OFF MARKET

9 Erudgeree Street
Budgewoi NSW 2262

Bedrooms: 5
Bathrooms: 3
Car spaces: 3
Land area: 672m2
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Last updated 18 Nov 2024
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Property Details for 9 Erudgeree St, Budgewoi

9 Erudgeree St, Budgewoi is a 5 bedroom, 3 bathroom House with 3 parking spaces and was built in 1970. The property has a land size of 672m2. While the property is not currently for sale or for rent, it was last sold in November 2024.

Building Type
House
Year Built
1970
Land Size
672m2
Local Government
Central Coast
Lot/Plan
20/8/DP758175

Last Listing description (November 2024)

Rare blue chip opportunity in the area's finest beachside locale. The area's most tightly held street, directly opposite the beachfront reserve. Level 651sqm approx. lot with desirable R2 zoning and existing two-storey dwelling, currently leased as a dual rental earner returning $945.00 per week.

Whether you are looking to land bank for your future dream build, enjoy strong existing rent returns or take advantage of the lucrative Airbnb market - this is by far the most exciting listing Beachside Budgewoi has had to offer in quite some time. Only 150m from the sand and approx. 400m to Budgewoi Circle with recently refurbished Budgewoi Hotel, restaurants & cafes.

It has been over 10 years since the last sale in Erudgeree Street. Act now, stake your claim and reap the future rewards.

Level 651m2 (approx) R2 zoned lot
Directly opposite beachfront reserve
Two storey dual residence
Three bedroom, two bathroom upstairs
Two bedroom, one bathroom downstairs
Double lock up garage
Carport
Wide side access to rear yard
Currently returning $945.00 per week combined
Approx. 150m walk to the sand
Approx. 400m to Budgewoi Circle

Outgoings:
Council Rates - $2976.00 approx. per annum
Water Rates - $1015.00 approx. per annum
Land Size - 651sqm approx

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Property History for 9 Erudgeree St, Budgewoi, NSW 2262

A timeline of how this property has performed in the market
Last Sold
Listed for Rent
$265/w
01 Sep 2020
  • 22 Nov 2024
    Sold for $1,250,000
  • 01 Nov 2024
    Listed for Sale Auction
  • 03 Aug 2020
    Listed for Rent - Price not available
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About Budgewoi 2262

The size of Budgewoi is approximately 3.1 square kilometres. It has 15 parks covering nearly 44.5% of total area. The population of Budgewoi in 2011 was 3,254 people. By 2016 the population was 3,348 showing a population growth of 2.9% in the area during that time. The predominant age group in Budgewoi is 50-59 years. Households in Budgewoi are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Budgewoi work in a trades occupation. In 2011, 65.1% of the homes in Budgewoi were owner-occupied compared with 66.6% in 2016.

Budgewoi has 1,849 properties. Over the last 5 years, Houses in Budgewoi have seen a 62.84% increase in median value, while Units have seen a 76.81% increase. As at 31 October 2024:

  • The median value for Houses in Budgewoi is $718,547 while the median value for Units is $512,217.
  • Houses have a median rent of $530 while Units have a median rent of $450.
There are currently 20 properties listed for sale, and 8 properties listed for rent in Budgewoi on OnTheHouse. According to CoreLogic's data, 74 properties were sold in the past 12 months in Budgewoi.

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