SOLD
Sold on 18 Oct 2024 for $800,000

118 Mccarthy Road
Lake Wyangan NSW 2680

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 7.21ha
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Property Details for 118 Mccarthy Rd, Lake Wyangan

Building Type
Rural
Land Size
7.21ha

Last Listing description (October 2024)

If you have been waiting in the market for a lifestyle property on the fringe of the city, well we know you're going to love the opportunity that 118 McCarthy Road delivers.
 
Located approximately 5km from the hospital and medical precinct, this 7.2hectare land holding forms part of the Griffith City Councils proposed stage 2 growth and residential rezoning plans for the Lake Wyangan Village. This is an opportunity that allows the next owners to enjoy a lifestyle property whilst opening the door as a strategic investment for the future.

 
The property is established with fully fenced paddocks ideal for fattening stock or the perfect setup for those with horses. Each paddock has self-filling water troughs and fixed animal shelters. The farm set up is complete with stock yards, loading ramp and large machinery shed.
 
The comfortable 3 bedroom is well maintained, fully fenced and ready to move in or rent out. The floor plan boasts a large sunroom that would be ideal for entertaining and overlooks the open space of the farm.

Complete with tar road frontage, A Murrumbidgee Irrigation Water Licence and access to council services including town water, 118 McCarthy Road Lake Wyangan is an ideal lifestyle property presenting new owners with the opportunity to benefit in the future from the proposed village rezoning plans.

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Property History for 118 Mccarthy Rd, Lake Wyangan, NSW 2680

A timeline of how this property has performed in the market
Last Sold
$800,000
18 Oct 2024
  • 18 Oct 2024
    Sold for $796,500
  • 22 Jul 2024
    Listed for Sale SOLD
  • 13 Jan 2017
    Sold for $420,000
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About Lake Wyangan 2680

The size of Lake Wyangan is approximately 30.2 square kilometres. The population of Lake Wyangan in 2011 was 902 people. By 2016 the population was 891 showing a population decline of 1.2% in the area during that time. The predominant age group in Lake Wyangan is 10-19 years. Households in Lake Wyangan are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lake Wyangan work in a managers occupation. In 2011, 81.7% of the homes in Lake Wyangan were owner-occupied compared with 81.2% in 2016.

Lake Wyangan has 427 properties. Over the last 5 years, Houses in Lake Wyangan have seen a 65.71% increase in median value, while Units have seen a -8.25% decrease. As at 28 February 2025:

  • The median value for Houses in Lake Wyangan is $725,323 while the median value for Units is $422,989.
There are currently 3 properties listed for sale, and no properties listed for rent in Lake wyangan on OnTheHouse. According to CoreLogic's data, 17 properties were sold in the past 12 months in Lake wyangan.

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