70 Gregadoo RoadLake Albert NSW 2650
Property Details for 70 Gregadoo Rd, Lake Albert
70 Gregadoo Rd, Lake Albert is a 4 bedroom, 3 bathroom House with 5 parking spaces. The property has a land size of 1.97ha. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 4 bedroom House sold in Lake Albert in the last 12 months.
Last Listing description (April 2024)
"Coonawarra"
An iconic, tightly held property, perched high on the crest overlooking Lake Albert, adjacent to The Grange and opposite Mater Dei Catholic college
An imposing homestead style residence, it takes advantage of the elevated position with a view over Lake Albert to the North.
Features include;
Four bedrooms plus office
Main bedroom with ensuite and walk in robe
Main bathroom and additional shower in the laundry
Wrap around verandah
Multiple areas for versatile living
Externally the established trees frame the home and provide sanctuary from the busy world.
The large concrete, salt-water pool is ideally positioned at the front of the home to provide hours of family fun while taking in the outlook.
Extra large shedding with high bay electric roller doors provides plenty of room for storage and workshop.
Set on 1.97 Hectares or 4.87 acres, the property adjoins land that has been approved for 1 acre subdivision, subject to approval there is future potential for part, if not all of the property to be subdivided, giving future upside.
On the market for the first time in 57 years, the property is for sale by Public Auction on 20th April 2024.
Property History for 70 Gregadoo Rd, Lake Albert, NSW 2650
- 30 Aug 2022Sold for $2,500,000
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0About Lake Albert 2650
The size of Lake Albert is approximately 24.7 square kilometres. It has 10 parks covering nearly 3.5% of total area. The population of Lake Albert in 2011 was 5,881 people. By 2016 the population was 6,190 showing a population growth of 5.3% in the area during that time. The predominant age group in Lake Albert is 10-19 years. Households in Lake Albert are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lake Albert work in a professional occupation. In 2011, 81.2% of the homes in Lake Albert were owner-occupied compared with 79.7% in 2016.
Lake Albert has 2,787 properties. Over the last 5 years, Houses in Lake Albert have seen a 89.21% increase in median value, while Units have seen a 54.50% increase. As at 31 October 2024:
- The median value for Houses in Lake Albert is $705,537 while the median value for Units is $353,259.
- Houses have a median rent of $520 while Units have a median rent of $320.
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