SOLD
Sold on 24 Jan 2024 for $1,200,000

464 Slaters Lane
Candelo NSW 2550

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 170m2
Land area: 53950m2
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Property Details for 464 Slaters Lane, Candelo

464 Slaters Lane, Candelo is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2006. The property has a land size of 53950m2 and floor size of 170m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 4 bedroom House sold in Candelo in the last 12 months.

Building Type
House
Year Built
2006
Floor Size
170m2
Land Size
53950m2
Local Government
Bega Valley
Lot/Plan
1881/DP1078272

Last Listing description (November 2023)

With the undersupply of housing, this property gives you twice the blessing instead of one with two very similar yet unique homes on offer on 13.5 acres in this peaceful pocket of nature. Looking at the calming mountain views from the verandahs of these thoughtfully planned-out homes will surely soothe you as you relax and the country vibe becomes part of your everyday life. The twin homes are both north facing and separated by Slaters Lane, they both have two separate living areas plenty of garaging, and access to Tantawangalo Creek giving you excellent water security which is always a bonus when living in the country. The location is peaceful and private yet you're only 10 to 12 minutes to the inviting town of Candelo where the strong sense of community and care for one another is evident which is so hard to find in the larger towns and cities these days. The coast and the airport in Merimbula are only 35 minutes away and if you're looking for more sophisticated activities Canberra is only a 2-hour drive making it well within the range of a fun weekend jaunt if that's what tickles your fancy.

PLEASE NOTE: LOT 1881 DP1078272 The property comes on a single title and would suit lager or extended families or someone who is looking to supplement their income with the rent from either home while they live in the other one. Or perhaps as a pure investment where both homes would achieve a solid rental return. This property is not eligible for a subdivision where one house can be sold off and the other one can be kept.

House One:

Set on approx. 5 acres this modern home is three years old and the layout gives you three bedrooms two bathrooms two living areas a great kitchen and a north-facing verandah with a rear entertaining area that has a fire pit. This home has also been equipped with an Elon Musk Star Link internet connection to guarantee good reception. Add a double lock up garage and a double carport and approx. 75,000 litres of rainwater storage plus good fencing. There is nothing to do here other than move in or watch your investment make a good solid return. Town power and septic waste are connected.

House Two:
Set on approx.8.5 acres across the road but well out of sight from house one this home is around 20 years old giving you four bedrooms two bathrooms two separate living areas a spacious office and a large north-facing verandah plus a double lock-up garage and woodshed/toolshed. With around 80,000 of rainwater storage and pumping rights from the creek this home also has excellent water security. Slightly older and a bit more spacious this is an excellent family home for those that need a little more room. Town power and septic waste are connected.

Property History for 464 Slaters Lane, Candelo, NSW 2550

A timeline of how this property has performed in the market
Last Sold
$1,200,000
24 Jan 2024
Listed for Rent
$650/w
26 Jun 2023
  • 24 Jan 2024
    Sold for $1,200,000
  • 05 Apr 2023
    Listed for Rent $650 / week
  • 25 Feb 2023
    Listed for Sale $1,400,000
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About Candelo 2550

The size of Candelo is approximately 96.9 square kilometres. It has 1 park covering nearly 4.5% of total area. The population of Candelo in 2011 was 733 people. By 2016 the population was 698 showing a population decline of 4.8% in the area during that time. The predominant age group in Candelo is 50-59 years. Households in Candelo are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Candelo work in a professional occupation. In 2011, 78.5% of the homes in Candelo were owner-occupied compared with 79.1% in 2016.

Candelo has 458 properties. Over the last 5 years, Houses in Candelo have seen a 50.96% increase in median value, while Units have seen a 73.31% increase. As at 31 December 2024:

  • The median value for Houses in Candelo is $584,845 while the median value for Units is $738,086.
There are currently 6 properties listed for sale, and no properties listed for rent in Candelo on OnTheHouse. According to CoreLogic's data, 26 properties were sold in the past 12 months in Candelo.

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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.