SOLD
Sold on 06 Sep 2024 for $675,000

1/16 Mercator Close
Lake Munmorah NSW 2259

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Floor area: 147m2
Land area: 302m2
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Property Details for 1/16 Mercator Cl, Lake Munmorah

1/16 Mercator Cl, Lake Munmorah is a 4 bedroom, 1 bathroom House with 1 parking spaces and was built in 2004. The property has a land size of 302m2 and floor size of 147m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 4 bedroom House sold in Lake Munmorah in the last 12 months.

Building Type
House
Year Built
2004
Floor Size
147m2
Land Size
302m2
Local Government
Central Coast
Lot/Plan
1/DP1167555

Last Listing description (May 2017)

Unique, architect designed property, first time offered! Situated in sought after beach suburb, the home backs onto National Park and is walking distance to the pristine Birdie Beach. Free standing home on it's own title, shared driveway.
* 4 bedrooms (with b/ins to 3) & extra large main with balcony, Takes advantage of the N/easterly breezes
* Modern open plan design with sleek kitchen featuring DW & gas cook-top

* Family room opens to rear patio & small lawn area. Low maintenance is the aim here!
* Loads of storage, side access, lock up garage with remote, air conditioning & heat pump HWS
Set at the end of an exclusive cul-de-sac, the home (one of three) exudes peace and tranquility.
Conveniently located to just about all amenities plus midway between Newcastle/Sydney/Hunter.
Fantastic investment currently returning $415pw, sea change home or, for the nomad, it provides a secure base.
Don't delay with this one!

Property History for 1/16 Mercator Cl, Lake Munmorah, NSW 2259

A timeline of how this property has performed in the market
Last Sold
$675,000
06 Sep 2024
  • 06 Sep 2024
    Sold for $675,000
  • 15 May 2017
    Sold for $535,000
  • 15 Mar 2017
    Listed for Sale $495,000-$540,000

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About Lake Munmorah 2259

The size of Lake Munmorah is approximately 5.6 square kilometres. It has 15 parks covering nearly 18.8% of total area. The population of Lake Munmorah in 2011 was 4,802 people. By 2016 the population was 5,241 showing a population growth of 9.1% in the area during that time. The predominant age group in Lake Munmorah is 70-79 years. Households in Lake Munmorah are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lake Munmorah work in a trades occupation. In 2011, 78.8% of the homes in Lake Munmorah were owner-occupied compared with 79.8% in 2016.

Lake Munmorah has 2,528 properties. Over the last 5 years, Houses in Lake Munmorah have seen a 61.63% increase in median value, while Units have seen a -37.08% decrease. As at 30 November 2024:

  • The median value for Houses in Lake Munmorah is $771,750 while the median value for Units is $407,846.
  • Houses have a median rent of $570.
There are currently 27 properties listed for sale, and 3 properties listed for rent in Lake munmorah on OnTheHouse. According to CoreLogic's data, 104 properties were sold in the past 12 months in Lake munmorah.

Suburb Insights for Lake Munmorah 2259

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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.