OFF MARKET

7 Koribah Avenue
Lake Cathie NSW 2445

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 558m2
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Last updated 11 Nov 2024
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Property Details for 7 Koribah Ave, Lake Cathie

7 Koribah Ave, Lake Cathie is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 558m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
House
Year Built
1960
Floor Size
70m2
Land Size
558m2
Local Government
Port Macquarie-Hastings
Lot/Plan
4/DP249423

Last Listing description (December 2022)

This perfectly positioned beach cottage complete with fire place and beautiful timber floors throughout is on offer ready for its new owner. Ideal for an investment with a tenant in place looking after it like her own or those weekend getaways as a holiday house. It could also be the perfect start for someone entering the property market or looking for development potential (STCA)
It is oozing with potential.

This property is perfectly located within a level walk to the beach, Lake Foreshore, sporting fields, Bowling Club, skate park and shops. Offering 2 bedrooms, open plan living plus good size kitchen, bathroom, separate laundry, and front veranda. All perched on a 556m2 block. There is a single garage at the rear of the home for storage and fantastic side access into the rear yard for the boat and van.

- Perfectly located walking distance to Lake, Beach, Club and specialty shops
- 2 Bedrooms, main bedroom spacious
- Open plan Lounge/dining with combustion fire
- Single garage and side access to rear yard
- Oozing with potential

Property Details:
Council Rates: $2,760 pa
Land Size: 556 sqm
Rental Potential: $360 to $390 per week

DISCLAIMER: The information contained in the advertising of this property is based on information provided to 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.

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Property History for 7 Koribah Ave, Lake Cathie, NSW 2445

A timeline of how this property has performed in the market
Last Sold
$710,000
29 Sep 2022
  • 29 Sep 2022
    Sold for $710,000
  • 17 Aug 2022
    Listed for Sale Contact Agent
  • 17 Aug 2017
    Sold for $430,000
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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 2,588 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, 142 properties were sold in the past 12 months in Lake cathie.

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