35 Banks Dr, Shell Cove is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 2001. The property has a land size of 637m2. While the property is not currently for sale or for rent, it was last sold in December 2020.
This solid single level family home provides an amazing opportunity to get into the Shell Cove property market. Homes at this price point rarely present themselves in the popular suburb of Shell Cove. The home is an ideal investment opportunity or first family home. Take advantage of the historically low interest rates, this is absolutely your opportunity to get into the property market if you haven't already. The location within Shell Cove is central to both the Marina Waterfront Precinct and the Farm Beach and only a 1 minute walk to Shell Cove Public School.
The property is currently configured as four bedrooms, The fourth room could be used as a games room, teenagers retreat or inlaw accommodation. The property features two large open living spaces, two bathrooms and a double garage and the backyard provides a large open area ideal for young families. This home provides unlimited opportunity for renovation for a first home buyer, or more simply a quick clever update on a few key features to place on the rental market at approximately $600 - $620 per week.
The enclave of Shell Cove is a family friendly community that offers everything within only a short walk or drive, including Shellharbour Village, the Marina development, Killalea State Park, the Farm beach, Shell Cove Primary School and local Shopping Centre and Movie Precinct. Shellharbour Junction Train Station is just down the road, 8 minutes away is Kiama, 15 minutes to Jamberoo Action Park and a 90 minute drive to Sydney. The new Shellharbour Airport is also only a short drive away in Albion Park.
The size of Shell Cove is approximately 10.1 square kilometres. It has 23 parks covering nearly 50.8% of total area. The population of Shell Cove in 2011 was 4,029 people. By 2016 the population was 5,619 showing a population growth of 39.5% in the area during that time. The predominant age group in Shell Cove is 10-19 years. Households in Shell Cove are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Shell Cove work in a professional occupation. In 2011, 82.7% of the homes in Shell Cove were owner-occupied compared with 83.5% in 2016.
Shell Cove has 3,518 properties. Over the last 5 years, Houses in Shell Cove have seen a 59.04% increase in median value, while Units have seen a 88.89% increase. As at 31 October 2024:
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