53 Foster St, Lake Cargelligo is a 2 bedroom, 1 bathroom House and was built in 1920. The property has a land size of 1014m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in August 2017.
Here is a great investment opportunity situated in a convenient location within walking distance to all amenities.
The property consists of 2 x 2 bedroom flats with open plan living/dining and separate bathroom.
Previously rented for $110pw there is potential to increase to $150pw after renovations.
The size of Lake Cargelligo is approximately 1,746.7 square kilometres. It has 3 parks covering nearly 1.2% of total area. The population of Lake Cargelligo in 2011 was 1,380 people. By 2016 the population was 1,448 showing a population growth of 4.9% in the area during that time. The predominant age group in Lake Cargelligo is 0-9 years. Households in Lake Cargelligo are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lake Cargelligo work in a managers occupation. In 2011, 63.9% of the homes in Lake Cargelligo were owner-occupied compared with 62.1% in 2016.
Lake Cargelligo has 1,013 properties. Over the last 5 years, Houses in Lake Cargelligo have seen a 22.52% increase in median value, while Units have seen a 113.21% increase. As at 31 October 2024:
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