SOLD
Sold on 24 May 2024 for $950,000

197 Lake Road
Elermore Vale NSW 2287

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Land area: 1175m2
Sold By
Presence Real Estate
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Property Details for 197 Lake Rd, Elermore Vale

197 Lake Rd, Elermore Vale is a 4 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 1175m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 4 bedroom House sold in Elermore Vale in the last 12 months.

Building Type
House
Land Size
1175m2
Local Government
Newcastle
Lot/Plan
85/DP1293168

Last Listing description (July 2024)

Set well back from the street and backdropped by elevated district views and lush greenery bringing the sounds of birdsong, this home is an exceptionally peaceful oasis. A dream come true for growing families seeking a property where all the hard work of renovating has already been done, the brick and tile four bedder is packed full of features to make life easy and comfortable.

Perched on a wonderfully private 1175sqm block, the property is preceded by a double carport and a side driveway that caters to multi-vehicle off-street parking. Inside, there's not a cent to spend and the layout is exceptionally practical with the contemporary Caesarstone kitchen as the functioning heart, living and dining areas at one end and the sleeping quarters and two modern new bathrooms at the other. Three split system air-conditioners and a working fireplace keep things comfortable while a study nook, large laundry room, and guest powder room add convenience in spades. Two sets of glass sliding doors offer effortless connection to the new Merbau deck and low maintenance yard for alfresco enjoyment. The cherry on top is the separate studio with its own bathroom and kitchenette. This versatile space could be a home office, teen retreat, or occasional guest accommodation the choice is entirely yours!

Convenience is key, with the home located a mere 300m from highly regarded Macquarie College, and 1700m from Elermore Vale Public School eliminating school traffic chaos. With buses close by, you're just 10-minutes from John Hunter Hospital and the University of Newcastle. Plus, everyday essentials are within easy reach at Elermore Vale, Wallsend, Cardiff, and Glendale. And with so many recreational activities on your doorstep, you'll be spending weekends boating, swimming or fishing at Lake Macquarie, wining and dining in Newcastle, or heading to nearby state reserve for bushwalking and mountain biking.

- Fully renovated brick and tile home on peaceful and private 1175sqm block
- Split level lounge and dining with a/c, working fire, and seamless connection to new deck
- Caesarstone kitchen/casual meals with electric cooktop, wall oven, dishwasher
- Air-conditioned master bedroom with walk-in robe and new ensuite
- Three additional bedrooms all with built-in robes served by full-size main bathroom
- Large laundry room with ample storage, guest powder room
- Studio retreat with kitchenette, new bathroom, new blinds
- Double carport plus abundant driveway parking
- 8.5km/11mins to M1 and Hunter Expressway, 12km/20mins to Newcastle city centre

OUTGOINGS
Council rates: $4,514.36 approx. per annum
Water rates: $908.22 approx. per annum

Disclaimer:
All information provided by Presence Real Estate in the promotion of a property for either sale or lease has been gathered from various third-party sources that we believe to be reliable. However, Presence Real Estate cannot guarantee its accuracy, and we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements in the information provided. Prospective purchasers and renters are advised to carry out their own investigations and rely on their own inquiries. All images, measurements, diagrams, renderings and data are indicative and for illustrative purposes only and are subject to change. The information provided by Presence Real Estate is general in nature and does not take into account the individual circumstances of the person or persons objective financial situation or needs.

Property History for 197 Lake Rd, Elermore Vale, NSW 2287

A timeline of how this property has performed in the market
Last Sold
$950,000
24 May 2024
  • 24 May 2024
    Sold for $950,000
  • 21 Mar 2024
    Listed for Sale Guide $950,000
  • 22 Nov 2021
    Sold for $500,000

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About Elermore Vale 2287

The size of Elermore Vale is approximately 4.8 square kilometres. It has 22 parks covering nearly 12% of total area. The population of Elermore Vale in 2011 was 5,186 people. By 2016 the population was 5,516 showing a population growth of 6.4% in the area during that time. The predominant age group in Elermore Vale is 0-9 years. Households in Elermore Vale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Elermore Vale work in a professional occupation. In 2011, 69.5% of the homes in Elermore Vale were owner-occupied compared with 70.3% in 2016.

Elermore Vale has 2,835 properties. Over the last 5 years, Houses in Elermore Vale have seen a 71.51% increase in median value, while Units have seen a 69.37% increase. As at 31 August 2024:

  • The median value for Houses in Elermore Vale is $844,753 while the median value for Units is $616,064.
  • Houses have a median rent of $650 while Units have a median rent of $590.
There are currently 26 properties listed for sale, and 5 properties listed for rent in Elermore vale on OnTheHouse. According to CoreLogic's data, 128 properties were sold in the past 12 months in Elermore vale.

Suburb Insights for Elermore Vale 2287

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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.