SOLD
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Sold on 15 Jan 2024 for $450,000

40 Makatea Street
Boolaroo NSW 2284

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 449.9m2
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Property Details for 40 Makatea St, Boolaroo

Building Type
Land
Land Size
449.9m2
Local Government
Lake Macquarie
Lot/Plan
168/DP1290647

Last Listing description (January 2024)

When it comes to your dream home, there's no room for compromise. You need a blank canvas that provides the freedom and flexibility to bring your vision to life. Welcome to 40 Makatea Street, Boolaroo, a near level 449.9sqm residential block within the new and prestige Weemala Estate. The parcel features services to the road and promises a lifestyle of excellence.

Offering a blissful environment mere minutes from the glassy waters of Lake Macquarie, Boolaroo has long been admired as a central and community rich suburb. Movie enthusiasts adore its golden age cinema that still draws a weekend crowd, there are a choice a colourful cafes to get your daily caffeine fix, and bus and train transport allow easy commuting. Good schools and services are also at hand, along with some great sports options for the kids.

- Registered land ready to build, just choose your design and builder to get underway

- Generous dimensions 13.43m frontage and 33.5m depth, totalling 449.9sqm
- Services include NBN, gas, water, sewer, and underground electricity connections
- Prime position within the estate, soon to be surrounded by other modern homes
- Community focused and pedestrian friendly, the estate has foot/bike paths, kerb and guttering
-Walking access to Bunnings and Costco, 8 min drive to Stockland Glendale
- Easy drive to a host of lakeside attractions, retail stores, educational and recreational facilities

Property History for 40 Makatea St, Boolaroo, NSW 2284

A timeline of how this property has performed in the market
Last Sold
$450,000
15 Jan 2024
  • 15 Jan 2024
    Sold for $450,000
  • 31 Oct 2023
    Listed for Sale $450,000 - $475,000
  • 27 May 2021
    Sold for $422,000

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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 1,445 properties. Over the last 5 years, Houses in Boolaroo have seen a 85.32% increase in median value, while Units have seen a 64.41% increase. As at 31 August 2024:

  • The median value for Houses in Boolaroo is $911,023 while the median value for Units is $667,932.
  • Houses have a median rent of $640 while Units have a median rent of $485.
There are currently 14 properties listed for sale, and 4 properties listed for rent in Boolaroo on OnTheHouse. According to CoreLogic's data, 74 properties were sold in the past 12 months in Boolaroo.

Suburb Insights for Boolaroo 2284

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Jeremy Allwood
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Kate Spencer
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TaylorHedley Property
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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.