OFF MARKET

5 Sherwood Street
Arcadia Vale NSW 2283

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Floor area: 87m2
Land area: 1172m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 9 Sep 2024
Low

High
Save

Property Details for 5 Sherwood St, Arcadia Vale

5 Sherwood St, Arcadia Vale is a 3 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 1172m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
House
Floor Size
87m2
Land Size
1172m2
Local Government
Lake Macquarie
Lot/Plan
514/DP12507

Last Listing description (June 2022)

* A great long term property investment - lovely home on a huge block with dual street frontage
* Brick and tile home with 3 bedrooms, ensuite and main bathroom, 3rd toilet downstairs in storage/workshop area
* 2 double garages - one off Sherwood Street and another off Brooks Street (concrete driveway to each garage)

* Perfect family home with high ceilings, large lounge room and kitchen, big bedrooms and a great yard
* 1,170sqm block with approximately 35m frontage to Sherwood Street and approximately 25m frontage to Brooks Street
* Reverse cycle air conditioning, potential for a great renovation/extension
* Located next to a council reserve and sitting within approximately 350m off large waterfront reserve park
* Live in and make it your own or rent out and develop later subject to any council approvals
* Not many blocks come along this big so close to the lake, rare opportunity
*Approx. Rental potential of $560.00 to $580.00 per week
* Floor plan available on request
* Flexible inspection times available

A property with attributes that will suit multiple buyers in todays market - firstly those looking for a lovely home a really big block close to the lake and schools, secondly those looking for a site to knock down and rebuild their dream home later on, and thirdly those looking to develop and make some money out of the site using the two street frontages and zoning.

Offering a huge 1,170sqm block with two large road frontages and an immaculate 3 bedroom brick and tile home with an ensuite and main bathroom, large living area, big kitchen and workshop and storage downstairs with 3rd toilet. Sitting within 5 minutes of Wangi and Rathmines shopping villages, within the same distance are 3 very good primary schools (Arcadia Vale Primary School sits direclty behind this property), the lake and park at the end of the street and so much more.

Sitting 75 minutes out of Sydney, 45 minutes to Newcastle and 9 minutes to Toronto's CBD this is a great opportunity to land bank or just enjoy a great real estate opportunity right near Lake Macquarie. Call for a private inspection today

From all of us at Ray White Toronto/Lake Macquarie, we wish you every success in your search for your home. If you
would like more detail on this home or to chat about one of the many other properties we have available please call or email us today.

DISCLAIMER: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document

Property History for 5 Sherwood St, Arcadia Vale, NSW 2283

A timeline of how this property has performed in the market
Last Sold
$920,000
03 Jun 2022
  • 03 Jun 2022
    Sold for $920,000
  • 24 May 2022
    Listed for Sale $959,000
  • 11 Nov 2021
    Sold
Sign in to see more transactions

Commute Calculator

About Arcadia Vale 2283

The size of Arcadia Vale is approximately 1.4 square kilometres. It has 4 parks covering nearly 4.5% of total area. The population of Arcadia Vale in 2011 was 1,380 people. By 2016 the population was 1,379 showing a population decline of 0.1% in the area during that time. The predominant age group in Arcadia Vale is 50-59 years. Households in Arcadia Vale are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Arcadia Vale work in a trades occupation. In 2011, 77.3% of the homes in Arcadia Vale were owner-occupied compared with 81.1% in 2016.

Arcadia Vale has 684 properties. Over the last 5 years, Houses in Arcadia Vale have seen a 64.95% increase in median value. As at 31 August 2024:

  • The median value for Houses in Arcadia Vale is $850,393 while the median value for Units is $585,117.
  • Houses have a median rent of $595.
There are currently 4 properties listed for sale, and 1 property listed for rent in Arcadia vale on OnTheHouse. According to CoreLogic's data, 28 properties were sold in the past 12 months in Arcadia vale.

Suburb Insights for Arcadia Vale 2283

Market Insights
Arcadia Vale Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Arcadia Vale Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.