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Sold on 20 Mar 2024 for $950,000

7 Sanctuary Point Road
Sanctuary Point NSW 2540

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 605m2
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Property Details for 7 Sanctuary Point Rd, Sanctuary Point

7 Sanctuary Point Rd, Sanctuary Point is a 0 bedroom, 0 bathroom House. The property has a land size of 605m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 0 bedroom House sold in Sanctuary Point in the last 12 months.

Building Type
House
Land Size
605m2
Local Government
Shoalhaven
Lot/Plan
2000/DP500583

Last Listing description (March 2024)

7 Sanctuary Road has been the home of the old Isons Hardware store for years and this massive block is ready & waiting for a new life. This unique property now zoned residential beckons a visionary to embrace & build a new future.

With the adjacent available block for sale this would be the perfect spot for a ground-breaking development in the heart of a coastal neighbourhood.

Key Features include:

- zoned R2 low density residential
- generous 1803 SQM land
- opportunity to buy adjoining vacant block (1 Sanctuary Point Rd at 727 sqm)
- huge corner block
- remarkable street frontage on a busy main street
- close proximity to Sanctuary Point shops
- rare opportunity
- existing shedding & warehouse

Location Features include:
- 800m from Sanctuary Point shopping village (2 min drive)
- 1.1km to St Georges Basin Country Club (2 min drive)
- 2.3km to Palm Beach (4 min drive)
- 5.8km to Vincentia Marketplace (7 min drive)
- 9.4km to Huskisson (12 min drive)
- 850m to Sanctuary Point Public School

A rare opportunity like this one doesn't come along often. Capitalize now to embark on a journey to revitalise this location.

Property History for 7 Sanctuary Point Rd, Sanctuary Point, NSW 2540

A timeline of how this property has performed in the market
Last Sold
$950,000
20 Mar 2024
  • 20 Mar 2024
    Sold for $950,000
  • 19 Dec 2023
    Listed for Sale Not Disclosed
  • 12 Sep 1991
    Sold for $185,000

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About Sanctuary Point 2540

The size of Sanctuary Point is approximately 5.9 square kilometres. It has 20 parks covering nearly 18.3% of total area. The population of Sanctuary Point in 2011 was 6,611 people. By 2016 the population was 7,224 showing a population growth of 9.3% in the area during that time. The predominant age group in Sanctuary Point is 60-69 years. Households in Sanctuary Point are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Sanctuary Point work in a trades occupation. In 2011, 69.7% of the homes in Sanctuary Point were owner-occupied compared with 69.4% in 2016.

Sanctuary Point has 4,940 properties. Over the last 5 years, Houses in Sanctuary Point have seen a 68.86% increase in median value, while Units have seen a 44.83% increase. As at 31 July 2024:

  • The median value for Houses in Sanctuary Point is $690,273 while the median value for Units is $539,174.
  • Houses have a median rent of $500 while Units have a median rent of $435.
There are currently 70 properties listed for sale, and 27 properties listed for rent in Sanctuary point on OnTheHouse. According to CoreLogic's data, 207 properties were sold in the past 12 months in Sanctuary point.

Suburb Insights for Sanctuary Point 2540

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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.