FOR SALE
$930,000 - $980,000

55 Panonia Road
Wyong NSW 2259

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 479m2
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2 Bedroom home + 2 Bedroom Granny Flat. $1000 per week. Investors Dream Opportu

Looking to expand your investment portfolio? This property is your golden ticket! Presenting a lucrative opportunity for savvy investors, this residence boasts not one, but two income-generating dwellings, ensuring a steady cash flow for years to come.
Prime location in a neighbourhood close to schools, public transport, and shopping centres, ensuring high tenant demand and property value appreciation.
Main House Features:
� Spacious 2-bedroom layout offering comfort and functionality.
� Convenient drive-through carport, providing hassle-free parking for tenants
� Currently leased at $500 per week, with a secure tenancy locked in for the next 2 years, guaranteeing a stable return on investment.
Granny Flat Highlights:
� Modern and well-appointed 2-bedroom granny flat, constructed just 3 years ago, offering contemporary living spaces and amenities.
� Generating an impressive $500 per week in rental income, with a solid lease agreement in place for the next 2 years, providing investors with peace of mind and financial security.
Don't miss out on this exceptional opportunity to secure a hassle-free investment with double the rewards! Contact us today to arrange a private viewing

Property Details for 55 Panonia Rd, Wyong

55 Panonia Rd, Wyong is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 479m2. The place is currently for sale with LJ Hooker Wyong.

Building Type
House
Land Size
479m2

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About Wyong 2259

The size of Wyong is approximately 11.3 square kilometres. It has 20 parks covering nearly 22.4% of total area. The population of Wyong in 2011 was 3,631 people. By 2016 the population was 4,329 showing a population growth of 19.2% in the area during that time. The predominant age group in Wyong is 60-69 years. Households in Wyong are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wyong work in a clerical occupation. In 2011, 55% of the homes in Wyong were owner-occupied compared with 54.3% in 2016.

Wyong has 2,973 properties. Over the last 5 years, Houses in Wyong have seen a 54.34% increase in median value, while Units have seen a 47.73% increase. As at 31 October 2024:

  • The median value for Houses in Wyong is $783,670 while the median value for Units is $502,658.
  • Houses have a median rent of $550 while Units have a median rent of $458.
There are currently 30 properties listed for sale, and 28 properties listed for rent in Wyong on OnTheHouse. According to CoreLogic's data, 112 properties were sold in the past 12 months in Wyong.

Suburb Insights for Wyong 2259

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Lachlan Peters
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David Peters
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LJ Hooker Wyong
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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.