OFF MARKET

4 Banksia Street
Sussex Inlet NSW 2540

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 75m2
Land area: 972m2
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Property Details for 4 Banksia St, Sussex Inlet

4 Banksia St, Sussex Inlet is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 972m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
House
Year Built
1970
Floor Size
75m2
Land Size
972m2
Local Government
Shoalhaven
Lot/Plan
31/DP20164

Last Listing description (October 2021)

Centrally located on a large, flat block of 973.77 square metres is this modest two bedroom cottage, offering you a number of possibilities.
Currently tenanted, the home features open plan living, two bedrooms, a good sized bathroom plus sunroom. A free standing double garage and easy side access to the rest of the yard makes storing your caravan and/or boat easy.

For a smart investor or small developer this block fits the requirements for dual occupancy opportunities, subject to council approval. Or if your looking for a retirement plan, continue to rent and when you are ready, knock down and rebuild your dream home and take advantage of the close proximity to the CBD and river!
There is a high demand for properties with opportunities like this, so call today to arrange an inspection. (Please note: this home is currently tenanted, so viewings must be arranged in advance).

Property History for 4 Banksia St, Sussex Inlet, NSW 2540

A timeline of how this property has performed in the market
Last Sold
$506,000
06 Aug 2021
  • 06 Aug 2021
    Sold for $506,000
  • 08 Jul 2021
    Listed for Sale $480,000 - $520,000
  • 17 Feb 2009
    Sold for $240,000
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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 3,933 properties. Over the last 5 years, Houses in Sussex Inlet have seen a 61.33% increase in median value, while Units have seen a 25.28% increase. As at 31 July 2024:

  • The median value for Houses in Sussex Inlet is $761,962 while the median value for Units is $460,920.
  • Houses have a median rent of $650 while Units have a median rent of $500.
There are currently 49 properties listed for sale, and 18 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.

Suburb Insights for Sussex Inlet 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.