OFF MARKET

41 Kenibea Avenue
Kahibah NSW 2290

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 85m2
Land area: 2023m2
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Last updated 11 Nov 2024
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Property Details for 41 Kenibea Ave, Kahibah

41 Kenibea Ave, Kahibah is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 2023m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
House
Floor Size
85m2
Land Size
2023m2
Local Government
Lake Macquarie
Lot/Plan
B/DP368439

Last Listing description (June 2021)

Spanning a total of 2,022sqm with an approximate 20.11m frontage, this bumper parcel of land plays host to an original 3 bedroom home that's in need of a complete renovation.

Such a large block will inspire the growing family to build their dream home in a desirable location, while the R3 Medium Density Residential zoning allows for a range of options including multi-dwelling housing, similar to new townhouse developments recently completed in the immediate surrounds.

Perfectly positioned to enjoy the Fernleigh Track and Kahibah Sports Club, as well as having a new childcare centre at the end of the street, the local school and shopping village in walking distance and both Westfield and Charlestown Square just 5-minutes away, this is an exceptional rebuild or development opportunity with exciting potential to capitalise.

- 2,022sqm block with approximate dimensions of 20.11m x 100.58m
- Original weatherboard home in need of a complete renovation
- 1km from Kahibah Public school and 1.3km from Whitebridge High
- Perfectly positioned to enjoy the Fernleigh Track and Kahibah Sports Club
- Less than 5-minutes' drive to Dudley Beach and 10 minutes to Redhead
- All building work is subject to approval from Lake Macquarie Council
- Option to have tenant in place while plans are being approved, currently returning $330pw

Property History for 41 Kenibea Ave, Kahibah, NSW 2290

A timeline of how this property has performed in the market
Last Sold
$1,001,000
18 Jun 2021
Listed for Rent
$330/w
27 Apr 2020
  • 18 Jun 2021
    Sold for $1,001,000
  • 03 May 2021
    Listed for Sale OFFERS NOW CLOSED
  • 02 Apr 2020
    Listed for Rent $330 / week
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About Kahibah 2290

The size of Kahibah is approximately 1.1 square kilometres. It has 5 parks covering nearly 16.7% of total area. The population of Kahibah in 2011 was 2,083 people. By 2016 the population was 2,473 showing a population growth of 18.7% in the area during that time. The predominant age group in Kahibah is 0-9 years. Households in Kahibah are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kahibah work in a professional occupation. In 2011, 76.7% of the homes in Kahibah were owner-occupied compared with 75.9% in 2016.

Kahibah has 1,305 properties. Over the last 5 years, Houses in Kahibah have seen a 72.36% increase in median value, while Units have seen a 53.49% increase. As at 31 October 2024:

  • The median value for Houses in Kahibah is $976,845 while the median value for Units is $761,578.
  • Houses have a median rent of $580 while Units have a median rent of $630.
There are currently 7 properties listed for sale, and no properties listed for rent in Kahibah on OnTheHouse. According to CoreLogic's data, 45 properties were sold in the past 12 months in Kahibah.

Suburb Insights for Kahibah 2290

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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.