OFF MARKET

3 Main Road
Boolaroo NSW 2284

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 107m2
Land area: 1371m2
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Property Details for 3 Main Rd, Boolaroo

3 Main Rd, Boolaroo is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1371m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in June 2020.

Building Type
House
Floor Size
107m2
Land Size
1371m2
Local Government
Lake Macquarie
Lot/Plan
5/DP233095

Last Listing description (June 2020)

With interest rates at a record low, this is the best time in the last hundred years to buy real estate!

CAN YOU BELIEVE YOU COULD OWN THIS FROM AS LITTLE AS $536.00 PER WEEK!*

Here is a unique offering on a level block. With possibly the ultimate development potential, this prime real estate in the heart of Boolaroo is set on 1366m of B1 Neighbourhood Centre zoned land and includes a solid brick and tile 3-bedroom property.

Inside, generously sized rooms include a kitchen, bathroom, living and dining area. With the property previously having some plumbing to one room, this would be a great opportunity for a medical practice, childcare facility or any business operation with a wide variety permissible in this zone.

The new stage of land across the road is almost registered and the State Government has taken control of the neighbouring site to allow the two heavyweights Ikea and Costco to earmark their sites to call Boolaroo home#.

The property is currently used as an office and provides a fantastic opportunity to purchase and rent out or land bank for future development. (Subject to council approval).

Growth will continue to be onwards and upwards once you begin to inject some money into this project, so dont miss out.

To arrange a private viewing call 02 4958 8555.

#Source: Newcastle Herald and Sydney Morning Herald.

*Calculations based on a 10% deposit. Commonwealth Bank current Fixed Interest Rate of 2.99% pa over 30 years.

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Property History for 3 Main Rd, Boolaroo, NSW 2284

A timeline of how this property has performed in the market
Last Sold
$557,300
18 Jun 2020
  • 18 Jun 2020
    Sold for $557,300
  • 12 Sep 2019
    Listed for Sale $ 557300
  • 08 Dec 2006
    Sold for $285,000
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About Boolaroo 2284

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 1,434 properties. Over the last 5 years, Houses in Boolaroo have seen a 81.18% increase in median value, while Units have seen a 76.79% increase. As at 31 October 2024:

  • The median value for Houses in Boolaroo is $917,863 while the median value for Units is $683,991.
  • Houses have a median rent of $660 while Units have a median rent of $670.
There are currently 15 properties listed for sale, and 7 properties listed for rent in Boolaroo on OnTheHouse. According to CoreLogic's data, 68 properties were sold in the past 12 months in Boolaroo.

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