OFF MARKET

3/1 Derwent Crescent
Lakelands NSW 2282

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 87m2
Land area: 4312m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 3/1 Derwent Cres, Lakelands

3/1 Derwent Cres, Lakelands is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1993. The property has a land size of 4312m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
Townhouse
Year Built
1993
Floor Size
87m2
Land Size
4312m2
Local Government
Lake Macquarie
Lot/Plan
3/SP45512

Last Listing description (September 2022)

Come on in and enjoy low maintenance living in Villa 3, a freshly updated Villa, located in a highly desirable location! This single level brick home is sure to appeal to a wide range of buyers - whether you are a first home buyer, looking to downsize or ready for your next investment property.

This Villa is sure to impress with its coastal colour palette and stylistic features, open plan dining and kitchen layout, and an array of windows and downlights filling the space with a light and airy feel. Fantastic home for small families offering 2 generous sized bedrooms, a tidy main bathroom with modern touches, a fabulous kitchen and dining area or breakfast nook separate from the lounge area, with the only barrier between you and outdoor living is the glass sliding doors. Step outside onto your brand new deck and freshly turfed alfresco area, with enough space for your pet to roam around.

Single level Villa with brick and tile structure

Open plan living with dining and kitchen combined, with a separate lounge room with timber floorboards
Fabulous modern kitchen with engineered timber benchtops, brand new appliances, large double sink and ample kitchen storage
Gold tapware and doorknobs elevating modern style
V-panel plasterboard wall features
Freshly painted throughout
All bedrooms are carpeted with built-in robes
Updated bathroom with a bathtub in the main
Multiple ceiling fans & split system air-conditioning providing comfort to every season
Single lock up garage with an extra car space for a second vehicle, boat or trailer
Private alfresco area freshly turfed with a brand new deck
Pet friendly
Digital door lock on front door

Located in a private, family friendly suburb, with the local playground close by for the kids and a bicycle/walking track at the back of the home, perfect for the keen walker or cyclist. All necessary amenities such as Warners Bay Shopping Village, The Esplanade, Warners at the Bay, are conveniently nearby, as well as a short drive to our beautiful Lake Macquarie City beaches & Newcastle CBD. There are also plenty of well-regarded schools in the area and plenty of public transport for travel.

Outgoings
Council Rates: est. $1,227.46pa
Rental Appraisal: est. $500.00 - $550.00pw
Strata: est. $950.00pq

Property History for 3/1 Derwent Cres, Lakelands, NSW 2282

A timeline of how this property has performed in the market
Last Sold
$690,000
03 Sep 2022
  • 03 Sep 2022
    Sold for $690,000
  • 25 Aug 2022
    Listed for Sale $675,000 - $695,000
  • 22 Feb 2020
    Sold for $455,000
Sign in to see more transactions

Commute Calculator

About Lakelands 2282

The size of Lakelands is approximately 0.8 square kilometres. It has 4 parks covering nearly 23.6% of total area. The population of Lakelands in 2011 was 1,506 people. By 2016 the population was 1,423 showing a population decline of 5.5% in the area during that time. The predominant age group in Lakelands is 50-59 years. Households in Lakelands are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lakelands work in a professional occupation. In 2011, 88.1% of the homes in Lakelands were owner-occupied compared with 86.7% in 2016.

Lakelands has 549 properties. Over the last 5 years, Houses in Lakelands have seen a 65.45% increase in median value, while Units have seen a 57.52% increase. As at 31 October 2024:

  • The median value for Houses in Lakelands is $1,254,424 while the median value for Units is $709,671.
  • Houses have a median rent of $725 while Units have a median rent of $405.
There are currently 2 properties listed for sale, and no properties listed for rent in Lakelands on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Lakelands.

Suburb Insights for Lakelands 2282

Market Insights
Lakelands Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Lakelands Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.