16 Pinaroo Rd, Gwandalan is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 499m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in March 2020.
This character filled bungalow offers a wonderful opportunity to secure a popular location. The diverse floor plan with two (2) bedroom home and separate guest accommodation has two (2) excellent tenancies in place.
Located close to village shops, restaurant, bakery, bowling club and the shores of beautiful Lake Macquarie whether you are looking to move in, holiday or continue with the current investment, this home is a must to inspect.
Charming home with various living options for first homebuyers or investors
Council Rates - $1,445.00p/a approx.
Water Rates - $650.00p/a approx.
Land Size - 525sqm approx.
Current Rental Return - $530p/w.
*E & OE. Please note that all information herein is gathered from sources we believe to be reliable, however we cannot guarantee its accuracy and interested parties should rely on their own enquiries*
The size of Gwandalan is approximately 3.2 square kilometres. It has 6 parks covering nearly 11% of total area. The population of Gwandalan in 2011 was 3,034 people. By 2016 the population was 3,268 showing a population growth of 7.7% in the area during that time. The predominant age group in Gwandalan is 60-69 years. Households in Gwandalan are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Gwandalan work in a trades occupation. In 2011, 75.2% of the homes in Gwandalan were owner-occupied compared with 78.3% in 2016.
Gwandalan has 1,830 properties. Over the last 5 years, Houses in Gwandalan have seen a 61.40% increase in median value, while Units have seen a 41.84% increase. As at 31 October 2024:
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