OFF MARKET

197 Bay Road
Toowoon Bay NSW 2261

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Land area: 1024m2
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Property Details for 197 Bay Rd, Toowoon Bay

197 Bay Rd, Toowoon Bay is a 4 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 1024m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
House
Land Size
1024m2
Local Government
Central Coast
Lot/Plan
A/DP354760

Last Listing description (May 2022)

Prime, level, easy building, approx 1005m2 lot, zoned R1.

Currently older style but substantive, brick/fibro tile residence, 4 bedrooms plus study and large rumpus room, plus garage/ workshop storage area. Ideal roomy weekender or renovation opportunity, pending redevelopment.

Currently returning $500 per week from long term tenants, that have offered to enter into a new lease, if required.

Renovate, knock down and build your dream home, or re-development opportunity for multiple dwellings such as villas or townhouses (STCA), directly across the road from Toowoon Bay Beach.

Throw away the car keys - This ever popular location is just a stroll across the road to patrolled Toowoon Bay beach and Surf Club cafe, or level walk to Toowoon Bay Village, with its popular cafes, restaurants and shops. Fine dining is available at nearby famous Kim's Beach Retreat.

From a development perspective, this location is highly sought after, and resale is assured.

MUST BE SOLD TO FINALISE ESTATE - ONSITE AND ONLINE BIDDING AVAILABLE - REGISTER YOUR INTEREST BELOW.

https://auctionslive.com/app/bidder-registration/X7px

(E&OE) Please note that all information, herein is gathered from sources we, McLachlan Partners believe to be reliable. Computer images, photos, plans, drawings, maps etc are indicative only. McLachlan Partners cannot guarantee its accuracy and any interested person/s should rely on their own enquiries.

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Property History for 197 Bay Rd, Toowoon Bay, NSW 2261

A timeline of how this property has performed in the market
Last Sold
$2,430,000
30 Apr 2022
Listed for Rent
$430/w
30 Oct 2013
  • 30 Apr 2022
    Sold for $2,430,000
  • 01 Apr 2022
    Listed for Sale Auction Sat 30th Apr 1:00pm
  • 17 Dec 2021
    Sold
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About Toowoon Bay 2261

The size of Toowoon Bay is approximately 0.6 square kilometres. It has 2 parks covering nearly 29.4% of total area. The population of Toowoon Bay in 2011 was 548 people. By 2016 the population was 518 showing a population decline of 5.5% in the area during that time. The predominant age group in Toowoon Bay is 60-69 years. Households in Toowoon Bay are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Toowoon Bay work in a professional occupation. In 2011, 53.1% of the homes in Toowoon Bay were owner-occupied compared with 56.8% in 2016.

Toowoon Bay has 420 properties. Over the last 5 years, Houses in Toowoon Bay have seen a 85.85% increase in median value, while Units have seen a 108.85% increase. As at 30 November 2024:

  • The median value for Houses in Toowoon Bay is $1,425,577 while the median value for Units is $934,964.
  • Houses have a median rent of $613 while Units have a median rent of $450.
There are currently 8 properties listed for sale, and 1 property listed for rent in Toowoon bay on OnTheHouse. According to CoreLogic's data, 22 properties were sold in the past 12 months in Toowoon bay.

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