OFF MARKET

24 Lake Road
Fennell Bay NSW 2283

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 96m2
Land area: 658m2
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Property Details for 24 Lake Rd, Fennell Bay

24 Lake Rd, Fennell Bay is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 658m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
House
Year Built
1960
Floor Size
96m2
Land Size
658m2
Local Government
Lake Macquarie
Lot/Plan
9/B/DP8643

Last Listing description (April 2021)

Offering the best value for money currently available in this popular lakeside suburb, this property is a must to see!

Leased to great tenants for $380 per week, this home makes an excellent investment to secure at todays price and keep for the long term or to consider moving in later in the future.

Features include two bedrooms, both with built-in wardrobes, separate lounge room with split system air conditioning, central kitchen opening to dining room, polished timber floors and high ceilings throughout. The front porch offers lake views, and out the back a covered entertaining area overlooks a family and pet-friendly yard. You will have no issue with parking either as this property boasts a single garage and carport, plus an extra storage shed.


With all this and so much more including the potential for further development or the addition of a granny flat (subject to council approval), and being within walking distance to the shores of Lake Macquarie, you wont regret buying in this great location.

Call our friendly staff today on 02 4958 8555 to book an inspection.

Property History for 24 Lake Rd, Fennell Bay, NSW 2283

A timeline of how this property has performed in the market
Last Sold
$571,000
15 Mar 2021
Listed for Rent
$380/w
21 Apr 2020
  • 15 Mar 2021
    Sold for $571,000
  • 10 Mar 2021
    Listed for Sale $571,000.00
  • 06 Apr 2020
    Listed for Rent $380 / 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 828 properties. Over the last 5 years, Houses in Fennell Bay have seen a 81.66% increase in median value, while Units have seen a 51.05% increase. As at 31 July 2024:

  • The median value for Houses in Fennell Bay is $749,175 while the median value for Units is $596,170.
  • Houses have a median rent of $550 while Units have a median rent of $450.
There are currently 9 properties listed for sale, and 1 property listed for rent in Fennell bay on OnTheHouse. According to CoreLogic's data, 38 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.