OFF MARKET

2/24 Ocean Parade
The Entrance NSW 2261

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 106m2
Land area: 13600000m2
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Property Details for 2/24 Ocean Pde, The Entrance

2/24 Ocean Pde, The Entrance is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1987. The property has a land size of 13600000m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Year Built
1987
Floor Size
106m2
Land Size
13600000m2
Local Government
Central Coast
Lot/Plan
2/SP32727

Last Listing description (December 2023)

Secure this prime opportunity as this unit will surely impress as soon as you walk through the door. High ceilings and filtered views of Tuggerah Lake making it ideal for buyers or investors looking for their own piece of the Costal lifestyle. Upon entering you will find an open floor plan design with a large living/dining/kitchen area with sliding doors to bring the outside in.
This is truly an extraordinary opportunity in an extraordinary position.

* Prime investment opportunity
* High ceilings
* Abundance of storage
* North facing
* Quick walk to the beach and shops
* Internal laundry
* Oversized garage
* Plenty of parking including off-street and lockup garage

Council Rates $21.00 Per Week
Water Rates $12.00 Per Week
Strata Rates $68.50 Per Week
Rental Return $380-$400 Per Week


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Property History for 2/24 Ocean Pde, The Entrance, NSW 2261

A timeline of how this property has performed in the market
Last Sold
$552,500
10 Sep 2021
  • 10 Sep 2021
    Sold for $552,500
  • 10 Aug 2021
    Listed for Sale Price Guide $550,000
  • 09 Jul 1999
    Sold for $192,000

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About The Entrance 2261

The size of The Entrance is approximately 1.6 square kilometres. It has 5 parks covering nearly 15.8% of total area. The population of The Entrance in 2011 was 3,872 people. By 2016 the population was 4,020 showing a population growth of 3.8% in the area during that time. The predominant age group in The Entrance is 60-69 years. Households in The Entrance are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in The Entrance work in a professional occupation. In 2011, 32.8% of the homes in The Entrance were owner-occupied compared with 36.5% in 2016.

The Entrance has 4,346 properties. Over the last 5 years, Houses in The Entrance have seen a 72.00% increase in median value, while Units have seen a 45.95% increase. As at 31 July 2024:

  • The median value for Houses in The Entrance is $1,137,693 while the median value for Units is $663,977.
  • Houses have a median rent of $550 while Units have a median rent of $495.
There are currently 51 properties listed for sale, and 29 properties listed for rent in The entrance on OnTheHouse. According to CoreLogic's data, 192 properties were sold in the past 12 months in The entrance.

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