OFF MARKET

32 Park Avenue
Caves Beach NSW 2281

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 97m2
Land area: 794m2
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Property Details for 32 Park Ave, Caves Beach

32 Park Ave, Caves Beach is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 794m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
House
Year Built
1960
Floor Size
97m2
Land Size
794m2
Local Government
Lake Macquarie
Lot/Plan
262/DP28925

Last Listing description (May 2023)

Capitalise on this rare and exciting opportunity to secure this elevated home complete with a dazzling ocean view and set upon a large 790sqm parcel in a sought-after beachside pocket. Ready to be taken to the next level, its retro interiors are ready for a cosmetic renovation or full redesign (STCA), giving you the chance to turn a blank slate into the ultimate customised family retreat. Alternately, with the block's generous size and dimensions, explore the potential of a lucrative dual occupancy project. Opportunities of this size and nature are increasingly hard to find, especially when combined with a dream coastal address.

- Substantial 790sqm block with prized front and rear access (off Eastern Lane)
- Mesmerising ocean views could be further enhanced with a second storey addition (STCA)

- 16 houses back from Caves Beach Surf Life Saving Club, and the area's iconic caves
- Classic elevated holiday home with 2 large separate garages plus storage below
- Retro interiors filled with all-day sunshine; split-system AC; generous room sizes
- Nor-Easterly aspect delivers sweeping ocean views and breezes from a full-length verandah
- Potential for dual occupancy, this is one of the larger blocks found in this suburb
- Wide frontage approx. 18.4m rear 16.4, left 49.8m & right 44m
- Located in a tight-knit coastal hamlet with a major town centre minutes away

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Property History for 32 Park Ave, Caves Beach, NSW 2281

A timeline of how this property has performed in the market
Last Sold
$1,325,000
24 Jun 2022
  • 01 Mar 2023
    Listed for Sale $1,325,000
  • 24 Jun 2022
    Sold for $1,325,000
  • 17 May 2022
    Listed for Sale $1,400,000 - $1,500,000

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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, 82 properties were sold in the past 12 months in Caves beach.

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