5/50 Magnus Street, Nelson Bay, NSW 2315 sold on 14 February 2025 | OnTheHouse
SOLD
Sold on 14 Feb 2025 for $940,000

5/50 Magnus Street
Nelson Bay NSW 2315

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 73m2
Land area: 161m2
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Property Details for 5/50 Magnus St, Nelson Bay

5/50 Magnus St, Nelson Bay is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1983. The property has a land size of 161m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in February 2025. There are other 2 bedroom Unit sold in Nelson Bay in the last 12 months.

Building Type
Unit
Year Built
1983
Floor Size
73m2
Land Size
161m2
Local Government
Port Stephens
Lot/Plan
5/SP20879

Last Listing description (March 2025)

AUCTION DETAILS
When | Friday 14th February at 5:30pm
Where | PRD Office - 4 Central Avenue, Salamander Bay

Whether you are looking to bid, researching the market or just curious to watch please feel free to join us!
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Discover the perfect coastal retreat where comfort, convenience, and breath-taking water views come together in this beautifully presented, 2-bedroom unit.

Perfectly situated in a prime location, this fully furnished apartment has been thoughtfully designed to impress. The heart of the unit features a spacious open-plan living area with light-coloured tiles throughout, creating a bright and airy atmosphere. Ceiling fans are installed throughout for added comfort. Large windows and sliding glass doors open onto a generously sized balcony, filling the living space with natural light and offering an uninterrupted view of the serene waterfront scenery. Whether it's a peaceful morning coffee or an evening with friends, this space offers the perfect setting for any occasion.

The kitchen is both functional and stylish, equipped with an electric cooktop, oven, microwave, and dishwasher, making it ideal for everyday cooking and entertaining. The open-plan layout ensures the kitchen, dining, and lounge areas flow seamlessly, providing a spacious and inviting atmosphere.

The two generously sized bedrooms feature built-in wardrobes and plenty of storage. The bathroom includes both a bath and shower, providing versatility and convenience for all your needs. Adding to the property's practicality is the inclusion of an internal laundry room, offering privacy and ease of use. With two secure car spaces, this unit also offers peace of mind in a highly sought-after location.

Ready for immediate enjoyment or investment, this turnkey property is ideal for investors, downsizers, or holidaymakers seeking a stress-free coastal escape.

Features -

- 2 spacious bedrooms with built-in wardrobes and ample storage
- 2 x single lock up garage
- Fully furnished, ready for you to move straight in or rent out
- Open-plan living area with light-coloured tiles and ceiling fans throughout
- Kitchen with electric cooktop, oven, microwave, and dishwasher for convenience
- Seamless flow between kitchen, dining, and lounge areas
- Bathroom with bath, shower, toilet, vanity
- Internal laundry room for added convenience.
- Large windows and sliding glass doors leading to a generous balcony with stunning water views facing Fly Point Beach
- Prime coastal location, just minutes from Nelson Bay CBD, shops, restaurants, and beaches
- Ready to move in or rent out immediately.
- Ideal for investors, downsizers, or holidaymakers

Don't miss your chance to own this slice of paradise, where comfort, convenience, and stunning coastal living come together.

Please contact Dane Queenan on 0412 351 819 or Erin Sharp on 0400 560 067 to arrange your own private appointment or to receive a full information package including recent sales, strata report, contract for sale and rental appraisals.

Disclaimer:
All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Some of our properties are marketed from time to time without a price guide at the vendors request. This website may have filtered the property into a price bracket for website functionality purposes. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing. https://www.prd.com.au/portstephens/privacy-terms-conditions/

Property History for 5/50 Magnus St, Nelson Bay, NSW 2315

A timeline of how this property has performed in the market
Last Sold
$940,000
14 Feb 2025
  • 14 Feb 2025
    Sold for $940,000
  • 11 Dec 2024
    Listed for Sale AUCTION - 14th February
  • 13 Mar 1989
    Sold for $306,000
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About Nelson Bay 2315

The size of Nelson Bay is approximately 15.8 square kilometres. It has 24 parks covering nearly 56.0% of 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 6,107 properties. Over the last 5 years, Houses in Nelson Bay have seen a 70.89% increase in median value, while Units have seen a 54.02% increase. As at 30 November 2025:

  • The median value for Houses in Nelson Bay is $1,169,734 while the median value for Units is $702,264.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 84 properties listed for sale, and 12 properties listed for rent in Nelson bay on OnTheHouse. According to Cotality's data, 246 properties were sold in the past 12 months in Nelson bay.

Suburb Insights for Nelson Bay 2315

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Contact agent
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Dane Queenan
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Erin Sharp
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PRD Real Estate Port Stephens
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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.