2/9 Carrabeen Drive Old Bar NSW 2430

2 / 1 / 1 / -

Here you can find what you need to know about 2/9 Carrabeen Drive , including how much it's approximately worth, a history of what it has previously sold for and even the estimated weekly rent. You can also view comparable house and unit for sale and sold prices, information about Old Bar, NSW and much more.

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2/9 Carrabeen Drive Estimated Value

$450,000 - $500,000

Medium confidence estimate
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Last Sale details unavailable

This calculation is an estimate of weekly mortgage repayments using the estimated property value and a 20% deposit over a 30 year term. The interest rate applied is the average of the big 4 bank's Standard Variable Rates. This tool is only a guide of what your weekly mortgage repayments might be and does not take into account your personal circumstances such as your borrowing power, the lender's home loan product features, the term of any mortgage and does not include all applicable fees and charges that might be applied if you purchase a property. Your actual weekly mortgage repayments may be different. Before acting on this calculation you should seek professional advice.
Estimated Rent	Estimate Unavailable
Gross Cashflow	Unavailable
Estimated Gross Yield	Unavailable
Natural Hazard Risk	Upgrade to Premium

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Pros & Cons

Things to like

Above market cashflow potential
Cheaper than comparable properties
Low risk of losing value

Things to look out for

Slower growth than market average

Investment Strategy Scores

No Investor Scores available for this property

About this Property

Details

Bedrooms	2
Bathrooms	1
Car Spaces	1
Land Size	-
Floor Area	84 m²
House Type	Unit: Standard

Council Area	Mid-Coast
Year Built	1992
Zone	n/a
Lot/Plan	Old Bar NSW
Property Type	Unit

Property Timeline

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Neighbourhood

Suburb Insights

Old Bar, NSW 2430

Part of: Mid-Coast Council

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Old Bar, NSW 2430

Part of: Mid-Coast Council No data available

The size of Old Bar is approximately 24.4 square kilometres. It has 11 parks covering nearly 26.6% of total area. The population of Old Bar in 2011 was 4,271 people. By 2016 the population was 4,415 showing a population growth of 3.4% in the area during that time. The predominant age group in Old Bar is 60-69 years. Households in Old Bar are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Old Bar work in a professional occupation. In 2011, 66.2% of the homes in Old Bar were owner-occupied compared with 67.8% in 2016. (source: Australian Bureau of Statistics)

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Old Bar, NSW 2430

Part of: Mid-Coast Council No data available

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246 km

Distance from Sydney CBD

Population

5 year population change

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Old Bar for Units in last 12 months

Last 12 months in Old Bar NSW 2430 View Suburb Profile

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$486K Median Value
29 Properties sold
$450pw Median Rent
4.9% Median Gross Yield
80 Average Days on Market
-4.3% Average Vendor Discount
-9.2% Median Sale Price Change (1yr)

There have been 29 Units sold in Old Bar in the past 12 months with a median sale price of $495K, down 9.2% annually. It takes on average 80 days to sell with vendor discounting of -4.3%.

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Contains property sales information provided under licence from the Valuer General New South Wales. RP Data Pty Ltd trading as CoreLogic Asia Pacific is authorised as a Property Sales Information provider by the Valuer General New South Wales.

Natural Hazard Risk

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it is not based on any site-specific geological or engineering investigation at the relevant property;
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Risk Rating Definitions

The following Risk Ratings are generated from a mathematical model using available statistical and property data and must not be relied upon as an accurate forecast of coastal erosion risk:

Very High Risk : Risk of gradual coastal erosion reaching dwelling within 30 years and/or very high risk of significant storm surge impact.
High Risk : Risk of gradual coastal erosion reaching dwelling within 60 years and/or high risk of significant storm surge impact.
Medium Risk : Risk of gradual coastal erosion reaching dwelling within 120 years and/or medium risk of significant storm surge impact.
Low Risk : Risk of gradual coastal erosion reaching dwelling within 240 years and/or low risk of significant storm surge impact.
No Risk : Gradual coastal erosion likely to reach dwelling in more than 240 years OR no rate of retreat (stable coastline) and distance from coast and/or elevation above maximum expected storm surge height.

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