OFF MARKET

5 Ford Avenue
Mount Hutton NSW 2290

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 154m2
Land area: 578m2
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Property Details for 5 Ford Ave, Mount Hutton

5 Ford Ave, Mount Hutton is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 578m2 and floor size of 154m2. While the property is not currently for sale or for rent, it was last sold in November 2018.

Building Type
House
Year Built
1970
Floor Size
154m2
Land Size
578m2
Local Government
Lake Macquarie
Lot/Plan
23/DP247836

Last Listing description (May 2023)

Currently offering two separate income streams with a collective rent return of $630/wk. Upstairs contains 3 generous bedrooms, two separate living spaces plus 2nd wc with a rent return of $350/wk. Downstairs possesses modern kitchen, tiled flooring and a return of $280/week. Both possess single garaging with internal access. Absolute convenience with village shops directly opposite and easy stroll to neighbouring Lake Macquarie Fair shopping centre & Aldi also close by. Minutes to Warners Bay Foreshore, convenient to local schooling & transport as well. Providing 5.95% gross return with opportunity to hedge return with the multiple occupancy. Alternatively first home buyers looking at subsidise repayments with the bonus income potential.

Land Size: 578sqm
Council: Lake Macquarie

Zoning: R2 Low Density Residential
Council Rates: $2015pa approx
Water Rates: $712pa approx

Property History for 5 Ford Ave, Mount Hutton, NSW 2290

A timeline of how this property has performed in the market
Last Sold
$500,000
15 Nov 2018
Listed for Rent
$320/w
17 Jul 2009
  • 15 Nov 2018
    Sold for $500,000
  • 29 Aug 2018
    Listed for Sale Not Disclosed
  • 25 Jun 2009
    Listed for Rent - Price not available

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About Mount Hutton 2290

The size of Mount Hutton is approximately 3.2 square kilometres. It has 6 parks covering nearly 2.8% of total area. The population of Mount Hutton in 2011 was 3,181 people. By 2016 the population was 3,548 showing a population growth of 11.5% in the area during that time. The predominant age group in Mount Hutton is 50-59 years. Households in Mount Hutton are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mount Hutton work in a professional occupation. In 2011, 70.8% of the homes in Mount Hutton were owner-occupied compared with 70.8% in 2016.

Mount Hutton has 1,900 properties. Over the last 5 years, Houses in Mount Hutton have seen a 62.01% increase in median value, while Units have seen a 56.91% increase. As at 31 October 2024:

  • The median value for Houses in Mount Hutton is $763,557 while the median value for Units is $641,081.
  • Houses have a median rent of $620 while Units have a median rent of $600.
There are currently 14 properties listed for sale, and no properties listed for rent in Mount hutton on OnTheHouse. According to CoreLogic's data, 82 properties were sold in the past 12 months in Mount hutton.

Suburb Insights for Mount Hutton 2290

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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.