FOR SALE
By Negotiation

5 Central Park Drive
Wollongbar NSW 2477

Bedrooms: 6
Bathrooms: 3
Car spaces: 3
Land area: 2956m2
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Private Oasis, Convenient Location

Situated on an expansive 2956sqm block, a generous home was built with entertaining in mind, with a unique design and original features, this home is sure to impress.
Master built, boasting a brick exterior and a hardwood frame, they don’t build homes of this quality anymore, the home is ready for a new family to add their own touches. The home has 4 large bedrooms plus an office and several living spaces, boasting over 500sqm under roof, plenty of room for the whole family. The home opens to the resort-like entertaining area, overlooking the inground pool, perfect for large gatherings with your loved ones.
If you are looking at something for the extended family or the potential for a rental income, 5 Central Park Drive also features an approved 2-bedroom unit, built to match the main house, independently serviced and a further 115sqm under roof. The potential rental value being roughly $450 per week, you’ll see a return on your investment straight away.
All this on an estimated block valued by the Valuer General of $845,000 on the 1st of July 2022.
Features Include:
- 4 Bedrooms + rumpus room, entry room, formal dining & office
- Stone benched kitchen & 2 original bathrooms
- Fully fenced 9m X 4m inground pool + Pool side Gazebo
- North facing patio with direct bathroom access leading to the pool
- Free-standing double garage + storage
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Property Details for 5 Central Park Dr, Wollongbar

5 Central Park Dr, Wollongbar is a 6 bedroom, 3 bathroom House with 3 parking spaces. The property has a land size of 2956m2. The place is currently for sale with LJ Hooker Alstonville.

Building Type
House
Land Size
2956m2

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About Wollongbar 2477

The size of Wollongbar is approximately 17.8 square kilometres. It has 1 park covering nearly 24.4% of total area. The population of Wollongbar in 2011 was 2,395 people. By 2016 the population was 2,825 showing a population growth of 18.0% in the area during that time. The predominant age group in Wollongbar is 10-19 years. Households in Wollongbar are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wollongbar work in a professional occupation. In 2011, 75.3% of the homes in Wollongbar were owner-occupied compared with 75.1% in 2016.

Wollongbar has 1,653 properties. Over the last 5 years, Houses in Wollongbar have seen a 60.50% increase in median value, while Units have seen a 53.00% increase. As at 31 August 2024:

  • The median value for Houses in Wollongbar is $900,983 while the median value for Units is $597,773.
  • Houses have a median rent of $700 while Units have a median rent of $640.
There are currently 28 properties listed for sale, and 2 properties listed for rent in Wollongbar on OnTheHouse. According to CoreLogic's data, 72 properties were sold in the past 12 months in Wollongbar.

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Tim Jeffery
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LJ Hooker Alstonville
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