3/1 Mosbri CrescentThe Hill NSW 2300
Property Details for 3/1 Mosbri Cres, The Hill
3/1 Mosbri Cres, The Hill is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 514m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
Last Listing description (May 2021)
Perfectly positioned within a short drive to Newcastle Beach and Bar Beach with a surf and cafe culture, also just moments from Darby Street, this light-filled unit is fabulously placed for the astute investor or first home buyers.
An open plan living, dining & kitchen zone, two generous bedrooms, an original bathroom and enhanced by an undercover car space with extra parking, its feel-good interiors are ready to enjoy while still leaving some scope to upgrade and add value. Promising a lifestyle of carefree convenience, this is a superb market entry property or outstanding investment.
- Light and airy open plan interiors
- Both bedrooms are good size with built-in robe to master
- Stroll to beaches, King Edward Park and Darby Street
- Low strata levies and small complex of 4 units.
- Land zoning recently upgraded to R3 medium density for future potential expansion (STCA)
- Superb first home or investment
Outgoings:
Water: $486 pa + usage
Council: $1260 pa
Strata: $2000 pa
For more contact patrick@street.net.au
Property History for 3/1 Mosbri Cres, The Hill, NSW 2300
- 04 May 2021Sold for $520,000
- 14 Apr 2021Listed for Sale $485,000 - $520,000
- 17 Jan 2020Listed for Sale $485,000
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0About The Hill 2300
The size of The Hill is approximately 0.6 square kilometres. It has 9 parks covering nearly 25.7% of total area. The population of The Hill in 2011 was 1,716 people. By 2016 the population was 1,940 showing a population growth of 13.1% in the area during that time. The predominant age group in The Hill is 20-29 years. Households in The Hill are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in The Hill work in a professional occupation. In 2011, 46.9% of the homes in The Hill were owner-occupied compared with 44.7% in 2016.
The Hill has 1,417 properties. Over the last 5 years, Houses in The Hill have seen a 59.77% increase in median value, while Units have seen a 32.98% increase. As at 31 August 2024:
- The median value for Houses in The Hill is $2,120,763 while the median value for Units is $787,902.
- Houses have a median rent of $480 while Units have a median rent of $500.
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