OFF MARKET

3 Fourth Avenue
Sawtell NSW 2452

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Floor area: 101m2
Land area: 506m2
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Property Details for 3 Fourth Ave, Sawtell

3 Fourth Ave, Sawtell is a 4 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 506m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Year Built
1950
Floor Size
101m2
Land Size
506m2
Local Government
Coffs Harbour
Lot/Plan
3/22/DP19181

Last Listing description (March 2024)

Situated just 200m walk to Sawtell Surf Club and 150m to the main street, this tightly held property offers a wonderful opportunity to secure a prime location with fantastic convenience to everything Sawtell Village has to offer.

Just moments to a wide range of excellent cafes, restaurants, and clubs, and just a short walk to the beach, locations such as this seldom enter the market and this property has been held by the current family for over 46 years.

Featuring both street frontage and rear lane access, the block itself is 505m2 in size and offers a near flat, easy to traverse parcel. The existing home is a traditional coastal fibro cottage, offering four bedrooms, one bathroom and a single lockup garage. Mostly original internally and externally, the home itself has great potential for renovation, as seen with neighbouring properties, or presents a rare opportunity for redevelopment due to its R3 zoning.

R3 zoning (medium density residential) could allow for development of modern townhouses or units subject to council approval. Based on council guidelines, the parcel has potential for multiple Townhouses/Units under a strata configuration with scope for vehicle access via both the street frontage and rear laneway (Johnston Lane).

Overall, its prime location offers attractive potential for holiday letting, especially if modernised or redeveloped, while also presenting a wonderful opportunity to create your very own dream Sawtell home in the very heart of the village.

Contact Barry France on 0407 301 404 for further information or to book a private inspection.

Council Rates: $4,821 per annum
Land Size: 505m2
Zoning: R3 (medium density residential)
Estimated Rental Return: $600 per week.

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Property History for 3 Fourth Ave, Sawtell, NSW 2452

A timeline of how this property has performed in the market
Last Sold
$1,170,000
08 Aug 2023
  • 08 Aug 2023
    Sold for $1,170,000
  • 12 May 2023
    Listed for Sale $1,380,000 - $1,410,000

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About Sawtell 2452

The size of Sawtell is approximately 3.7 square kilometres. It has 12 parks covering nearly 49.6% of total area. The population of Sawtell in 2011 was 3,490 people. By 2016 the population was 3,694 showing a population growth of 5.8% in the area during that time. The predominant age group in Sawtell is 60-69 years. Households in Sawtell are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sawtell work in a professional occupation. In 2011, 60.3% of the homes in Sawtell were owner-occupied compared with 63.7% in 2016.

Sawtell has 2,287 properties. Over the last 5 years, Houses in Sawtell have seen a 58.15% increase in median value, while Units have seen a 35.07% increase. As at 30 September 2024:

  • The median value for Houses in Sawtell is $836,604 while the median value for Units is $628,265.
  • Houses have a median rent of $580 while Units have a median rent of $480.
There are currently 29 properties listed for sale, and 3 properties listed for rent in Sawtell on OnTheHouse. According to CoreLogic's data, 68 properties were sold in the past 12 months in Sawtell.

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