SOLD
RECENT ADVICE
Sold on 27 Sep 2024 for $405,000

40 Murray Road
Cardiff NSW 2285

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 168m2
Land area: 514m2
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Belle Property Newcastle
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Property Details for 40 Murray Rd, Cardiff

Building Type
Land
Floor Size
168m2
Land Size
514m2
Local Government
Lake Macquarie
Lot/Plan
2/DP1232189

Last Listing description (October 2024)

Invest in a future that is as promising as it is inviting. This tree-studded block bordering Macnamara Creek presents an outstanding opportunity, where you can not only create a home but also a valuable asset in an area experiencing continuous growth. A sizable 514sqm block, it boasts lovely elevation to offer potential for good views, and is big enough for a family masterpiece while keeping a good-sized yard for children and pets. Positioned on the fringe of Lake Macquarie, 25 minutes from Newcastle CBD and with major link roads nearby for daily commuters, picture yourself living within a well-established community, and relish in the lifestyle benefits this location delivers

- Substantial 514sqm parcel in an established family-oriented community
- Approximately 34m2 x 24m2 land size

- Timbered and holding a premium position on a well-located cul-de-sac
- Great opportunity to create a home designed to suit your lifestyle needs
- Handy to a number of sporting facilities and a good selection of schools
- 2km to the heart of Cardiff for shops, dining options and local clubs
- Minutes to the Expressway for access toward Sydney or the Hunter Valley
- Rare opportunity - vacant blocks in established towns are hard to find
- Concept plans/compatible designs have been completed.

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Property History for 40 Murray Rd, Cardiff, NSW 2285

A timeline of how this property has performed in the market
Last Sold
$405,000
27 Sep 2024
  • 27 Sep 2024
    Sold for $405,000
  • 06 May 2024
    Listed for Sale $390,000 - $429,000
  • 30 Jun 2023
    Listed for Sale Not Disclosed
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About Cardiff 2285

The size of Cardiff is approximately 5.2 square kilometres. It has 19 parks covering nearly 10.7% of total area. The population of Cardiff in 2011 was 5,778 people. By 2016 the population was 5,824 showing a population growth of 0.8% in the area during that time. The predominant age group in Cardiff is 30-39 years. Households in Cardiff are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cardiff work in a professional occupation. In 2011, 74% of the homes in Cardiff were owner-occupied compared with 71.4% in 2016.

Cardiff has 3,808 properties. Over the last 5 years, Houses in Cardiff have seen a 68.76% increase in median value, while Units have seen a 49.92% increase. As at 30 September 2024:

  • The median value for Houses in Cardiff is $794,093 while the median value for Units is $627,339.
  • Houses have a median rent of $580 while Units have a median rent of $533.
There are currently 13 properties listed for sale, and 8 properties listed for rent in Cardiff on OnTheHouse. According to CoreLogic's data, 163 properties were sold in the past 12 months in Cardiff.

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