OFF MARKET

36 Rakumba Road
Gwandalan NSW 2259

Bedrooms: 3
Bathrooms: 3
Car spaces: -
Floor area: 183m2
Land area: 819m2
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Property Details for 36 Rakumba Rd, Gwandalan

36 Rakumba Rd, Gwandalan is a 3 bedroom, 3 bathroom House and was built in 2023. The property has a land size of 819m2 and floor size of 183m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
House
Year Built
2023
Floor Size
183m2
Land Size
819m2
Local Government
Central Coast
Lot/Plan
23/18/DP27853

Last Listing description (October 2023)

Attention all investors and developers on the hunt for future potential, this vacant land is guaranteed to tick all the boxes. The enviable corner block location and DA approval for a two-lot subdivision with dual occupancy make this an exciting opportunity that's simply too good to miss.

Depending on your vision for the site, you could subdivide the land and sell off the lots individually or build two new modern homes, reap fantastic rental returns and bolster your investment portfolio (STCA), the choice is all yours when it comes to 36 Rakumba Road.

The prime location is guaranteed to attract a wide range of residents eager to call this future development home. Picturesque lakeside parklands and the local boat ramp are just moments away plus you can be at the Gwandalan Public School in less than five minutes by car. A 10-minute drive will have you in Lake Munmorah while Swansea is only 20 minutes away ensuring absolute convenience.

Property History for 36 Rakumba Rd, Gwandalan, NSW 2259

A timeline of how this property has performed in the market
Last Sold
$600,000
12 Aug 2021
  • 02 Oct 2023
    Listed for Sale Not Disclosed
  • 12 Aug 2021
    Sold for $600,000
  • 11 Jun 2021
    Listed for Sale Under Offer
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About Gwandalan 2259

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:

  • The median value for Houses in Gwandalan is $780,097 while the median value for Units is $560,366.
  • Houses have a median rent of $585.
There are currently 22 properties listed for sale, and 2 properties listed for rent in Gwandalan on OnTheHouse. According to CoreLogic's data, 72 properties were sold in the past 12 months in Gwandalan.

Suburb Insights for Gwandalan 2259

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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.