1/40 Parkway AvenueBar Beach NSW 2300
Property Details for 1/40 Parkway Ave, Bar Beach
1/40 Parkway Ave, Bar Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1988. The property has a land size of 820m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 2 bedroom Unit sold in Bar Beach in the last 12 months.
Last Listing description (August 2025)
A coveted ground floor beach apartment in an iconic Art Deco building; this is where city vibes blend with surf and sand.
It is hard to imagine a better location on the entire East Coast; where else are you within 10 min of the CBD, 5 min of uber-chic cafes, restaurants and boutiques, and just a 350m stroll to the most island-like swimming spot?
This is where you wake up and run your surfboard down for a morning wave before a yoga class or a coffee overlooking the water. This is where you make friends with your neighbours and toast the sunset on the hill overlooking the ocean.
One of Newcastle's most desired beachside enclaves, this is a must-see for those looking for the perfect Bar Beach opportunity.
Investments like this - where character, location, and potential align - are rare:
- Excellent tenant in place and a rental income of $650 per week.
- High ceilings, picture rails, timber floors and full brick build exude century-old quality.
- Sought-after ground floor apartment which will appeal to retirees or small families in the future.
- Contemporary eat-in kitchen with handy access to the outdoors
- 2 spacious bedrooms, master with air-conditioning and built-in-robe
- Roomy and light-flooded living zone
- Original art deco bathroom with bathtub and pedestal basin.
- Shared laundry and courtyard
Location: Just 350m to Bar Beach, 500m to The Junction Shopping Centre, 800m to Darby Street boutique shopping and dining, less than 1.5km to the CBD.
Lifestyle: Enjoy a morning swim or surf at the beach, before a coffee at Hubro or picking up an acai bowl on the way back home. Weekends you will love doing your groceries at the stunning Cooks Hill Harris Farm (80m) before walking to dinner with friends at Merewhether, Darby Street or The Junction (all within 2km)
Property History for 1/40 Parkway Ave, Bar Beach, NSW 2300
- 01 Aug 2025Sold for $715,000
- 18 Jun 2025Listed for Sale Price Guide $720,000.
- 10 Mar 2025Listed for Rent $650 / week
Recent sales nearby
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About Bar Beach 2300
The size of Bar Beach is approximately 0.5 square kilometres. It has 4 parks covering nearly 33.2% of total area. The population of Bar Beach in 2016 was 1256 people. By 2021 the population was 1292 showing a population growth of 2.9% in the area during that time. The predominant age group in Bar Beach is 20-29 years. Households in Bar Beach are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Bar Beach work in a professional occupation.In 2021, 56.00% of the homes in Bar Beach were owner-occupied compared with 50.70% in 2016.
Bar Beach has 719 properties. Over the last 5 years, Houses in Bar Beach have seen a 41.48% increase in median value, while Units have seen a 38.73% increase. As at 30 November 2025:
- The median value for Houses in Bar Beach is $2,366,884 while the median value for Units is $875,640.
- Houses have a median rent of $655 while Units have a median rent of $633.
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