FOR SALE
$860,000

12 Wybalena Crescent
Toormina NSW 2452

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 1005m2
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Prime development opportunity with Council Approved DA for four Townhouses!

Offering easy walking access to Toormina Shopping Centre, Boambee Bay Reserve and only 3 minutes driving distance to Sawtell Village and beaches, this property offers fantastic convenience and rare opportunity for redevelopment.
The property is Zoned 'R3' which allows for up to 1 x dwelling per 200 m2 under current zoning guidelines.
Council Approved Development Details:
The current DA approval has construction certificate drawings finalized to build four: 3-bedroom, two bathroom and one car garage Townhouses, with the master bedroom and ensuite on the ground floor.
Each townhouse has 100 m2 of nett internal area.
A copy of DA & Approved plans and Construction Certificate plans are available upon request.
Current Existing Dwelling.
The property has an existing brick veneer home approximately 140 m2 in size and comprised of 3 generously sized bedrooms, 2 bathrooms and single door, double car garage with workshop space.
The rear yard receives full Northern aspect allowing plenty of natural light into the home and features a large covered outdoor entertainment area spanning the rear of the building.
The existing home would confidently achieve a weekly rental return of $600 - $620 per week and there is exceptionally strong demand for rental properties in this convenient pocket of Toormina.
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Property Details for 12 Wybalena Cres, Toormina

12 Wybalena Cres, Toormina is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1005m2. The place is currently for sale with Sawtell Real Estate Co..

Building Type
House
Land Size
1005m2

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About Toormina 2452

The size of Toormina is approximately 5.4 square kilometres. It has 11 parks covering nearly 16.1% of total area. The population of Toormina in 2011 was 6,075 people. By 2016 the population was 6,208 showing a population growth of 2.2% in the area during that time. The predominant age group in Toormina is 50-59 years. Households in Toormina are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Toormina work in a community and personal service occupation. In 2011, 54.6% of the homes in Toormina were owner-occupied compared with 55.1% in 2016.

Toormina has 3,337 properties. Over the last 5 years, Houses in Toormina have seen a 59.35% increase in median value, while Units have seen a 42.69% increase. As at 31 July 2024:

  • The median value for Houses in Toormina is $720,897 while the median value for Units is $500,366.
  • Houses have a median rent of $595 while Units have a median rent of $440.
There are currently 15 properties listed for sale, and 10 properties listed for rent in Toormina on OnTheHouse. According to CoreLogic's data, 119 properties were sold in the past 12 months in Toormina.

Suburb Insights for Toormina 2452

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Barry France
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Matt France
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Sawtell Real Estate Co.
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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.