OFF MARKET

1 Cartwright Street
Fennell Bay NSW 2283

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 188m2
Land area: 705m2
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Last updated 11 Nov 2024
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Property Details for 1 Cartwright St, Fennell Bay

1 Cartwright St, Fennell Bay is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1980. The property has a land size of 705m2 and floor size of 188m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
House
Year Built
1980
Floor Size
188m2
Land Size
705m2
Local Government
Lake Macquarie
Lot/Plan
8/DP242073

Last Listing description (May 2024)

DA Plans available upon request!

Step into an exceptional development opportunity at Fennell Bay, where potential seamlessly meets location. Presenting a rare find on a generous 927-square-metre parcel of land, this site comes complete with DA approval, poised to capitalise on its central locale.

Boasting three bedrooms and a bathroom, the existing house offers an immediate living solution while you plan your development project. The property's proximity to the glistening lake, just a stone's throw away, ensures any future construction will resonate with those seeking a blend of lifestyle and convenience.

Nestled in a community-oriented neighbourhood, this prime land is an easy stroll from a vibrant selection of shops, cafes, restaurants, and esteemed schools, ensuring the essentials of life are never far from your doorstep. With such a sought-after position, the development potential here is palpable, and the site is perfectly suited for investors or developers ready to harness its full potential.

Whether you're looking to invest in the growing Lake Macquarie market or embark on a new project, this property presents a golden opportunity that is simply too good to pass up.

Don't miss your chance to develop in one of the region's fasted growing areas, where peace meets prosperity and potential knows no bounds.

Disclaimer:
All information contained in this listing is provided to Global Property by the third parties, and is intended as a guide only. No warranty is given as to it's accuracy and purchasers should rely on their own inquiries.

Property History for 1 Cartwright St, Fennell Bay, NSW 2283

A timeline of how this property has performed in the market
Last Sold
$945,000
17 Oct 2022
Listed for Rent
$1.20k/w
23 Apr 2024
  • 08 Apr 2024
    Listed for Rent $1,200 / week
  • 06 Feb 2024
    Listed for Sale 89 Macquarie Street Fennell Bay
  • 28 Nov 2022
    Listed for Rent $450 / week
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About Fennell Bay 2283

The size of Fennell Bay is approximately 2.8 square kilometres. It has 5 parks covering nearly 2.6% of total area. The population of Fennell Bay in 2011 was 1,473 people. By 2016 the population was 1,610 showing a population growth of 9.3% in the area during that time. The predominant age group in Fennell Bay is 60-69 years. Households in Fennell Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fennell Bay work in a trades occupation. In 2011, 74.7% of the homes in Fennell Bay were owner-occupied compared with 77.3% in 2016.

Fennell Bay has 823 properties. Over the last 5 years, Houses in Fennell Bay have seen a 75.34% increase in median value, while Units have seen a 54.97% increase. As at 31 October 2024:

  • The median value for Houses in Fennell Bay is $744,679 while the median value for Units is $627,544.
  • Houses have a median rent of $560 while Units have a median rent of $480.
There are currently 7 properties listed for sale, and no properties listed for rent in Fennell bay on OnTheHouse. According to CoreLogic's data, 43 properties were sold in the past 12 months in Fennell bay.

Suburb Insights for Fennell Bay 2283

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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.