FOR SALE
$899,000

80 O'Connells Point Road
Wallaga Lake NSW 2546

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 2133m2
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Large Coastal Block - Subdivision Potential or Build a Masterpiece.

Currently there’s an old cottage built in the 1950s on this land, however it’s all about the block size, its views and the location, and the water’s edge directly in front. With a north facing block of 2133m2 including over a 4.5 meter frontage that gently slops towards the lake, this land makes for a perfect subdivision of up to 3 blocks, with council approval. All services for the current cottage are established, and captures north facing views of Wallaga Lake. Whether you're envisioning a spacious family home, a tranquil retreat and studio, or looking to invest in a subdivision and reap the financial rewards of selling one or more of the blocks off after subdividing, this land offers the perfect canvas to bring your vision to life.
Wallaga Lake and the surrounding area of the South Coast is known for great fishing and swimming, tempered weather all year round, pristine beaches and a relaxed laid-back lifestyle, making it an ideal location for nature lovers and outdoor enthusiasts as well. Wallaga Lake has easy access to all the amenities you need in the nearby towns of Bermagui, Cobargo, Tilba or Narooma. A little further is a 45min drive into Bega with its new hospital or an hour to Mourya’s airport.
This block provides endless possibilities for you to create your dreams, contact Dee Cramb today on 0421 748610.
Property Code: 664

Property Details for 80 O'Connells Point Rd, Wallaga Lake

80 O'Connells Point Rd, Wallaga Lake is a 2 bedroom, 1 bathroom House. The property has a land size of 2133m2. The place is currently for sale with Clearwater Real Estate - NAROOMA.

Building Type
House
Land Size
2133m2

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About Wallaga Lake 2546

The size of Wallaga Lake is approximately 12.4 square kilometres. It has 2 parks covering nearly 2.3% of total area. The population of Wallaga Lake in 2011 was 525 people. By 2016 the population was 542 showing a population growth of 3.2% in the area during that time. The predominant age group in Wallaga Lake is 60-69 years. Households in Wallaga Lake are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wallaga Lake work in a professional occupation. In 2011, 76.7% of the homes in Wallaga Lake were owner-occupied compared with 82.9% in 2016.

Wallaga Lake has 448 properties. Over the last 5 years, Houses in Wallaga Lake have seen a 89.55% increase in median value. As at 31 August 2024:

  • The median value for Houses in Wallaga Lake is $894,290 while the median value for Units is $500,201.
  • Houses have a median rent of $300.
There are currently 10 properties listed for sale, and no properties listed for rent in Wallaga lake on OnTheHouse. According to CoreLogic's data, 16 properties were sold in the past 12 months in Wallaga lake.

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Dee Cramb
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Clearwater Real Estate - NAROOMA
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