SOLD
Sold on 23 Jul 2024 for $1,350,000

116 Myles Avenue
Warners Bay NSW 2282

Bedrooms: 6
Bathrooms: 2
Car spaces: -
Floor area: 91m2
Land area: 645m2
Sold By
Belle Property Hunter Region
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Property Details for 116 Myles Ave, Warners Bay

116 Myles Ave, Warners Bay is a 6 bedroom, 2 bathroom House and was built in 1998. The property has a land size of 645m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 6 bedroom House sold in Warners Bay in the last 12 months.

Building Type
House
Year Built
1998
Floor Size
91m2
Land Size
645m2
Local Government
Lake Macquarie
Lot/Plan
222/DP841489

Last Listing description (October 2024)

Identical in their layout, these two side-by-side homes are a rare find in duplex living. Add a prized Warners Bay location into the mix and here you have an exceptional buying opportunity for investors. Timeless in design and easycare in nature, both of these dwellings include three bedrooms, a combined living/dining area, and a lock-up single garage. Neat kitchens sit at the centre of each layout and a three-way bathroom services each home.

Offering up to $1300 per week as a combined rental return, young buyers could also take the option of living and upgrading one while renting the other. Located on a peaceful cul-de-sac, this stellar address will have you sipping your latte or shopping for goodies in no time at all with Warners Bay's dynamic CBD 2300m down the road.

- Two attached single-level duplex homes to be sold as a single investment
- Big living/dining rooms with AC and featuring north-facing bay windows
- Large u-shaped gas kitchens offering plentiful storage and prep areas
- Three robed bedrooms and a three-way bathroom in each home
- Wide driveway providing off-street parking plus lock-up single garages
- Solid brick construction with a tiled roof and low-maintenance backyard
- Five minute drive to Charlestown, less to the lake and waterside dining
- A clever choice for extended families, or a great return for investors
- Expected $620-$650 per week rental return for each dwelling

Property History for 116 Myles Ave, Warners Bay, NSW 2282

A timeline of how this property has performed in the market
Last Sold
$1,350,000
23 Jul 2024
Listed for Rent
$400/w
12 Jul 2018
  • 23 Jul 2024
    Sold for $1,350,000
  • 17 May 2024
    Listed for Sale Contact Agent
  • 28 Oct 2021
    Sold
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About Warners Bay 2282

The size of Warners Bay is approximately 5.9 square kilometres. It has 15 parks covering nearly 5.3% of total area. The population of Warners Bay in 2011 was 7,455 people. By 2016 the population was 7,611 showing a population growth of 2.1% in the area during that time. The predominant age group in Warners Bay is 40-49 years. Households in Warners Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Warners Bay work in a professional occupation. In 2011, 72.7% of the homes in Warners Bay were owner-occupied compared with 73.4% in 2016.

Warners Bay has 4,758 properties. Over the last 5 years, Houses in Warners Bay have seen a 65.04% increase in median value, while Units have seen a 48.86% increase. As at 31 October 2024:

  • The median value for Houses in Warners Bay is $991,636 while the median value for Units is $787,820.
  • Houses have a median rent of $620 while Units have a median rent of $628.
There are currently 19 properties listed for sale, and 16 properties listed for rent in Warners bay on OnTheHouse. According to CoreLogic's data, 163 properties were sold in the past 12 months in Warners bay.

Suburb Insights for Warners Bay 2282

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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.