659 Freemans DriveCooranbong NSW 2265
Property Details for 659 Freemans Dr, Cooranbong
659 Freemans Dr, Cooranbong is a 4 bedroom, 2 bathroom House and was built in 1970. The property has a land size of 837m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in June 2021.
Last Listing description (June 2021)
Set on a stunning garden block and delivering wide investor appeal, this easycare offering promises a lucrative purchase opportunity. Configured as two flats under one roofline, with both perfectly presented, it delivers plenty of scope to live in one and rent the other, or rent both for a substantial return. In terms of location, it's only 900m from Cooranbong's busy village centre.
- Character-rich, modernly appointed and configured for dual occupancy
- Light-filled living rooms, smart kitchens, split-system air-conditioning
- Generous bedrooms, three with robes, two with direct deck access
- Set on a private, almost park-like garden oasis with a lawned expanse
- Quick motorway access to Newcastle, Sydney or the Hunter Valley
- Opportunity to live on one side and earn a rental income of approx $320.00 p/w on the other
- Current rental return of $700 p/w
- Both units currently occupied with long term tenants
Property History for 659 Freemans Dr, Cooranbong, NSW 2265
- 23 Jun 2021Sold for $660,000
- 17 Dec 2020Listed for Sale $635,000 - $665,000
- 23 Jan 2019Sold
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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.
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