FOR SALE
$799,000

2901 The Lakes Way
Bungwahl NSW 2423

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 27ac
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Exclusive Waterfront Retreat on 11 Hectares!

Situated on the shores of Smiths Lake, just under an hour north of Newcastle, is this one-of-a-kind property, offered for the very first time.
With the land extending up towards the mountains, the 11.1ha property offers an enviable lifestyle with direct waterfront and ocean access and roughly an equal mix of native wetlands and bush abundant with bird and other wildlife.
The acreage features a charming cape cod style home by the water's edge blending with the natural surrounds yet offering a relaxed country feel combined with river views and ocean sounds. The home is completely livable, with power and NBN connected, however opportunities are endless here with the option to create your own stunning visionary masterpiece.
If living off the grid also appeals, see what this property has to offer!
Features include:
- Sprawling rural lifestyle opportunity set amongst the native bushland, just 20 minutes from Forster and an hour north of Newcastle.
- 11.1 Hectares, NBN, electricity and ample water supply with water tank and town water connected.
- Acres of cleared land with an existing cottage, plus huge shed, slightly elevated to capture the cool water breezes.
- The cottage features two bedrooms, main bathroom, open plan living and dining areas and fully enclosed balcony.
- Sealed road access, approx. 2kms to Bungwahl for all your convenience needs.
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Property Details for 2901 The Lakes Way, Bungwahl

2901 The Lakes Way, Bungwahl is a 2 bedroom, 1 bathroom AcreageSemi-rural with 2 parking spaces. The property has a land size of 27ac. The place is currently for sale with Ray White Forster Tuncurry.

Building Type
AcreageSemi-rural
Land Size
27ac

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About Bungwahl 2423

The size of Bungwahl is approximately 61.6 square kilometres. It has 2 parks covering nearly 35.1% of total area. The population of Bungwahl in 2011 was 253 people. By 2016 the population was 212 showing a population decline of 16.2% in the area during that time. The predominant age group in Bungwahl is 60-69 years. Households in Bungwahl are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bungwahl work in a trades occupation. In 2011, 73.9% of the homes in Bungwahl were owner-occupied compared with 70.2% in 2016.

Bungwahl has 234 properties. Over the last 5 years, Houses in Bungwahl have seen a 19.29% increase in median value. As at 30 September 2024:

  • The median value for Houses in Bungwahl is $722,714 while the median value for Units is $633,294.
There are currently 1 property listed for sale, and no properties listed for rent in Bungwahl on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Bungwahl.

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Zachary Nigro
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Ray White Forster Tuncurry
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