OFF MARKET

4 Garema Road
Gwandalan NSW 2259

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 130m2
Land area: 541m2
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Property Details for 4 Garema Rd, Gwandalan

4 Garema Rd, Gwandalan is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 541m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
House
Year Built
1960
Floor Size
130m2
Land Size
541m2
Local Government
Central Coast
Lot/Plan
28/9/DP27719

Last Listing description (November 2020)

Perched high on a corner block with lake views down the street and only a short distance of approximately 200m to the water's edge of Lake Macquarie is this amazing first home or investment opportunity located in a peaceful pocket of Gwandalan

The renovated home features two large bedrooms, renovated bathroom, a two car garage, and an outdoor entertaining area boasting lake views. Built on a 556 sqm corner block this property offers the opportunity to build a second dwelling (STCA) for the in laws or to maximise the investment return.

Council Rates - $1,385.00p/a approx.

Water Rates - $650.00p/a approx.
Land Size - 556sqm approx.

*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*

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Property History for 4 Garema Rd, Gwandalan, NSW 2259

A timeline of how this property has performed in the market
Last Sold
$500,000
07 Oct 2020
  • 26 Apr 2023
    Sold
  • 07 Oct 2020
    Sold for $500,000
  • 08 Apr 2020
    Listed for Sale Contact Agent
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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 1,863 properties. Over the last 5 years, Houses in Gwandalan have seen a 61.12% increase in median value, while Units have seen a 50.07% increase. As at 30 November 2024:

  • The median value for Houses in Gwandalan is $791,455 while the median value for Units is $580,063.
  • Houses have a median rent of $590.
There are currently 22 properties listed for sale, and 3 properties listed for rent in Gwandalan on OnTheHouse. According to CoreLogic's data, 84 properties were sold in the past 12 months in Gwandalan.

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