OFF MARKET

9/5 Bay Road
The Entrance NSW 2261

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 1079m2
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Property Details for 9/5 Bay Rd, The Entrance

9/5 Bay Rd, The Entrance is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 1079m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
Unit
Year Built
2005
Land Size
1079m2
Local Government
Central Coast
Lot/Plan
9/SP74188

Last Listing description (January 2021)

If you have been dreaming of purchasing a holiday unit or considering a complete sea change, now is your chance to make it a reality at an affordable price. This neat and tidy unit is located just 3 minutes from the ocean, and just as close to a variety of cafes, restaurants, boutiques, weekly markets and the ocean baths which is one of the areas most popular swimming spots.

Main Features Include:


Ocean views from the balcony and the main bedroom.
Neat and tidy in presentation, modern throughout.
Functional kitchen with quality appliances.
Two modern bathrooms both fitted with quality fittings and fixtures.
Potential to return between $340-$360 per week in rental income, which is more than a 4.5% yield.
Secure undercover car space, with remote access.

DISCLAIMER: This advertisement contains information provided by their parties. While all care is taken to ensure otherwise, The Wiseberry Heritage Group, does not make any representation as to the accuracy of any of the information contained in the advertisement, does not accept any responsibility or liability and recommends that any client make their own investigations and enquiries. All images are indicative of the property only.

Property History for 9/5 Bay Rd, The Entrance, NSW 2261

A timeline of how this property has performed in the market
Last Sold
$420,000
22 Dec 2020
Listed for Rent
$295/w
22 Mar 2010
  • 22 Dec 2020
    Sold for $420,000
  • 21 Dec 2020
    Listed for Sale Contact Agent
  • 30 Apr 2013
    Sold for $299,000
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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 4,330 properties. Over the last 5 years, Houses in The Entrance have seen a 75.44% increase in median value, while Units have seen a 49.99% increase. As at 30 September 2024:

  • The median value for Houses in The Entrance is $1,128,992 while the median value for Units is $660,242.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 53 properties listed for sale, and 19 properties listed for rent in The entrance on OnTheHouse. According to CoreLogic's data, 193 properties were sold in the past 12 months in The entrance.

Suburb Insights for The Entrance 2261

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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.