24 Koowong Rd, Gwandalan is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 600m2. While the property is not currently for sale or for rent, it was last sold in March 2022.
Positioned moments from the idyllic shores of Lake Macquarie, this blank canvas property offers an incredible opportunity to perform a full renovation or knock down and rebuild, subject to council approval.
The generous corner block is approximately 632m2 in size and is considerably level and versatile. The current dwelling includes three bedrooms, one bathroom and double car garage.
Consider a lifestyle by the lake with the provision to build your dream home, or add to your investment portfolio.
With only a short walk to the lake, boat ramp, Gwandalan Bowling Club, Gwandalan Public School, Lake Munmorah High School and local shops, this quiet and peaceful setting beams with opportunity.
- Incredible investment or new home build opportunity (STCA)
- Generous sized block, approx. 632m2
- Desirably flat, corner block position
- Current dwelling includes 3 beds, 1 bathroom, 2 car garage
- Short walk to lake, boat ramp and Gwandalan Bowling Club
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 1,833 properties. Over the last 5 years, Houses in Gwandalan have seen a 64.20% increase in median value, while Units have seen a 32.66% increase. As at 30 September 2024:
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