FOR SALE
Price on request

33 Quinalup Street
Gwandalan NSW 2259

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 817m2
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Dual occupancy with development potential

Situated on an 817sqm corner block, this original single level home and additional studio has the development potential to build torrens title residences or an attached duplex (STCA). Set in a quiet location with a gross rental yield of 5.5% making this an ideal property to land bank and slowly acquire development approvals with no rush.
- Three bedroom main residence with ample yard and garage access
- Large living area with renovated bathroom and huge laundry
- Natural fall to sewer mains which corner around the block, not through it
- Currently returning a rental income of $960 per week
- Separate studio with two bedrooms, single car garage and fenced yard
- In total, five bedrooms and two bathrooms with a split double car lock-up garage
- Rare 817sqm parcel, with an attached duplex on the neighbouring corner block
- An array of pristine local beaches, medical and shopping within a 10 minute drive
- 15 minutes to the M1, 60 minutes to Wahroonga, 45 minutes to Newcastle
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Property Details for 33 Quinalup St, Gwandalan

33 Quinalup St, Gwandalan is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 817m2. The place is currently for sale with McGrath Toukley.

Building Type
House
Land Size
817m2

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About Gwandalan 2259

The size of Gwandalan is approximately 3.2 square kilometres. It has 6 parks covering nearly 11% of total area. The population of Gwandalan in 2011 was 3,034 people. By 2016 the population was 3,268 showing a population growth of 7.7% in the area during that time. The predominant age group in Gwandalan is 60-69 years. Households in Gwandalan are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Gwandalan work in a trades occupation. In 2011, 75.2% of the homes in Gwandalan were owner-occupied compared with 78.3% in 2016.

Gwandalan has 1,830 properties. Over the last 5 years, Houses in Gwandalan have seen a 61.40% increase in median value, while Units have seen a 41.84% increase. As at 31 October 2024:

  • The median value for Houses in Gwandalan is $772,948 while the median value for Units is $579,129.
  • Houses have a median rent of $600.
There are currently 19 properties listed for sale, and 2 properties listed for rent in Gwandalan on OnTheHouse. According to CoreLogic's data, 74 properties were sold in the past 12 months in Gwandalan.

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Mitchell Thomas
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Maddie Thomas
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McGrath Toukley
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