159 Park Avenue, Kotara, NSW 2289 sold on 20 March 2026 | OnTheHouse
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Sold on 20 Mar 2026 for $955,000

159 Park Avenue
Kotara NSW 2289

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Floor area: 104m2
Land area: 556m2
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Property Details for 159 Park Ave, Kotara

159 Park Ave, Kotara is a 4 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 556m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 4 bedroom House sold in Kotara in the last 12 months.

Building Type
House
Floor Size
104m2
Land Size
556m2

Last Listing description (March 2026)

A cracking opportunity in a well-connected suburb, this solid-as-a-rock four-bedroom gem is a haven of well-maintained retro style and is waiting for its new owner to unleash their creative stamp. Placed on over 550sqm of level land, there is also opportunity for developers to consider a multi-dwelling project (STCA) or for investors to purchase a set-and-forget property to add to their portfolio.

Offering ready to enjoy comfort, you could easily modernise the home, adding a fresh lick of paint here and there, and updating the window coverings for a stylish new look at little expense. A kitchen and bathroom renovation down the track would further enhance the home but are not immediately essential. Polished floorboards adorn most of the home with a couple of carpeted areas that would benefit from a refresh. The yard has plenty of room for play equipment for the kids, includes garden sheds for storage, and has space for the green thumb to potter.

A location within the regions largest shopping hub takes this property up another notch, and it is easily accessible to every essential. Within a 3km radius (or less) find: Westfield Kotara, Charlestown Square, Kotara Station, Joslin Street shops, Kotara Homemakers Centre and a choice of excellent schools.

- Brick-built home on a level 550sqm+ block with lock-up single garage
- Inviting living room features AC, polished timber floors and a capped fireplace
- Enclosed corner sunroom ready for reinvention as an office/play room
- Neat gas kitchen and bathroom, both retro in style but fully functional
- Four bedrooms- three large, one small - with the main boasting a BIR
- Secure backyard with established lawn to keep kids and pets happy
- Abundant scope to renovate and flip, rent out, develop or update over time
- 15 minute drive to Newcastle CBD, local beaches and world-class dining
- Be quick to inspect, this is a home that will draw plenty of attention

Council Rates: $2,500 Per Annum
Water Rates: $754.23 Per Annum
Rental Estimate: $700 - $750 per week.

Disclaimer:
We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.

Property History for 159 Park Ave, Kotara, NSW 2289

A timeline of how this property has performed in the market
Last Sold
$955,000
20 Mar 2026
Listed for Rent
$250/w
20 Jan 2006
  • 20 Mar 2026
    Sold for $955,000
  • 06 Mar 2026
    Listed for Sale Contact Agent
  • 28 Jul 2008
    Sold for $285,000
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About Kotara 2289

The size of Kotara is approximately 2.6 square kilometres. It has 18 parks covering nearly 20.1% of total area. The population of Kotara in 2016 was 3929 people. By 2021 the population was 3980 showing a population growth of 1.3% in the area during that time. The predominant age group in Kotara is 40-49 years. Households in Kotara are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kotara work in a professional occupation.In 2021, 77.60% of the homes in Kotara were owner-occupied compared with 80.90% in 2016.

Kotara has 1,902 properties. Over the last 5 years, Houses in Kotara have seen a 54.56% increase in median value, while Units have seen a 48.49% increase. As at 30 April 2026:

  • The median value for Houses in Kotara is $1,146,541 while the median value for Units is $882,082.
  • Houses have a median rent of $775 while Units have a median rent of $790.
There are currently 12 properties listed for sale, and 3 properties listed for rent in Kotara on OnTheHouse. According to Cotality's data, 83 properties were sold in the past 12 months in Kotara.

Suburb Insights for Kotara 2289

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Matthew Nelson
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TaylorHedley Property
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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.