3/278A Park Avenue, Kotara, NSW 2289 sold on 28 May 2026 | OnTheHouse
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Sold on 28 May 2026 for $881,000

3/278A Park Avenue
Kotara NSW 2289

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 203m2
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Property Details for 3/278a Park Ave, Kotara

3/278a Park Ave, Kotara is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces. The property has a land size of 203m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 3 bedroom Townhouse sold in Kotara in the last 12 months.

Building Type
Townhouse
Land Size
203m2

Last Listing description (May 2026)

Auction Location: 2/16 Telford Street, Newcastle East & Live via Buy.Realtair.com

Set 50 metres back from Park Avenue in a quiet complex of just three, this townhouse delivers the best of Kotara's location with none of the road noise. Positioned at the rear of the complex, privacy isn't an afterthought. It's the design.

Built by a local developer with a reputation for serious fit-out, the home is now approximately three years young and presents with the polish to prove it. Hybrid flooring runs through the ground level, high ceilings lift every room, and ducted air conditioning covers both floors.

The open plan living and kitchen zone is genuinely spacious, not aspirationally described. A standout feature at this price point: a downstairs bedroom with ensuite and plush carpet, complemented by a powder room for guests. Step outside to a private grassed courtyard that's low maintenance, self-contained, and genuinely usable.

Upstairs, a second living area creates the separation that families need and investors know buyers pay for. Two further bedrooms and a main bathroom complete the level. A floorplan that functions for a growing household or performs for a rental portfolio.

With all three townhouses held under the same ownership, strata levies are kept to the bare minimum covering building insurance only. Each dwelling is self-maintained. For an investor, that's a material difference to the bottom line.

The numbers make sense. The lifestyle does too.

Outgoings:

Council rates - $1,824 p.a. approx.*
Water rates - $855 p.a. approx.*
Current Rental Return $790 Per Week

This property is being sold under the Friendly Auction System.

An independent pest & building report is available on request at no charge to you. This is the type of report your solicitor would usually recommend purchasing before bidding at an auction or before making an unconditional offer prior to auction and are conducted by a panel of reputable companies. The companies have consented to friendly auction terms and will generally be happy to speak to you about your queries in reports and in most cases transfer the reports into your name if you are the successful buyer at auction or prior to auction.

Flexible deposit and settlement conditions are also available by negotiation with the agent if required.

Offers can also be made prior to auction and each offer will be assessed on its merits.

Bid and buy with confidence in this consumer driven, transparent auction system that was pioneered here in Newcastle but is now in use across Australia. We also have a downloadable guide available on our website.

Disclaimer:
All information provided by Presence Real Estate in the promotion of a property for either sale or lease has been gathered from various third-party sources that we believe to be reliable. However, Presence Real Estate cannot guarantee its accuracy, and we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements in the information provided. Prospective purchasers and renters are advised to carry out their own investigations and rely on their own inquiries. All images, measurements, diagrams, renderings and data are indicative and for illustrative purposes only and are subject to change. The information provided by Presence Real Estate is general in nature and does not take into account the individual circumstances of the person or persons objective financial situation or needs.

Property History for 3/278a Park Ave, Kotara, NSW 2289

A timeline of how this property has performed in the market
Last Sold
$881,000
28 May 2026
  • 28 May 2026
    Sold for $881,000
  • 07 May 2026
    Listed for Sale $800,000 - $880,000 Friendly Auction
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About Kotara 2289

The size of Kotara is approximately 2.6 square kilometres. There are 18 parks, covering nearly 20.1% of the 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 1,904 properties. Over the last 5 years, Houses in Kotara have seen a 42.52% increase in median value, while Units have seen a 39.49% increase. As at 30 June 2026:

  • The median value for Houses in Kotara is $1,116,784 while the median value for Units is $879,518.
  • Houses have a median rent of $780 while Units have a median rent of $800.
There are currently 15 properties listed for sale, and 1 property listed for rent in Kotara on OnTheHouse. According to Cotality's data, 81 properties were sold in the past 12 months in Kotara.

Suburb Insights for Kotara 2289

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Gabrielle Coleman
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Nathan Walsh
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Presence Newcastle, Lake Macquarie, Central Coast & Hunter
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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.