SOLD
Sold on 26 Aug 2024 for $380,000

25 Solomon Drive
Lake Cathie NSW 2445

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 621m2
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Property Details for 25 Solomon Dr, Lake Cathie

Building Type
Land
Land Size
621m2
Local Government
Port Macquarie-Hastings
Lot/Plan
8/DP1298779

Last Listing description (August 2024)

Discover the perfect canvas for your dream home in the serene coastal setting of Lake Cathie. This near-level, registered block offers a rare opportunity to build in one of the area's most sought-after locations. Spanning a generous 621sqm with an impressive 21m frontage, this property is ideally suited for those needing extra space for boats, caravans, or trailers.

Key Features:
- Near-level, registered block

- Prime 621sqm parcel with a 21m frontage
- Water, electricity, and sewer connections available
- One of five premier blocks available
- Wide frontage perfect for side access for boats, caravans, or trailers

Situated among only five premier blocks available, this parcel provides the perfect blend of space and convenience. Enjoy the peace of mind with essential services like water, electricity, and sewer connections readily available, making your building process seamless. The block's wide frontage not only enhances the property's appeal but also offers versatile design options for your future home.

Embrace the lifestyle that Lake Cathie offers, with its pristine beaches, local parks, and vibrant community. This is more than just a piece of land; it's the beginning of your next chapter in a picturesque coastal village.

Secure your slice of Lake Cathie's tranquillity and start planning your dream home today. Contact Paul and the NPB Team today!

Paul Loughland: 0402 639 265
NPB Office: 0447 020 742

Located conveniently, approximately:
- 800m to Lake Cathie Medical Centre
- 1.2km to Middle Rock Boardwalk and Rainbow Beach
- 1.6km to Lake Cathie Public School
- 1.9km to Rainbow Beach Sporting Fields
- 2.4km to Lake Cathie Shopping Village including Woolworths, cafes, speciality shops and Lake Cathie Tavern
- 4.9km to Bonny Hills Surf Club, Bar and Cafe or walk along the beach
- 19km to Port Macquarie CBD
- 22.2km to Port Macquarie Base Hospital
- 23.5km to Port Macquarie Airport

DISCLAIMER: The information contained in the advertising of this property is not based on any independent enquiries or knowledge of the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.

Property History for 25 Solomon Dr, Lake Cathie, NSW 2445

A timeline of how this property has performed in the market
Last Sold
$380,000
26 Aug 2024
  • 26 Aug 2024
    Sold for $380,000
  • 07 Aug 2024
    Listed for Sale $500,000 - $550,000

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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 2,590 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.
There are currently 38 properties listed for sale, and 3 properties listed for rent in Lake cathie on OnTheHouse. According to CoreLogic's data, 140 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.