OFF MARKET

5 George Street
Laurieton NSW 2443

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 137m2
Land area: 734m2
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Property Details for 5 George St, Laurieton

5 George St, Laurieton is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 734m2 and floor size of 137m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
House
Year Built
1950
Floor Size
137m2
Land Size
734m2
Local Government
Port Macquarie-Hastings
Lot/Plan
17/DP21917

Last Listing description (May 2021)

Now is the time to capitalise on the growth in the real estate market by adding these 2 x 2 bedroom units to your investment portfolio, with a potential gross return of 5.6% pa. Currently occupied with two long term tenants and set on a large 733.5m2 block of land, this is the ready made investment in a very convenient Laurieton location.

- A current rental return of $260 per week from each unit
- Each unit offers 2 bedrooms, living room, large bathroom plus individual laundries

- Fully fenced yard to the rear
- Level walk to the riverside walkways and sporting fields
- Only 700m to the main street of Laurieton where you will find shops and eateries

Live in one and rent the other, or just keep the great tenants that are already in place, whatever you choose this could be that solid investment that you have been searching for. Be ready come auction day, as returns like this don't happen in the bank!

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 5 George St, Laurieton, NSW 2443

A timeline of how this property has performed in the market
Last Sold
$525,000
22 May 2021
  • 22 May 2021
    Sold for $525,000
  • 04 May 2021
    Listed for Sale Auction - Guide $500,000 - $530,000
  • 26 Mar 2013
    Sold for $20,000
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About Laurieton 2443

The size of Laurieton is approximately 4.3 square kilometres. It has 9 parks covering nearly 35% of total area. The population of Laurieton in 2011 was 1,930 people. By 2016 the population was 2,007 showing a population growth of 4.0% in the area during that time. The predominant age group in Laurieton is 60-69 years. Households in Laurieton are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Laurieton work in a community and personal service occupation. In 2011, 63.1% of the homes in Laurieton were owner-occupied compared with 64% in 2016.

Laurieton has 1,701 properties. Over the last 5 years, Houses in Laurieton have seen a 54.27% increase in median value, while Units have seen a 45.80% increase. As at 31 October 2024:

  • The median value for Houses in Laurieton is $742,647 while the median value for Units is $543,607.
  • Houses have a median rent of $550 while Units have a median rent of $450.
There are currently 17 properties listed for sale, and no properties listed for rent in Laurieton on OnTheHouse. According to CoreLogic's data, 63 properties were sold in the past 12 months in Laurieton.

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