For Sale by Expressions of Interest
Closing 5:00 PM, July 8th, 2022
Here is your opportunity to purchase DA approved residential blocks in Croudace Bay located in beautiful Lake Macquarie, NSW
Located in a very well thought of high growth area of Croudace Bay, these brand new residential blocks will be very sought after. These quality residential blocks are situated in very close proximity to Lake Macquarie foreshore, the new Thomas H Halton Park(also known as Croudace Bay Park), rugby playing fields, foreshore walk ways, local schools and shops and would be the perfect place to build your dream family home. The residents that build on these blocks will also have easy access to shopping centres, restaurants and medical facilities which are a short drive and only minutes from where you will build your dream home.
The size of Croudace Bay is approximately 0.7 square kilometres. It has 3 parks covering nearly 65.6% of total area. The population of Croudace Bay in 2011 was 545 people. By 2016 the population was 561 showing a population growth of 2.9% in the area during that time. The predominant age group in Croudace Bay is 0-9 years. Households in Croudace Bay are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Croudace Bay work in a professional occupation. In 2011, 90.4% of the homes in Croudace Bay were owner-occupied compared with 87.2% in 2016.
Croudace Bay has 267 properties. Over the last 5 years, Houses in Croudace Bay have seen a 66.10% increase in median value, while Units have seen a 41.32% increase. As at 31 October 2024:
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