310/312-314 Park Ave, Kotara is a 9 bedroom, 4 bathroom House with 6 parking spaces. The property has a land size of 2848m2.
The attractiveness of Newcastle as a lifestyle hub has seen unprecedented growth in the construction of new apartments and townhouses in the last few years.
This level block of three adjoining properties on a combined 2848sqm with approximate 46.5m frontage and zoned R2 Low Density Residential represents a unique and tantalizing opportunity to acquire a prime site for builder and developers to deliver a defining multi-unit development (STCA) in one of the citys most popular locations.
Just nine kilometres from the CBD and impressively positioned at the gateway to the Newcastle city bypass, the site offers momentary access to the John Hunter Hospital, Lake Macquarie, Charlestown CBD and two of Newcastle and the Hunter Regions biggest shopping and entertainment destinations at Charlestown Square and Westfield Kotara.
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:
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