FOR SALE
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35 Clarence Street
Lake Munmorah NSW 2259

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Auction Time
Fri 14 Feb 1:00 pm
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1426m2 Approx - Vacant land - Build, Develop or Subdivide STCA

A rare and exciting opportunity in a coveted location, whether you're searching for the ultimate home site, potential to subdivide or a quality development site, this property is brimming with potential.
Ideally situated, you'll love the easy access to national park, surf beaches, waterfront amenities including parks & cycleways. At 1426m approx the large block provides all the space you need to make your dream home a reality, with ample room for a substantial build plus space left over for a workshop, granny flat, campers, boats, gardens and more there isn't a compromise in sight. Utilise the existing in ground pool and double garage or return to a blank slate. Alternatively, explore the obvious potential to add value through subdivision or development STCA. Split into 2 generous blocks or make the most of a site large enough to offer attractive yields.
An exceedingly rare opportunity to secure a site of this calibre, make your move now.
• R1 Zoning
• Easy access to M1 and Pacific Hwy, 1 hr to Wahroongah & 50 mins to Newcastle approx
• Blue chip home site or prime development opportunity
• Sought after location, park opposite, beaches, boating, waterfront and more all within easy reach
• Relatively level site, reserve at rear
Outgoings:
Land Rates: Approx $1,605 per annum
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Property Details for 35 Clarence St, Lake Munmorah

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Land

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About Lake Munmorah 2259

The size of Lake Munmorah is approximately 5.6 square kilometres. It has 15 parks covering nearly 18.8% of total area. The population of Lake Munmorah in 2011 was 4,802 people. By 2016 the population was 5,241 showing a population growth of 9.1% in the area during that time. The predominant age group in Lake Munmorah is 70-79 years. Households in Lake Munmorah are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lake Munmorah work in a trades occupation. In 2011, 78.8% of the homes in Lake Munmorah were owner-occupied compared with 79.8% in 2016.

Lake Munmorah has 2,528 properties. Over the last 5 years, Houses in Lake Munmorah have seen a 61.63% increase in median value, while Units have seen a -37.08% decrease. As at 30 November 2024:

  • The median value for Houses in Lake Munmorah is $771,750 while the median value for Units is $407,846.
  • Houses have a median rent of $570.
There are currently 28 properties listed for sale, and 3 properties listed for rent in Lake munmorah on OnTheHouse. According to CoreLogic's data, 104 properties were sold in the past 12 months in Lake munmorah.

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Adam Hilder
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Ray White Thompson Partners
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