SOLD
Sold on 19 Jan 2024 for $540,000

53 Grace Street
Lake Cargelligo NSW 2672

Bedrooms: 7
Bathrooms: 3
Car spaces: 5
Floor area: 350m2
Land area: 2025m2
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Property Details for 53 Grace St, Lake Cargelligo

53 Grace St, Lake Cargelligo is a 7 bedroom, 3 bathroom House with 5 parking spaces and was built in 1930. The property has a land size of 2025m2 and floor size of 350m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 7 bedroom House sold in Lake Cargelligo in the last 12 months.

Building Type
House
Year Built
1930
Floor Size
350m2
Land Size
2025m2
Local Government
Lachlan
Lot/Plan
11/46/DP758595

Last Listing description (August 2023)

An opportunity has arisen for an astute business minded family to snap up a bargain. Located a very short walk to shops and lakefront, this property has location, size and style and with an amazingly tiny price tag for a home this special. Truly something not to be missed. All up there are potentially 9 bedrooms and 3 bathrooms, 2 large lounge areas, a large kitchen and laundry of commercial quality, 5 car garage spaces plus workshop. The yard has a full-size orchard and there is a lovely outdoor entertaining space, largen enough for huge gatherings.

Switch it to a duplex and lease out 2 units, turn it into a Bed and Breakfast, Air BnB, use the front section for your own home and rent out the back rooms to visitors and workers in a boarding house style. Depending on the configuration you choose there is the potential for huge rental return.
Listing Agents ABC Property Sales are excited to add this wonderful investment property to their listing portfolio and anticipate astute buyers to move quickly on it. Call today to book your investments.

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Property History for 53 Grace St, Lake Cargelligo, NSW 2672

A timeline of how this property has performed in the market
Last Sold
$540,000
19 Jan 2024
  • 19 Jan 2024
    Sold for $540,000
  • 22 Nov 2022
    Listed for Sale $550,000
  • 10 Aug 1999
    Sold for $95,000

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About Lake Cargelligo 2672

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 33.98% increase in median value, while Units have seen a 113.21% increase. As at 30 November 2024:

  • The median value for Houses in Lake Cargelligo is $139,047 while the median value for Units is $297,434.
There are currently 1 property listed for sale, and no properties listed for rent in Lake cargelligo on OnTheHouse. According to CoreLogic's data, 35 properties were sold in the past 12 months in Lake cargelligo.

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