in Red Head is 60-69 years. Households in Red Head are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Red Head work in a professional occupation. In 2011, 79.8% of the homes in Red Head were owner-occupied compared with 83% in 2016.

Red Head has 760 properties. Over the last 5 years, Houses in Red Head have seen a 67.28% increase in median value, while Units have seen a 68.02% increase. As at 30 November 2024:

  • The median value for Houses in Red Head is $961,964 while the median value for Units is $625,290.
  • Houses have a median rent of $623.
There are currently 29 properties listed for sale, and 1 property listed for rent in Red head on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Red head.

Suburb Insights for Red Head 2430

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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.