SOLD
Sold on 26 Aug 2024 for $380,000

29 Solomon Drive
Lake Cathie NSW 2445

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 676m2
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Property Details for 29 Solomon Dr, Lake Cathie

Building Type
Land
Land Size
676m2
Local Government
Port Macquarie-Hastings
Lot/Plan
10/DP1298779

Last Listing description (August 2024)

Embrace the perfect opportunity to create your ideal home on this prime vacant block of land in the beautiful Lake Cathie. This near level, registered block offers an ideal canvas for a variety of home designs in a highly sought-after location.

Key Features:
- Generous 676sqm block

- Impressive 26.5m frontage, ideal for side access for boats, caravans, or trailers
- All essential services available, including water, electricity, and sewer connections
- One of five premier blocks in the area
- Fantastic location, close to local amenities and natural attractions

Spanning 676sqm, this block boasts a generous 26.5m frontage, providing ample space for side access, perfect for accommodating boats, caravans, or trailers. With essential services such as water, electricity, and sewer connections readily available, you can start your building journey with ease.

As one of only five premier blocks available, this parcel of land offers a rare chance to secure a spot in a desirable neighbourhood. The wide frontage and convenient location make it an attractive option for families and investors alike. Enjoy the best of coastal living with local amenities, beautiful beaches, and serene natural attractions just a stone's throw away.

Secure this unique piece of land and start planning your future today. Contact Paul Loughland 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 29 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 2,579 properties. Over the last 5 years, Houses in Lake Cathie have seen a 55.44% increase in median value, while Units have seen a 58.55% increase. As at 30 September 2024:

  • The median value for Houses in Lake Cathie is $931,142 while the median value for Units is $595,048.
  • Houses have a median rent of $690 while Units have a median rent of $480.
There are currently 41 properties listed for sale, and 2 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.