OFF MARKET

2/5 Minnesota Way
Warners Bay NSW 2282

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 114m2
Land area: 240m2
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Property Details for 2/5 Minnesota Way, Warners Bay

2/5 Minnesota Way, Warners Bay is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 240m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in September 2017.

Building Type
Unit
Year Built
2000
Floor Size
114m2
Land Size
240m2
Local Government
Lake Macquarie
Lot/Plan
2/SP45438

Last Listing description (October 2017)

Constantly sought after yet rarely found, this centrally located villa is as compelling an investment as it is a brilliant first home or downsizing opportunity. Freshly updated interiors boast air-conditioned living spaces, a gas-equipped kitchen, three bedrooms, full bathroom, private courtyard and single garage with extra driveway car space. Enviably located, it rests in a peaceful street with Warners Bay's lively shopping and cafe precinct and beautiful Lake Macquarie and its famed walkways nearby.
* Light-filled villa set in a sought-after Warners Bay location.
* Air-conditioned living domain and modern kitchen.

* Three bedrooms serviced by a central bathroom.
* Private internal courtyard adds instant appeal.
* Plush new carpet and freshly painted throughout.
* Internal laundry; built-in storage; single garage.
* Tailor-made for market newcomers, downsizers or investors.
* Easy access to shops, cafes, shared pathways and the Lake.
Council Rates: $1,476 PA approx
Water Rates: $576 +Usage PA approx
Strata Levies: $1,200 PA approx
Rent Potential: $400 PW approx

Property History for 2/5 Minnesota Way, Warners Bay, NSW 2282

A timeline of how this property has performed in the market
Last Sold
$485,000
19 Sep 2017
Listed for Rent
$350/w
15 Aug 2016
  • 19 Sep 2017
    Sold for $485,000
  • 13 Sep 2017
    Listed for Sale $450,000 - $475,000
  • 22 Oct 2013
    Listed for Rent $330 / week
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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 4,807 properties. Over the last 5 years, Houses in Warners Bay have seen a 65.05% increase in median value, while Units have seen a 44.87% increase. As at 31 July 2024:

  • The median value for Houses in Warners Bay is $969,267 while the median value for Units is $768,779.
  • Houses have a median rent of $650 while Units have a median rent of $580.
There are currently 15 properties listed for sale, and 8 properties listed for rent in Warners bay on OnTheHouse. According to CoreLogic's data, 172 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.