OFF MARKET

7A/7B Mornington Circuit
Gwandalan NSW 2259

Bedrooms: 6
Bathrooms: 3
Car spaces: -
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Property Details for 7a/7b Mornington Cct, Gwandalan

7a/7b Mornington Cct, Gwandalan is a 6 bedroom, 3 bathroom House.

Building Type
House
Local Government
Central Coast

Last Listing description (January 2023)

Situated in the wonderful lakeside suburb of Gwandalan, this dual-key home offers a great investment opportunity. This is dual living at its best, one side consisting of 4 bedrooms with ensuite to the main, a spacious open-plan kitchen and family room that spills out to an alfresco area. The other side is a 2-bedroom, 1-bathroom abode with generous living as well as an alfresco area. Sure to appeal to the astute investor, those that are looking for a home with in-law accommodation, or buyers looking for something to live in while also bringing in some income to put towards the mortgage. This offering is positioned in the increasingly popular suburb of Gwandalan, only a stone's throw away from the shores of Lake Macquarie, the village shops, public school, and with easy access to some of the best beaches the East Coast has to offer. All this only a little over 1 hour from Sydney and 45 minutes from Newcastle it just makes sense.- Dual-key property with appreciating rental returns; quality tenants in place- Lakeside location close to schools, lake, boat ramp, village shops, Gwandalan Bowling Club and more- Approximately 6 years old and in excellent condition- Rental appraisal available on requestKEY INFORMATION:Rates: $468.21 per quarter approx.Water: $348.30 service charges per quarter approx.Disclaimer: Every precaution has been taken to establish the accuracy of the above information, which we have gathered from sources we believe to be reliable; however, we cannot guarantee its accuracy and it does not constitute any representation by the vendor or agent.

Property History for 7a/7b Mornington Cct, Gwandalan, NSW 2259

A timeline of how this property has performed in the market
  • 27 Oct 2022
    Listed for Sale Guide $975,000

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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.