2/94 Magnus Street, Nelson Bay, NSW 2315 | Property Value & History | OnTheHouse
OFF MARKET

2/94 Magnus Street
Nelson Bay NSW 2315

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 49m2
Land area: 65m2
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Property Details for 2/94 Magnus St, Nelson Bay

2/94 Magnus St, Nelson Bay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 65m2 and floor size of 49m2. While the property is not currently for sale or for rent, it was last sold in June 2024.

Building Type
Unit
Year Built
1975
Floor Size
49m2
Land Size
65m2
Local Government
Port Stephens
Lot/Plan
2/SP10064

Last Listing description (October 2024)

This charming two-bedroom unit in a prime seaside location, offering a blend of vintage allure and modern amenities. Nestled within an older-style block of only five residences, the unit features a simple interior with a water view, creating a relaxed and appealing atmosphere.

The enclosed porch overlooks the water, adding to the charm of the space, while the open-plan living area promotes a sense of openness and light. Additionally, the unit includes a shared laundry facility and a dedicated car space, though the parking has low clearance.

Located just 50 meters from Nelson Bay's shops, restaurants, cafes, marina, and the beach, the property is ideal for those looking for convenience and proximity to leisure activities.

Water usage is included in the rent, but tenants will need to arrange their own Wi-Fi. Unfortunately, pets are not allowed.

Property History for 2/94 Magnus St, Nelson Bay, NSW 2315

A timeline of how this property has performed in the market
Last Sold
$450,000
04 Jun 2024
Listed for Rent
$295/w
08 Jan 2020
  • 12 Sep 2024
    Listed for Rent $395 / week
  • 04 Jun 2024
    Sold for $450,000
  • 23 Apr 2024
    Listed for Sale $455,000
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About Nelson Bay 2315

The size of Nelson Bay is approximately 15.8 square kilometres. There are 24 parks, covering nearly 56.0% of the total area. The population of Nelson Bay in 2016 was 5820 people. By 2021 the population was 6141 showing a population growth of 5.5% in the area during that time. The predominant age group in Nelson Bay is 60-69 years. Households in Nelson Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nelson Bay work in a professional occupation.In 2021, 66.60% of the homes in Nelson Bay were owner-occupied compared with 63.60% in 2016.

Nelson Bay has 6,116 properties. Over the last 5 years, Houses in Nelson Bay have seen a 52.32% increase in median value, while Units have seen a 47.58% increase. As at 31 May 2026:

  • The median value for Houses in Nelson Bay is $1,275,317 while the median value for Units is $763,813.
  • Houses have a median rent of $700 while Units have a median rent of $580.
There are currently 72 properties listed for sale, and 13 properties listed for rent in Nelson bay on OnTheHouse. According to Cotality's data, 273 properties were sold in the past 12 months in Nelson bay.

Suburb Insights for Nelson Bay 2315

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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.