3/118 Government RoadNelson Bay NSW 2315
Property Details for 3/118 Government Rd, Nelson Bay
3/118 Government Rd, Nelson Bay is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 55640m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in December 2024.
Last Listing description (August 2019)
Located a short stroll from the CBD and marina is this unique styled unit. Features include two bedrooms and 2 living areas with the light filled North facing sunroom offering views of the Bay. The owners requires a quick sale to move on another project and has priced the unit accordingly. An excellent tenant is in place so you can start earning an income from this property from day 1. Huge renovation potential and it even has its own fully enclosed back yard. Properties like this are rarely offered for sale so don't delay your inspection as buyers are lining up to get into this section of the market.
Property History for 3/118 Government Rd, Nelson Bay, NSW 2315
- 04 Dec 2024Sold for $500,000
- 15 Aug 2019Sold for $321,500
- 19 Dec 2018Listed for Sale $370,000
Recent sales nearby
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0About 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 6,124 properties. Over the last 5 years, Houses in Nelson Bay have seen a 31.49% increase in median value, while Units have seen a 31.51% increase. As at 31 July 2026:
- The median value for Houses in Nelson Bay is $1,146,712 while the median value for Units is $742,300.
- Houses have a median rent of $700 while Units have a median rent of $580.
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