5/86 Memorial Drive, Bar Beach, NSW 2300 | Property Value & History | OnTheHouse
OFF MARKET

5/86 Memorial Drive
Bar Beach NSW 2300

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 5/86 Memorial Dr, Bar Beach

5/86 Memorial Dr, Bar Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1963. While the property is not currently for sale or for rent, it was last sold in May 2025.

Building Type
Unit
Year Built
1963
Local Government
Newcastle
Lot/Plan
5/SP469

Last Listing description (March 2021)

Two Bedroom Unit with Ocean Views is Ripe for Renovation

First floor positioned to the rear of this beachside block of just six apartments, this easy breezy 2 bedder makes an inspired choice for investors and homeowners whose top priority is blue chip positioning with a relaxed coastal lifestyle on the doorstep. Interiors are well proportioned with a living space and balcony to harness the sea breeze, ocean views and nightly sunsets. In mostly original condition throughout, potential abounds for keen renovators to make this place their own. The sensational location is what really makes this apartment special. Grab your towel and surfboard and cross the road to Bar Beach, stroll the Anzac Memorial walk or wander to The Junction or Darby Street for coffee, shopping and dining.

- First floor apartment in beachside complex of only six
- Living area connects to balcony with ocean and sunset views

- Two airy bedrooms, main appointed with built-in robe
- Tidy kitchen appointed with an electric stove
- Thoroughly retro bathroom; own laundry in garage
- Only two apartments use the stairwell that connects to a shared double garage
- Easycare coastal lifestyle opposite Bar beach and footsteps to Cooks Hill surf club
- Easy access to Darby Street, King Edward Park and Newcastle CBD
- Currently returning $420 per week on current lease until September 2021

Property History for 5/86 Memorial Dr, Bar Beach, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$1,000,000
01 May 2025
  • 12 Mar 2021
    Sold - Price Undisclosed
  • 02 Dec 2020
    Listed for Sale $630,000 - $650,000
  • 18 May 2020
    Listed for Sale $690,000
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About Bar Beach 2300

The size of Bar Beach is approximately 0.5 square kilometres. There are 4 parks, covering nearly 33.2% of the 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 722 properties. Over the last 5 years, Houses in Bar Beach have seen a 24.01% increase in median value, while Units have seen a 37.88% increase. As at 31 May 2026:

  • The median value for Houses in Bar Beach is $2,382,662 while the median value for Units is $961,143.
  • Houses have a median rent of $1,250 while Units have a median rent of $650.
There are currently 2 properties listed for sale, and 1 property listed for rent in Bar beach on OnTheHouse. According to Cotality's data, 22 properties were sold in the past 12 months in Bar beach.

Suburb Insights for Bar Beach 2300

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.