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8/298 Park Ave, Kotara NSW 2289

Kotara Unit
Last sold $750,000 1 Sep 2026
Technical details
Title reference8/SP58753
Zoning2
Nature of propertyResidence
Primary purposeResidence
Valuation district008
Property ID245607

How this sale compares

Sold for $750,000 in Sep 2026, up $400,000 (114%) on the $350,000 paid in Nov 2021. That is about 17.1% a year over 4.8 years.

Over the same period the median unit price in Kotara rose 23%, from $692,500 in 2021 to $850,000 in 2026.

The 2026 sale was 12% below the Kotara median unit price for that year ($850,000 across 11 sales).

Kotara medians use NSW Valuer General sales of $50,000 or more, leaving out part-interest transfers and contracts covering several properties, and need at least 10 sales in the period. See Kotara sold prices by year.

Rent and yield

Units in postcode 2289 rented for a median $585 a week, from 141 bonds lodged Oct 2025 to Sep 2026.

On its last sale of $750,000 on 1 Sep 2026, that rent is a gross yield of 4.1% a year, before costs and vacancies.

Median weekly rents from residential rental bonds lodged with NSW Fair Trading, by postcode. This home's own rent may differ. See rents by bedrooms in Kotara.

Planning controls

Zone
R2 Low Density Residential
Minimum lot size
400 m² For subdividing the whole site, not one unit
Maximum building height
8.5 m
Floor space ratio
0.75:1 Floor area allowed for each square metre of site

From the Newcastle Local Environmental Plan 2012 maps on the NSW Planning Portal, looked up at this address's map point on 22 Oct 2026. A control can cover only part of a site and plans change, so the council's planning certificate is the formal record. Planning data from the NSW Department of Planning, Housing and Infrastructure, CC BY 4.0.

Sale history

Sold is the contract date, when the sale was agreed. Settled is the date ownership transferred.

Beds Baths Cars Title reference
1 Sep 2026 22 Sep 2026 $750,000 - - - 8/SP58753
1 Nov 2021 29 Nov 2021 $350,000 - - - 8/SP58753
$750,000 Sold 1 Sep 2026
Settled22 Sep 2026
Beds-
Baths-
Cars-

Title reference: 8/SP58753

$350,000 Sold 1 Nov 2021
Settled29 Nov 2021
Beds-
Baths-
Cars-

Title reference: 8/SP58753

Other sales at 298 Park Ave

The most recent sales of other units in this building. See every sale in the building.

Beds Baths Cars Title reference
3 4 Oct 2023 15 Nov 2023 $554,000 - - - 3/SP58753
7 31 Mar 2023 3 May 2023 $576,000

Property features as at 25 March 2019. If the property has been renovated or altered, features may be different for sales before or after this date.

2 1 1 7/SP58753
4 26 Apr 2021 7 Jun 2021 $515,000 - - - 4/SP58753
6 16 Aug 2019 13 Sep 2019 $355,000 - - - 6/SP58753
1 20 Mar 2018 10 May 2018 $409,000 - - - 1/SP58753
3 5 Jul 2016 19 Aug 2016 $370,000 - - - 3/SP58753
$554,000 Sold 4 Oct 2023
Unit3
Settled15 Nov 2023
Beds-
Baths-
Cars-

Title reference: 3/SP58753

$576,000 Sold 31 Mar 2023
Unit7
Settled3 May 2023
Beds2
Baths1
Cars1

Property features as at 25 March 2019. If the property has been renovated or altered, features may be different for sales before or after this date.

Title reference: 7/SP58753

$515,000 Sold 26 Apr 2021
Unit4
Settled7 Jun 2021
Beds-
Baths-
Cars-

Title reference: 4/SP58753

$355,000 Sold 16 Aug 2019
Unit6
Settled13 Sep 2019
Beds-
Baths-
Cars-

Title reference: 6/SP58753

$409,000 Sold 20 Mar 2018
Unit1
Settled10 May 2018
Beds-
Baths-
Cars-

Title reference: 1/SP58753

$370,000 Sold 5 Jul 2016
Unit3
Settled19 Aug 2016
Beds-
Baths-
Cars-

Title reference: 3/SP58753

Recent sales on Park Ave

Sold in the last two years.

Recent sales nearby

Sold in the last 12 months within about 400 metres.

See all sold prices in Kotara

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