OFF MARKET

650 Freemans Drive
Cooranbong NSW 2265

Bedrooms: 7
Bathrooms: 4
Car spaces: 2
Floor area: 210m2
Land area: 1043m2
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Property Details for 650 Freemans Dr, Cooranbong

650 Freemans Dr, Cooranbong is a 7 bedroom, 4 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 1043m2 and floor size of 210m2. While the property is not currently for sale or for rent, it was last sold in April 2017.

Building Type
House
Year Built
1950
Floor Size
210m2
Land Size
1043m2
Local Government
Lake Macquarie
Lot/Plan
D/DP367765

Last Listing description (June 2017)

Welcome to 650 Freemans Drive, Cooranbong. This property offers an amazing investment opportunity with 2 incomes under one roof and returning $740 per week.
The massive home is separated into 2 residences, presented on a quarter acre block, offering 7 bedrooms, 4 bathrooms this tidy, low maintenance property presents unlimited options for the astute investor, large or multi generational families.
The front of the home has 5 bedrooms, master with modern ensuite, large lounge, updated kitchen, generous stylish family bathroom as well as an additional shower and toilet in the laundry.

The rear of the property has 2 bedrooms, modern main bathroom, updated kitchen and open plan lounge and dining area.
The huge undercover entertaining area is accessible by both tenants and overlooks the easy care, fully enclosed rear yard with plenty of car parking available.
Close to shops, schools, transport and the Pacific Motorway.
Both properties are currently rented with fantastic, quality tenants in place.
Don't miss the opportunity to inspect 650 Freemans Drive, Cooranbong.

Disclaimer: Every precaution has been taken to establish accuracy of the above information but does not constitute any representation by the owner or agent. Information is gathered from sources we believe to be reliable; we Dcannot guarantee its accuracy and interested persons should rely on their own enquiries.

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Property History for 650 Freemans Dr, Cooranbong, NSW 2265

A timeline of how this property has performed in the market
Last Sold
$546,500
21 Apr 2017
Listed for Rent
$470/w
01 Jun 2015
  • 21 Apr 2017
    Sold for $546,500
  • 16 Nov 2016
    Listed for Sale $525,000 - $575,000 UNDER CONTRACT
  • 21 Aug 2015
    Listed for Sale $595,000
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About Cooranbong 2265

The size of Cooranbong is approximately 70.4 square kilometres. It has 12 parks covering nearly 14% of total area. The population of Cooranbong in 2011 was 5,029 people. By 2016 the population was 5,459 showing a population growth of 8.6% in the area during that time. The predominant age group in Cooranbong is 20-29 years. Households in Cooranbong are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cooranbong work in a professional occupation. In 2011, 67.8% of the homes in Cooranbong were owner-occupied compared with 70% in 2016.

Cooranbong has 3,825 properties. Over the last 5 years, Houses in Cooranbong have seen a 67.64% increase in median value, while Units have seen a 45.48% increase. As at 30 November 2024:

  • The median value for Houses in Cooranbong is $905,359 while the median value for Units is $549,900.
  • Houses have a median rent of $640 while Units have a median rent of $375.
There are currently 26 properties listed for sale, and 15 properties listed for rent in Cooranbong on OnTheHouse. According to CoreLogic's data, 205 properties were sold in the past 12 months in Cooranbong.

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