FOR SALE
GUIDE $1,300,000

37 Karakunba Road
Wyee NSW 2259

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2.6ha
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Rare Land Opportunity in Wyee West Paper Subdivision - First Time On The Market In Over 60 Years!

Presenting a unique opportunity to secure a prime landholding in the Wyee West Paper Subdivision. This timbered block spans 12 lots with C2 Zoning & 9 lots zoned R2, offering limitless potential for those with vision. Bordered by Bushells Ridge Road to the south, Dillabirra Road to the west, and Karakunba to the north, this expansive property is ripe for future development (STCA) or as a valuable land bank investment.
This land sits within the Wyee Paper Subdivision and is not connected to essential services, so development cannot currently proceed. Timelines for the construction of essential services are unknown. Interested buyers are encouraged to contact Lake Macquarie City Council as part of their due diligence. For the latest project updates, please visit shape.lakemac.com.au/wyee-paper.
With land opportunities like this becoming rarer, now is the time to seize this chance. Whether you're planning a future development or holding for future gains, the possibilities are endless.
Location Highlights:
- 1.1km approx to Wyee Train Station
- 2km approx to local shopping village
- 2.1km approx to the local public school
- 10km approx to Freeway Interchange
To discuss if this is the right opportunity for you, please contact the friendly sales team at George Brand Real Estate Wyee on (02) 4357 1237.
Don't miss out-opportunities like this don't present often
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Property Details for 37 Karakunba Rd, Wyee

Building Type
Land
Land Size
2.6ha

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About Wyee 2259

The size of Wyee is approximately 50.1 square kilometres. It has 15 parks covering nearly 9.5% of total area. The population of Wyee in 2011 was 2,587 people. By 2016 the population was 2,424 showing a population decline of 6.3% in the area during that time. The predominant age group in Wyee is 50-59 years. Households in Wyee are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wyee work in a trades occupation. In 2011, 75.8% of the homes in Wyee were owner-occupied compared with 75.1% in 2016.

Wyee has 1,756 properties. Over the last 5 years, Houses in Wyee have seen a 97.18% increase in median value, while Units have seen a 28.56% increase. As at 31 October 2024:

  • The median value for Houses in Wyee is $868,370 while the median value for Units is $559,020.
  • Houses have a median rent of $750.
There are currently 14 properties listed for sale, and 1 property listed for rent in Wyee on OnTheHouse. According to CoreLogic's data, 74 properties were sold in the past 12 months in Wyee.

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