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Sold on 08 Aug 2024 - Price Unavailable

25 Prospect Road
Garden Suburb NSW 2289

Bedrooms: 5
Bathrooms: 2
Car spaces: 1
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Property Details for 25 Prospect Rd, Garden Suburb

25 Prospect Rd, Garden Suburb is a 5 bedroom, 2 bathroom House with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 5 bedroom House sold in Garden Suburb in the last 12 months.

Building Type
House
Local Government
Lake Macquarie
Lot/Plan
41/DP9746

Last Listing description (August 2024)

Enjoying 20m of frontage, in popular Garden Suburb, rarely is there such an opportunity to acquire a parcel of land of this size, with so many future options.

Currently set up as a dual income with two tenants, downstairs features 4 good sized bedrooms, a functional kitchen and bathroom, with a separate family room. Moving upstairs, is an open plan lounge and dining area, featuring raked ceilings, tidy kitchen and bathroom, a good sized bedroom. Alternatively, the property could easily be converted back to one large home.

Being fully cleared, there is potential for a small lot subdivision, subject to council approval. Additionally, perfect for someone looking for a lifestyle lot, in the city. All of this, just minutes from local schools, major shopping centres.

To arrange an inspection, feel free to contact Shaun Elms on 0425 285 979

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 25 Prospect Rd, Garden Suburb, NSW 2289

A timeline of how this property has performed in the market
Last Sold
08 Aug 2024
Listed for Rent
$340/w
28 Dec 2022
  • 08 Aug 2024
    Sold for $1,350,000
  • 29 Apr 2024
    Listed for Sale $1,400,000
  • 30 Dec 2021
    Listed for Sale $1,350,000
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About Garden Suburb 2289

The size of Garden Suburb is approximately 1.7 square kilometres. It has 2 parks covering nearly 3% of total area. The population of Garden Suburb in 2011 was 1,927 people. By 2016 the population was 1,921 showing a population decline of 0.3% in the area during that time. The predominant age group in Garden Suburb is 10-19 years. Households in Garden Suburb are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Garden Suburb work in a professional occupation. In 2011, 86.7% of the homes in Garden Suburb were owner-occupied compared with 88.5% in 2016.

Garden Suburb has 726 properties. Over the last 5 years, Houses in Garden Suburb have seen a 66.37% increase in median value, while Units have seen a 7.07% increase. As at 31 August 2024:

  • The median value for Houses in Garden Suburb is $1,015,756 while the median value for Units is $653,576.
  • Houses have a median rent of $635.
There are currently 2 properties listed for sale, and no properties listed for rent in Garden suburb on OnTheHouse. According to CoreLogic's data, 33 properties were sold in the past 12 months in Garden suburb.

Suburb Insights for Garden Suburb 2289

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Contact agent
Shaun Elms
Show contact details
Ray White Newcastle Lake Macquarie
Preferred contact:
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.