SOLD
Sold on 16 Aug 2024 for $620,000

1719 Ocean Drive
Lake Cathie NSW 2445

Bedrooms: 4
Bathrooms: 1
Car spaces: 3
Floor area: 206m2
Land area: 614m2
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Hem Property Port Macquarie
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Property Details for 1719 Ocean Dr, Lake Cathie

1719 Ocean Dr, Lake Cathie is a 4 bedroom, 1 bathroom House with 3 parking spaces and was built in 1980. The property has a land size of 614m2 and floor size of 206m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 4 bedroom House sold in Lake Cathie in the last 12 months.

Building Type
House
Year Built
1980
Floor Size
206m2
Land Size
614m2
Local Government
Port Macquarie-Hastings
Lot/Plan
5/DP246188

Last Listing description (September 2024)

Positioned across the road to the beaches and within a short walk to the Lake, shops, cafes, Bowling Club, parks, walking tracks and barbeque spots, this property is all about the magical location and the future potential the very original presents.

For the brave renovators out there, the house itself does appear to have good bones, but is truly in need of a total renovation from top to bottom, so could be a great option for the builders out there in search of a challenge.

Set on a commanding 650 sqm of completely level land and with the desired Northerly aspect, it does also offer a multitude of development possibilities to the next owner. The option to capitalise on the value of the block and location, it is a great knock-down and re-build opportunity, where you have massive scope for the ultimate project to create your dream, forever home or possibly build some high-end duplexes STCA.

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.

- Across the road from the beach
- 400m to Lake Cathie Bowling Club
- 350m to the skatepark

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Property History for 1719 Ocean Dr, Lake Cathie, NSW 2445

A timeline of how this property has performed in the market
Last Sold
$620,000
16 Aug 2024
  • 16 Aug 2024
    Sold for $620,000
  • 31 Jul 2024
    Listed for Sale Not Disclosed
  • 13 Dec 2023
    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 2,594 properties. Over the last 5 years, Houses in Lake Cathie have seen a 49.24% increase in median value, while Units have seen a 61.63% increase. As at 30 November 2024:

  • The median value for Houses in Lake Cathie is $953,429 while the median value for Units is $607,323.
  • Houses have a median rent of $700 while Units have a median rent of $600.
There are currently 35 properties listed for sale, and 4 properties listed for rent in Lake cathie on OnTheHouse. According to CoreLogic's data, 134 properties were sold in the past 12 months in Lake cathie.

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