SOLD
Sold on 26 Jun 2024 for $740,000

16 Elanora Drive
Lake Cathie NSW 2445

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 180m2
Land area: 774m2
Sold By
Hem Property Port Macquarie
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Property Details for 16 Elanora Dr, Lake Cathie

16 Elanora Dr, Lake Cathie is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 2002. The property has a land size of 774m2 and floor size of 180m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Lake Cathie in the last 12 months.

Building Type
House
Year Built
2002
Floor Size
180m2
Land Size
774m2
Local Government
Port Macquarie-Hastings
Lot/Plan
7/DP30208

Last Listing description (July 2024)

Positioned in one of the most tightly held streets in Lake Cathie, with-in walking distance to both the lake and ocean, is this original cottage that is being offered to the market for the very first time!

Sitting on the high side of the street, with the desired Northerly aspect, the house is set on a commanding 771sqm of land and offers a multitude of development opportunities to the next owner.

The cottage itself does need some love, but a discerning buyer could see its worth and with a bit of elbow grease it could be modernised or reconfigured depending on which option was the best for you. With side access to the back yard you could sub-divide and build on the rear of the block, or it might make more sense to remove the house altogether and redevelop the entire site.

Properties like this on such highly sought after sites are a rare find today and present an opportunity not to be missed. We are selling on or before auction day, so contact HEM Property today for full details.

- 300m to the Lake
- 400m to the beach
- 600m to Lake Cathie Tavern
- 600m to Woolworths

Property History for 16 Elanora Dr, Lake Cathie, NSW 2445

A timeline of how this property has performed in the market
Last Sold
$740,000
26 Jun 2024
  • 26 Jun 2024
    Sold for $740,000
  • 06 Mar 2024
    Listed for Sale Not Disclosed
  • 09 May 2019
    Sold

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About 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 2,588 properties. Over the last 5 years, Houses in Lake Cathie have seen a 58.30% increase in median value, while Units have seen a 58.92% increase. As at 31 August 2024:

  • The median value for Houses in Lake Cathie is $923,406 while the median value for Units is $585,348.
  • Houses have a median rent of $670 while Units have a median rent of $465.
There are currently 41 properties listed for sale, and 1 property listed for rent in Lake cathie on OnTheHouse. According to CoreLogic's data, 142 properties were sold in the past 12 months in Lake cathie.

Suburb Insights for Lake Cathie 2445

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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.