Back 1/16 Nesca Parade
Off Market

1/16 Nesca Parade

The Hill NSW 2300

1
1
1
0 m²
Unit
Last sold for $305,000
George RaftyGeorge Rafty, last sold this property on 10 December 2017 after 95 days on market.

Overview

Beach and Cafe Lifestyle On Your Doorstep

Whether you're enjoying coffee, lunch or dinner on Darby Street or the sand and surf of nearby Bar Beach, this bright and breezy ground-floor residence delivers on location and promises a relaxed, carefree lifestyle. Its functional, easycare layout is highlighted by a crisp and fresh neutral colour palette and floating timber floors across a robed bedroom, gas-equipped kitchen and tidy bathroom. Move-in ready now, it's sure to catch the eye of first homebuyers and property investors. - On ground floor of quiet complex of just eight on corner of a cul-de-sac street - Light-filled, crisp interiors with floating floors - Functional kitchen equipped with gas cooker - Restful bedroom with built-in robe - Functional bathroom with shower - Dedicated covered parking spot, communal laundry shared by 2 units, but with separately metered power - Easy stroll to Nesca and King Edward Park and a choice of beaches and eateries - Amazing investment property with approximate rental returns of $650 per week on short stays, or $110 per night on AirBnB - Approximate return for permanent ongoing tenancy $275 - $295 per week - Strata Fees are approximately $1912 per year - Council Rates are approximately $1152 per year - Water Rates are approximately $620 per year

Features

1 bedroom
1 bathroom
1 carspace
0 m² lot size
Unit

Estimated Value

Based on this property and similar 1 bedroom units sold in The Hill over the last 12 months, the estimated median property value of 1/16 Nesca Parade is $331.25k.

Median value
$331.25k
Estimated value range
$331.25k - $488.5k
Median days on market
23
Estimated value trend
-39%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in The Hill. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/16 Nesca Parade

2024
Rented
Undisclosed
Leased on 02 May 2024 by Ray White Newcastle Lake Macquarie
2022
Rented
Undisclosed
Leased on 12 Dec 2022 by Ray White Newcastle Lake Macquarie
2022
Rented
Undisclosed
Leased on 19 May 2022 by Ray White Newcastle Lake Macquarie

Happy sellers in The Hill

68%
68% of sellers in The Hill reported that their sale price either exceeded or met their price expectations.

The Hill stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 11 reviews in The Hill over the last 12 months.

Local market activity for 1 bedroom units in The Hill

In the last 12 months, 8 one-bedroom units similar to 1/16 Nesca Parade, have been sold.

This represents a 300% decrease in one-bedroom units sales when compared to the previous 12 months.

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