FOR SALE
AUCTION Price Guide $850,000 - $935,000

4 Lakeview Street
Boolaroo NSW 2284

Bedrooms: 5
Bathrooms: 2
Car spaces: 1
Land area: 809m2
Auction Time
Mon 4 Nov 6:00 pm
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
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TWO Properties, ONE Title – Strong Dual Key Investment Opportunity with 5.84% Rental Yield

Presenting a rare investment opportunity at 4 Lakeview Street, Boolaroo. This dual key property offers excellent returns with two homes on a single title. Located in the heart of Boolaroo, just a stone's throw from Lake Macquarie, it offers a lifestyle of convenience and leisure. The property is ideally positioned close to the lake, with its walking tracks, boating facilities, and picnic spots providing a great outdoor lifestyle. Easy access to local shops, schools, and transport links makes this property attractive to a wide range of tenants.
Front house:
* Three generous bedrooms
* Spacious central lounge room with reverse cycle AC and gas point
* Functional kitchen, separate laundry and toilet with rear access.
* Front sunroom, off the main bedroom could be converted to study area or 2nd bathroom and walk in robe.
* Freshly painted with new carpet, ready for immediate occupancy.
* Market rent $500.00/ week
Rear house:
* Built in 2018, designed with accessibility in mind, featuring level access throughout.
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Property Details for 4 Lakeview St, Boolaroo

4 Lakeview St, Boolaroo is a 5 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 809m2. The place is currently for sale with CENTURY 21 Novocastrian (Newcastle).

Building Type
House
Land Size
809m2

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About Boolaroo 2284

The size of Boolaroo is approximately 2.7 square kilometres. It has 5 parks covering nearly 3.6% of total area. The population of Boolaroo in 2011 was 933 people. By 2016 the population was 1,042 showing a population growth of 11.7% in the area during that time. The predominant age group in Boolaroo is 50-59 years. Households in Boolaroo are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Boolaroo work in a trades occupation. In 2011, 68.9% of the homes in Boolaroo were owner-occupied compared with 67.8% in 2016.

Boolaroo has 1,430 properties. Over the last 5 years, Houses in Boolaroo have seen a 85.96% increase in median value, while Units have seen a 76.65% increase. As at 30 September 2024:

  • The median value for Houses in Boolaroo is $920,244 while the median value for Units is $683,445.
  • Houses have a median rent of $600 while Units have a median rent of $600.
There are currently 16 properties listed for sale, and 4 properties listed for rent in Boolaroo on OnTheHouse. According to CoreLogic's data, 70 properties were sold in the past 12 months in Boolaroo.

Suburb Insights for Boolaroo 2284

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Contact agent
Casey Healey
Show contact details
CENTURY 21 Novocastrian (Newcastle)
Preferred contact:
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.