Opportunity Knocks
Large & level 809 sqm block with possible duplex potential (subject to council approval) is to be sold on behalf of Lake Macquarie City Council.
The size of Boolaroo is approximately 2.7 square kilometres. It has 5 parks covering nearly 3.6% of total area. The population of Boolaroo in 2011 was 933 people. By 2016 the population was 1,042 showing a population growth of 11.7% in the area during that time. The predominant age group in Boolaroo is 50-59 years. Households in Boolaroo are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Boolaroo work in a trades occupation. In 2011, 68.9% of the homes in Boolaroo were owner-occupied compared with 67.8% in 2016.
Boolaroo has 1,430 properties. Over the last 5 years, Houses in Boolaroo have seen a 85.96% increase in median value, while Units have seen a 76.65% increase. As at 30 September 2024:
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