OFF MARKET

49 Fifth Street
Boolaroo NSW 2284

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 102m2
Land area: 550m2
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Property Details for 49 Fifth St, Boolaroo

49 Fifth St, Boolaroo is a 5 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 1970. The property has a land size of 550m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
Unit
Year Built
1970
Floor Size
102m2
Land Size
550m2
Local Government
Lake Macquarie
Lot/Plan
10/DP23509

Last Listing description (August 2022)

A dual income investment in an up-and-coming lakeside suburb, or a property big enough to fit your large, extended family, this fully renovated 3-bedroom home and award-winning 2-bedroom granny flat ticks every box.

The home is proudly represented by two great Newcastle & Lake Macquarie Agencies in First National Newcastle City & Altitude Real Estate. The Agents Tom Lemke & Dan Irwin pride themselves on customer service being the key to their success so when the opportunity to represent such a highly regarded client they jumped at the opportunity.

Brought to you by the multi award-winning team at Coastline Builders and Designers, 49 Fifth Street is an expression of style and quality that pieces together contemporary design and functionality with Scandi influences and energy efficiency.

A solid brick and tile home renovated to perfection with high-end finishes and a tasteful vision, you can buy with total confidence knowing there's not a single task that requires your attention. Enjoy bright open plan living with an island kitchen as its centrepiece and seamless indoor/outdoor flow to a private deck for alfresco relaxation and entertaining.

Completed 2019, the not-so-humble granny flat has gone seriously upscale with polished concrete floors, a Polytec kitchen with built-in dining table and a daybed in the wrap-around alfresco and garden.

Currently returning a combined $1,000 per week on separate tenancies, you will be hard pressed to find such a rock-solid investment. Yet for those with a need to accommodate older family members or the in-laws, you won't find a better home that allows you all to live close at hand yet not underfoot.

With the exciting rejuvenation of Boolaroo, which includes the Bunderra Estate, Munibung Road extension linking the suburb to Cardiff, and new business park enticing big-box retailers including Costco, there's never been a better time to appreciate this sleepy lakeside suburb. Cycle, stroll or picnic along the Lake Macquarie shoreline. Enjoy the vibrant alfresco caf culture at nearby Warners Bay or take the kids and pets to the 2-hectare fully fenced Speers Point Park. With several larger shopping centres within an easy commute, you'll have variety in shopping, restaurants and entertainment too.

Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 49 Fifth St, Boolaroo, NSW 2284

A timeline of how this property has performed in the market
Last Sold
$920,000
30 Mar 2021
Listed for Rent
$430/w
17 Feb 2020
  • 30 Mar 2021
    Sold for $920,000
  • 10 Mar 2021
    Listed for Sale $920,000
  • 11 Feb 2020
    Listed for Rent $430 / week
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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 1,432 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 14 properties listed for sale, and 5 properties listed for rent in Boolaroo on OnTheHouse. According to CoreLogic's data, 68 properties were sold in the past 12 months in Boolaroo.

Suburb Insights for Boolaroo 2284

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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.