OFF MARKET

29A Silky Oak Drive
Caves Beach NSW 2281

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 220m2
Land area: 1441m2
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Property Details for 29a Silky Oak Dr, Caves Beach

29a Silky Oak Dr, Caves Beach is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2011. The property has a land size of 1441m2 and floor size of 220m2. While the property is not currently for sale or for rent, it was last sold in December 2011.

Building Type
House
Year Built
2011
Floor Size
220m2
Land Size
1441m2
Local Government
Lake Macquarie
Lot/Plan
1392/DP1105804

Last Listing description (December 2011)

Price Slashed To Well Below Construction Cost By Owners Who Want This Never Lived, In Brand New Home With Great VIews So
Considering the last 3 homes I've sold in this estate have sold for $740,000, $722,000 & $705,000 & every one of them has been second hand & between 7 to 14 years old, this brand new home represents excellent buying & is now selling below replacement cost with the owners after a quick sale rather than a big profit, especially considering this is a quality built Montgomery Home
I sold this beautiful block of land to them & they set about building their dream home here. Before construction was even complete a forced work transfer has seen the owners have to re-locate interstate. Part way through construction they had little choice but to finish the project, knowing full well they would never get to enjoy the end result.

For them this has been tragic, considering they will probably end up being behind financially out of the exercise, but for you it could be just about the best thing that ever happened! Where else will you get a brand new home in Caves Beach?
People around here build to enjoy a new home in this great lifestyle suburb, for them to live in, not to on sell. Here all the hard work is done, so if the idea of modern & new really appeals to you, but you haven't got the stamina, time & patience to put up with building, this is your golden opportunity to get into an ever popular bush & beach estate, which is enjoyed by both retirees & families alike because of its big block & wide roads, where homes are not jammed in together like most newer estates. Pathways link back to the pre-schools, primary & high school with a large reserve parkland in the centre of the estate. A short walk to the beach, the entire estate is ringed by bushland reserve, which flows on to Wallarah National Park.
High set to enjoy beautiful North East views & ocean breezes along with winter sun, the main family living flows out to a generous, really user friendly covered front view & entertainment deck. The kitchen is central to this large family living & boasts a big stainless steel cooker, range hood & dishwasher with plentiful cupboard & bench space, an island bar a key feature & good looking addition.
A Home theatre room upstairs to the rear of the home enjoys a beautiful bush outlook to a very natural timber setting, which is part of this block, which in turn backs on to reserve.
3 double bedrooms also exist on this top floor with all of them including generous robe space. The master bedroom boasts his & her separate walk in robes & a good size, sleek & sexy ensuite, while the other double bedrooms are located nearby the equally sleek & sexy master bathroom, which features a separate powder room for guests when they are upstairs.
Another genuinely, double bedroom with built in robe exists on the lower level with ensuite like access to another powder room, the perfect guest bedroom or large home office. This bedroom flows off the rumpus, which in turn connects to the front foyer, where you'll find internal access to the remote entry, large double garage, which opens into a big storage or potential cellar area under the home.
Other than window coverings the home is ready to move into, so all that is left to do is the landscaping & fencing, but only if you're into enclosed, formal gardens otherwise, if you're like me & you love the bush & not being hemmed in, this one's good to go right now!
So check out a "no pressure" open house or give me a tingle to organise a private viewing...

Property History for 29a Silky Oak Dr, Caves Beach, NSW 2281

A timeline of how this property has performed in the market
Last Sold
$615,000
13 Dec 2011
  • 13 Dec 2011
    Sold for $615,000
  • 12 Feb 2011
    Listed for Sale $757,000
  • 18 Nov 2009
    Sold for $265,000
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About Caves Beach 2281

The size of Caves Beach is approximately 2.6 square kilometres. It has 7 parks covering nearly 27.4% of total area. The population of Caves Beach in 2011 was 3,935 people. By 2016 the population was 4,053 showing a population growth of 3.0% in the area during that time. The predominant age group in Caves Beach is 50-59 years. Households in Caves Beach are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Caves Beach work in a professional occupation. In 2011, 78% of the homes in Caves Beach were owner-occupied compared with 80.4% in 2016.

Caves Beach has 1,969 properties. Over the last 5 years, Houses in Caves Beach have seen a 73.19% increase in median value, while Units have seen a 61.24% increase. As at 31 October 2024:

  • The median value for Houses in Caves Beach is $1,217,118 while the median value for Units is $875,402.
  • Houses have a median rent of $788 while Units have a median rent of $550.
There are currently 30 properties listed for sale, and 1 property listed for rent in Caves beach on OnTheHouse. According to CoreLogic's data, 81 properties were sold in the past 12 months in Caves beach.

Suburb Insights for Caves Beach 2281

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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.