OFF MARKET

8/8A Third Street
Cardiff South NSW 2285

Bedrooms: 5
Bathrooms: 2
Car spaces: -
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Last updated 16 Dec 2024
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Property Details for 8/8a Third St, Cardiff South

8/8a Third St, Cardiff South is a 5 bedroom, 2 bathroom House.

Building Type
House
Local Government
Lake Macquarie

Last Listing description (January 2023)

Here is a rare two-for-one opportunity in popular Cardiff South, with the option to extend and combine two dwellings into one larger home or capitalise on the opportunity to maximise the return on a healthy investment with attractive returns and long-term tenants willing to stay on. This property comprises an existing 3-bedroom home with some refurbishments, and an additional 2-bedroom granny flat, set on a fenced, level block, with secure garage parking for each residence.

Main Original House: The original 3-bedroom family home is recently painted throughout and features modern neutral decor, reverse cycle air conditioning, plush carpet and built-ins to bedrooms. High ceilings, neutral decor and polished timber floors in the living areas complement a neat and tidy kitchen with dishwasher and electric stove. A modern renovated family bathroom and laundry combination is a convenient addition. Entertaining is a delight, with a newly built covered entertaining deck overlooking a fenced, family friendly yard, with the bonus of undercover parking for 2 cars (single garage and carport).


Granny Flat: This two-bedroom 60m2 flat is privately positioned to the rear of the block. It features neutral decor, modern fixtures, high raked ceilings, open-plan living, dining and kitchen areas. The two bedrooms feature built-in mirrored robes, and there is additional linen storage. Hard timber floors throughout create the perfect low-maintenance living solution. Enjoy comfort year-round with reverse cycle air conditioning, and energy efficiency with solar hot water and a rainwater tank. Secure undercover parking for 2 cars (single garage and carport).

Positioned close to the local public school and high school, transport, library, shopping centre and within walking distance to Cardiff CBD and railway station. A short drive to Warners Bay, Charlestown, Adamstown and Kotara for major shopping centres and businesses. This is a rare opportunity not to be missed!

Property History for 8/8a Third St, Cardiff South, NSW 2285

A timeline of how this property has performed in the market
  • 02 Nov 2022
    Listed for Sale $869,000 - $920,000

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About Cardiff South 2285

The size of Cardiff South is approximately 1.6 square kilometres. It has 7 parks covering nearly 10.4% of total area. The population of Cardiff South in 2011 was 2,963 people. By 2016 the population was 2,821 showing a population decline of 4.8% in the area during that time. The predominant age group in Cardiff South is 40-49 years. Households in Cardiff South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cardiff South work in a trades occupation. In 2011, 78.1% of the homes in Cardiff South were owner-occupied compared with 76.1% in 2016.

Cardiff South has 1,296 properties. Over the last 5 years, Houses in Cardiff South have seen a 66.76% increase in median value, while Units have seen a 42.30% increase. As at 30 November 2024:

  • The median value for Houses in Cardiff South is $827,663 while the median value for Units is $591,729.
  • Houses have a median rent of $620 while Units have a median rent of $490.
There are currently 4 properties listed for sale, and 2 properties listed for rent in Cardiff south on OnTheHouse. According to CoreLogic's data, 48 properties were sold in the past 12 months in Cardiff south.

Suburb Insights for Cardiff South 2285

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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.