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Sold on 09 Feb 2024 for $487,500

5 Gladstone Way
Edgeworth NSW 2285

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 450m2
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Property Details for 5 Gladstone Way, Edgeworth

Building Type
Land
Land Size
450m2
Local Government
Lake Macquarie
Lot/Plan
128/DP1277943

Last Listing description (February 2024)

The location
Part of a new land offering at the edge of family-friendly community Cameron Grove Estate, with the benefit of nature corridors and peaceful surrounds. 5 Gladstone offers comfortable estate amenities, with established walking paths and leafy vistas.
Where immaculately maintained brick family homes line a relaxed estate community, tucked between new land developments, a 25 store shopping village and $15 million dollar sporting complex Pasterfield Sporting Complex, at the gateway between Newcastle, Lake Macquarie and the Hunter.

The land
Recently registered 450 sqm, this parcel is cleared, ready for construction with all services available. Easily accessible with a 15m frontage, the estate blocks suit a range of single, split and double storey home designs ranging from 2 to 5 bedrooms, and the potential for that large lawn or pool depending on design.

With the flexibility to create a space just right for you and the availability of new build incentives, you could have your site well under way to completion before finding another new home that ticks all the boxes.

The lifestyle
Designed with a focus on convenience and connection, Cameron Grove is developing as an increasingly popular option for families, downsizers or as a stepping stone into the market and investments. The estate features large block sizes, kilometres of bike paths and walking trails, sporting complexes, playgrounds and consistently growing infrastructure.

With over 15 education facilities within a 5km radius, from childcare through to TAFE, the area provides an opportunity to secure a site for your forever home, settle into a thriving community, or build an investment in an area that has seen significant growth and high demand.

The details
+ Near Level 450 sqm parcel with 15m frontage and 30m depth
+ North Facing, with a BAL rating of 12.5 (low)
+ Suitable for a dual occupancy home for investors (STCA)
+ Cleared with services available & easy site access
+ The estate suits single & double storey designs (STCA)
+ Approx. 1km to Cameron Park Plaza & Harrington's Irish Pub (coming soon)
+ Close to sporting fields, parks and schools
+ 5 minutes to the M1 entrance or Hunter Expressway

Disclaimer:
We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.

Property History for 5 Gladstone Way, Edgeworth, NSW 2285

A timeline of how this property has performed in the market
Last Sold
$487,500
09 Feb 2024
  • 09 Feb 2024
    Sold for $487,500
  • 23 Mar 2023
    Listed for Sale Contact Agent
  • 19 Apr 2022
    Sold for $470,000

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About Edgeworth 2285

The size of Edgeworth is approximately 7 square kilometres. It has 13 parks covering nearly 11.6% of total area. The population of Edgeworth in 2011 was 6,251 people. By 2016 the population was 6,191 showing a population decline of 1.0% in the area during that time. The predominant age group in Edgeworth is 0-9 years. Households in Edgeworth are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Edgeworth work in a trades occupation. In 2011, 72.5% of the homes in Edgeworth were owner-occupied compared with 70.3% in 2016.

Edgeworth has 3,724 properties. Over the last 5 years, Houses in Edgeworth have seen a 58.80% increase in median value, while Units have seen a 62.01% increase. As at 31 October 2024:

  • The median value for Houses in Edgeworth is $716,360 while the median value for Units is $533,294.
  • Houses have a median rent of $610 while Units have a median rent of $525.
There are currently 52 properties listed for sale, and 9 properties listed for rent in Edgeworth on OnTheHouse. According to CoreLogic's data, 202 properties were sold in the past 12 months in Edgeworth.

Suburb Insights for Edgeworth 2285

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Sam Taylor
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Beau Hedley
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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.