SOLD
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Sold on 15 Oct 2024 for $701,000

2 Franklin Drive
Lake Munmorah NSW 2259

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
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Property Details for 2 Franklin Dr, Lake Munmorah

2 Franklin Dr, Lake Munmorah is a 3 bedroom, 1 bathroom House with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Lake Munmorah in the last 12 months.

Building Type
House

Last Listing description (October 2024)

Serenely positioned in the renowned and highly sought after Pacific Lakes Estate, this superb property is a fabulous opportunity for first home buyers to gain a foothold in the market, and also should appeal to both downsizers and investors.
The Pacific Lakes Estate enjoys pools, BBQ & picnic areas, playground, park and walking trails, and is close to Public & Catholic Schools, as well as the scenic Munmorah State Conservation Area with its beautiful beaches and camping grounds.

- Spacious living and dining area with split system aircon flows onto a covered deck and low maintenance landscaped backyard

- Master bedroom boasts generous walk-ins. All beds with ceiling fans
- Open plan kitchen features 5 burner gas cooktop, dual sink, dishwasher and very handy double door pantry
- 2 way access bathroom has separate shower and bathtub
- Good sized internal laundry with adjacent 2nd toilet
- Double garage with internal access
- Land size approx 390sqm

Approx outgoings per quarter:
Community Title Levy: $571.40
Council rates: $338.92
Water rates: $248.00

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Property History for 2 Franklin Dr, Lake Munmorah, NSW 2259

A timeline of how this property has performed in the market
Last Sold
$701,000
15 Oct 2024
  • 15 Oct 2024
    Sold for $701,000
  • 15 Aug 2024
    Listed for Sale $701,000.00
  • 30 May 2023
    Listed for Rent $490 weekly
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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 28 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.

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