24 Lake RoadFennell Bay NSW 2283
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.
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
- 15 Mar 2021Sold for $571,000
- 10 Mar 2021Listed for Sale $571,000.00
- 06 Apr 2020Listed 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 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.
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