SOLD
Sold on 08 Nov 2023 for $595,000

2/1614 Ocean Drive
Lake Cathie NSW 2445

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 80m2
Land area: 1299m2
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Property Details for 2/1614 Ocean Dr, Lake Cathie

2/1614 Ocean Dr, Lake Cathie is a 2 bedroom, 1 bathroom Townhouse and was built in 1992. The property has a land size of 1299m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Townhouse sold in Lake Cathie in the last 12 months.

Building Type
Townhouse
Year Built
1992
Floor Size
80m2
Land Size
1299m2
Local Government
Port Macquarie-Hastings
Lot/Plan
2/SP37500

Last Listing description (February 2024)

Outstanding location metres to Lake Cathie Shopping Centre and about 200 metres level walk to the beach. Beautifully presented modern Villa recently renovated featuring new kitchen with stone benches, on-trend glass splash backs, breakfast bar, large pantry, range hood etc. Both bedrooms include built-in wardrobes, main with ceiling fan and split air-conditioning. Both main bedroom and living area flow to enclosed front north facing courtyard. Single garage has internal access while the private rear garden includes garden shed. Pets not considered. Available now. Initial letting twelve month lease.

All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must rely on their own enquiries.

Property Code: 1842

Property History for 2/1614 Ocean Dr, Lake Cathie, NSW 2445

A timeline of how this property has performed in the market
Last Sold
$595,000
08 Nov 2023
Listed for Rent
$500/w
23 Feb 2024
  • 04 Dec 2023
    Listed for Rent $500 / week
  • 08 Nov 2023
    Sold for $595,000
  • 01 Aug 2023
    Listed for Sale $650,000
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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 2,589 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, 148 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.