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Sold on 03 Oct 2024 for $865,000

51 Railway Parade
Blackalls Park NSW 2283

Bedrooms: 3
Bathrooms: 3
Car spaces: 3
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Property Details for 51 Railway Pde, Blackalls Park

51 Railway Pde, Blackalls Park is a 3 bedroom, 3 bathroom House with 3 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Blackalls Park in the last 12 months.

Building Type
House
Local Government
Lake Macquarie
Lot/Plan
15/2/DP2707

Last Listing description (October 2024)

With over 1,800 m² of land ready for your creative vision and its prime location near the lake's edge, this property is ideal for frequent boating or fishing trips, thanks to nearby boat ramp access. Additionally, its strategic position offers excellent development potential, being conveniently close to restaurants, shopping centres, hospitals, and local schools.

Main House:
- Generous size lounge room with split system air conditioning

- Updated carpet throughout lounge and bedrooms
- Neat and functional kitchen with ample cupboard space
- Large bathroom with level entry shower
- Ceiling fans throughout
- Solar ready
- Private fenced off backyard

Work shed:
- Oversize multipurpose workshop perfect for boat, caravan, cars and storage
- Includes a small kitchenette, shower and toilet

Mini home:
- Clean and tidy studio
- Functional kitchen
- Up to date bathroom
- Split system air conditioning
- Great addition for friends, family or additional rental income
- Lock up storage shed

Investment potential:
- Concept plans available for x7 two bedroom, over 55's living
- Fantastic rental income, main house and workshop currently rented
- Near level 1839m2 block
- Main house currently returning $495.00 pw
- Work shed currently returning $180.00 pw
- Mini home (currently advertised for $350.00 pw)

Property History for 51 Railway Pde, Blackalls Park, NSW 2283

A timeline of how this property has performed in the market
Last Sold
$865,000
03 Oct 2024
Listed for Rent
$350/w
13 Aug 2024
  • 03 Oct 2024
    Sold for $865,000
  • 27 Aug 2024
    Listed for Sale Price Guide $860,000 - $940,000
  • 13 Aug 2024
    Listed for Rent $350 / week
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About Blackalls Park 2283

The size of Blackalls Park is approximately 3 square kilometres. It has 6 parks covering nearly 10.7% of total area. The population of Blackalls Park in 2011 was 2,762 people. By 2016 the population was 2,737 showing a population decline of 0.9% in the area during that time. The predominant age group in Blackalls Park is 50-59 years. Households in Blackalls Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Blackalls Park work in a trades occupation. In 2011, 74.1% of the homes in Blackalls Park were owner-occupied compared with 77.4% in 2016.

Blackalls Park has 1,359 properties. Over the last 5 years, Houses in Blackalls Park have seen a 51.37% increase in median value, while Units have seen a 52.85% increase. As at 31 October 2024:

  • The median value for Houses in Blackalls Park is $721,374 while the median value for Units is $638,896.
  • Houses have a median rent of $545 while Units have a median rent of $578.
There are currently 16 properties listed for sale, and 3 properties listed for rent in Blackalls park on OnTheHouse. According to CoreLogic's data, 61 properties were sold in the past 12 months in Blackalls park.

Suburb Insights for Blackalls Park 2283

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Luke Schoonbeek
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JL Property Co
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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.