Property Details for 5/42-48 Main Rd, Boolaroo
5/42-48 Main Rd, Boolaroo is a 1 bedroom, 1 bathroom Unit and was built in 1998.
Last Listing description (April 2023)
Positioned in one of Newcastle's newest growth corridors, this astute opportunity exists for savvy investors or owner occupiers alike. A selection of spacious 1,2 & 3 bedroom executive style apartments set in a boutique complex of 12. Single level easy care living features prominently with absolute convenience to all amenities literally at ones doorstep. Village atmosphere & the opportunity to shop daily form one of the key aspects of this development. IGA shopping centre is located only 70m away. Other notable sites nearby include Village Cinema, Train Station, Bowling Club, Waratah Golf Club, Pippi's At the Point Hotel, Club Macquarie, Speers Point Park, Lake Macquarie Foreshore for all those water activities, Warners Bay CBD & café precinct, Glendale Supercentre & Bunnings just to name a few.
Well-appointed entirely throughout with open plan designs all offering ease of flow to independent entertaining balconies, R/C air-conditioning for all year comfort and addition of lift create longevity with single level living ideal for those early retirees. Excellent investment opportunities present with maximum depreciation aspects as well. The first of their kind for the suburb and with all the existing plus growing infrastructure located in the immediate vicinity they are sure to have significant, genuine buyer activity. For more detailed information on inclusions please contact our office to discuss.
Century 21 Carkeet Johns Smith Real Estate at Charlestown-Smarter Bolder Faster. Contact us for an inspection.
Property History for 5/42-48 Main Rd, Boolaroo, NSW 2284
- 17 Mar 2022Listed for Sale RECENT SALES
- 17 Jan 2020Listed for Sale RECENT SALES
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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 1,430 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.
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