OFF MARKET

4/48 Nesca Parade
The Hill NSW 2300

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 1065m2
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Property Details for 4/48 Nesca Pde, The Hill

4/48 Nesca Pde, The Hill is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 1065m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in October 2015.

Building Type
Unit
Year Built
1980
Floor Size
80m2
Land Size
1065m2
Local Government
Newcastle
Lot/Plan
4/SP16947

Last Listing description (October 2015)

Bathed in sunlight with a relaxing outlook and glimpses of the iconic ANZAC walk.

A quiet apartment within a small boutique development of just 6 boasts exciting potential for the first home or investment purchaser. The charming complex offers an endless summer lifestyle with the surf, beach baths and cafes - all short moments from the front door.


Showcasing open plan kitchen, living and dining with a sunny outlook from the corner location of the development and balcony with a sought after green outlook of Nesca Park.

Keep as is for the Retro Feel or make your mark on the original kitchen and bathroom to modernise the space.

This unit has proven to be a great investment property achieving a weekly rental return of $380 per week. This could be easily maximised by value adding to the kitchen and bathroom.

A great asset to this property is the internal laundry and internal style access single garage with storage area at the rear.

Water rates: $497.07 per annum
Council rates: $1,124.00 per annum
Strata Fees: $729.55 per quarter
* Approximate figures only

Property History for 4/48 Nesca Pde, The Hill, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$440,000
09 Oct 2015
Listed for Rent
$380/w
30 Sep 2015
  • 09 Oct 2015
    Sold for $440,000
  • 30 Sep 2015
    Listed for Sale OFFERS FROM $420,000
  • 03 Jul 2015
    Listed for Rent - Price not available
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About 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 1,385 properties. Over the last 5 years, Houses in The Hill have seen a 51.91% increase in median value, while Units have seen a 27.37% increase. As at 31 October 2024:

  • The median value for Houses in The Hill is $2,081,644 while the median value for Units is $772,660.
  • Houses have a median rent of $530 while Units have a median rent of $530.
There are currently 2 properties listed for sale, and 5 properties listed for rent in The hill on OnTheHouse. According to CoreLogic's data, 57 properties were sold in the past 12 months in The hill.

Suburb Insights for The Hill 2300

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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.