OFF MARKET

2 Driftwood Avenue
Sussex Inlet NSW 2540

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 60m2
Land area: 620m2
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Last updated 14 Oct 2024
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Property Details for 2 Driftwood Ave, Sussex Inlet

2 Driftwood Ave, Sussex Inlet is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1971. The property has a land size of 620m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in June 2019.

Building Type
House
Year Built
1971
Floor Size
60m2
Land Size
620m2
Local Government
Shoalhaven
Lot/Plan
74/DP226342

Last Listing description (June 2020)

An opportunity awaiting here at 2 Driftwood Avenue, Sussex Inlet. This dual income duplex property which features 2 x two bedroom units both with open plan kitchen dining & lounge.

Light & airy filled lounge rooms complimented by the aspect of the building, an upright stove, range-hood & sink in the kitchens. Bathrooms include a vanity, shower & WC. With an electric hot water service, units are separately metered and have dual access with a garage located at the rear for the back unit.

Both currently leased, front unit paying $220 per week, the rear unit $250 per week with a potential to return up to $500 per week in the current market. Both tenants looking to stay on long term, this one is a prime real estate investment in a growing seaside suburb!

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Property History for 2 Driftwood Ave, Sussex Inlet, NSW 2540

A timeline of how this property has performed in the market
Last Sold
$405,000
28 Jun 2019
  • 28 Jun 2019
    Sold for $405,000
  • 19 Nov 2018
    Listed for Sale $470,000
  • 20 Jun 2003
    Sold for $264,000
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About Sussex Inlet 2540

The size of Sussex Inlet is approximately 36.7 square kilometres. It has 22 parks covering nearly 9.3% of total area. The population of Sussex Inlet in 2011 was 3,570 people. By 2016 the population was 3,561 showing a population decline of 0.3% in the area during that time. The predominant age group in Sussex Inlet is 60-69 years. Households in Sussex Inlet are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Sussex Inlet work in a trades occupation. In 2011, 72.8% of the homes in Sussex Inlet were owner-occupied compared with 75.4% in 2016.

Sussex Inlet has 3,931 properties. Over the last 5 years, Houses in Sussex Inlet have seen a 60.47% increase in median value, while Units have seen a 25.46% increase. As at 30 September 2024:

  • The median value for Houses in Sussex Inlet is $757,202 while the median value for Units is $432,721.
  • Houses have a median rent of $550 while Units have a median rent of $410.
There are currently 53 properties listed for sale, and 22 properties listed for rent in Sussex inlet on OnTheHouse. According to CoreLogic's data, 133 properties were sold in the past 12 months in Sussex inlet.

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