20/51 Shoal Bay RoadShoal Bay NSW 2315
Property Details for 20/51 Shoal Bay Rd, Shoal Bay
20/51 Shoal Bay Rd, Shoal Bay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974. The property has a land size of 94m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in Shoal Bay in the last 12 months.
Last Listing description (April 2023)
This fully furnished 2 bedroom top level unit located right on the Shoal Bay foreshore offers an absolutely stunning view of Port Stephens.
The close proximity to everything that is Shoal Bay makes this location the envy of many. For the first time in over thirty years this property is available for purchase, the current owners have thoroughly enjoyed summer vacations here, majestic sunrises, fantastic dining at local restaurants and cafes all within a short stroll. The kids can walk across the road to swim, fish or paddle all within sight of the adults soaking up the sun on the verandah, as far as locations go in Shoal Bay this has to be one of the best.
The 2 bedroom unit offers a open design with easy access to the verandah, the go to spot for entertainment. Both bedrooms feature large built in wardrobes complimented by spacious views across the bay. The unit features a contemporary bath and toilet, the kitchen offers a spacious area to entertain, complete with serving bar, for those nights when eating in is the preferred option. The unit comes complete with a secure single car space in the underground car park.
The unit has been a very successful short rental investment over its life. With current expectations of rental income to be approx. $30K p.a. in the first year with incomes increasing the following years with re-bookings and new enquiries. If the unit was to be renovated and modern furniture placed, then income upwards of $50K income would be possible. A short rental appraisal is attached.
Recent Sales in the Bay Village
Unit 17 - $1.1mil
Unit 3 - $925K
Neither of these have the extensive view that this unit provides
Locations such as these rarely come to market, this a must see. For more information call Andrew Pritchard on 0417 068 327.
Property History for 20/51 Shoal Bay Rd, Shoal Bay, NSW 2315
- 27 Dec 2023Sold
- 31 Mar 2022Listed for Sale $1,200,000
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0About Shoal Bay 2315
The size of Shoal Bay is approximately 4 square kilometres. It has 7 parks covering nearly 68.3% of total area. The population of Shoal Bay in 2011 was 1,837 people. By 2016 the population was 1,859 showing a population growth of 1.2% in the area during that time. The predominant age group in Shoal Bay is 60-69 years. Households in Shoal Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Shoal Bay work in a trades occupation. In 2011, 50.7% of the homes in Shoal Bay were owner-occupied compared with 59.9% in 2016.
Shoal Bay has 2,016 properties. Over the last 5 years, Houses in Shoal Bay have seen a 81.43% increase in median value, while Units have seen a 31.20% increase. As at 31 July 2024:
- The median value for Houses in Shoal Bay is $1,032,567 while the median value for Units is $555,215.
- Houses have a median rent of $580 while Units have a median rent of $450.
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