1524 Ocean DriveLake Cathie NSW 2445
Property Details for 1524 Ocean Dr, Lake Cathie
1524 Ocean Dr, Lake Cathie is a 2 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 656m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
Last Listing description (April 2023)
This unique beach cottage beaming with character and untapped opportunity sits high on a 640sqm block with a stunning easterly aspect, boasting never to be built out views from Lighthouse Beach to Point Perpendicular. Nestled in the heart of Lake Cathie, a short walk to the beach, conveniently located to shops, restaurants, schools and transport.
Enjoy indoor-outdoor living with large bi-fold doors onto the covered back deck. Soak in the views and the sounds of nature from your master bedroom. Sit and watch the dolphins play from the comfort of your home. The large outdoor alfresco area with built-in BBQ and sink is the perfect area to watch the waves roll in or relax and take in the stunning sunrise over the ocean. Large back yard with rainwater tanks, chook pen, 'man cave' with electricity, toilet and plumbing, ample under house storage. Potential for pool or two storey house (STCA).
Secure your beach lifestyle now! This is a once in a lifetime opportunity to secure a rare property in a sought after area. The cottage is perfect for couples, down-sizers, holiday makers or investors. The possibilities are limitless, live in the cottage as is or renovate to your own style.
Council Rates $3,000 per annum
Water $90 per quarter
Highlights:
Single level home, gas stove
Timber floors throughout
Solar panels
Single lock up garage and carport
Parking space for boat, van, trailer
Gardens with man shed, rainwater tanks, chook pen
Delayed settlement end Jan 2023
Property History for 1524 Ocean Dr, Lake Cathie, NSW 2445
- 18 Nov 2022Sold for $1,314,000
- 26 Oct 2022Listed for Sale Under Offer
- 25 Sep 1997Sold for $131,000
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0About Lake Cathie 2445
The size of Lake Cathie is approximately 18.4 square kilometres. It has 6 parks covering nearly 50.6% of total area. The population of Lake Cathie in 2011 was 2,997 people. By 2016 the population was 3,506 showing a population growth of 17.0% in the area during that time. The predominant age group in Lake Cathie is 60-69 years. Households in Lake Cathie are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lake Cathie work in a professional occupation. In 2011, 73.7% of the homes in Lake Cathie were owner-occupied compared with 78.2% in 2016.
Lake Cathie has 2,587 properties. Over the last 5 years, Houses in Lake Cathie have seen a 58.24% increase in median value, while Units have seen a 51.77% increase. As at 31 October 2024:
- The median value for Houses in Lake Cathie is $949,088 while the median value for Units is $576,078.
- Houses have a median rent of $690 while Units have a median rent of $495.
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