L OCATION...LOCATION....LOCATION
Its all about Location ... .Location.....Location....This very appealing level parcel of land is located in a quiet leafy street in one of the most popular and sought after lakeside suburbs on the Morisset Peninsula. The position is perfect just one street back from the beautiful foreshores of Lake Macquarie and close to major shopping centre, schools, doctors surgery, rail and F3. What a wonderful opportunity if you build within 6 months there is No Stamp Duty. This lot is a great buy for an investor, retiree or first home buyer. Don't let this one slip!
The size of Balcolyn is approximately 0.7 square kilometres. It has 6 parks covering nearly 17.3% of total area. The population of Balcolyn in 2011 was 818 people. By 2016 the population was 956 showing a population growth of 16.9% in the area during that time. The predominant age group in Balcolyn is 10-19 years. Households in Balcolyn are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Balcolyn work in a trades occupation. In 2011, 79.5% of the homes in Balcolyn were owner-occupied compared with 75% in 2016.
Balcolyn has 482 properties. Over the last 5 years, Houses in Balcolyn have seen a 49.41% increase in median value. As at 31 December 2024:
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