SOLD
Sold on 25 Jan 2024 for $960,000

5 Faymax Street
Pelican NSW 2281

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 165m2
Land area: 417m2
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Property Details for 5 Faymax St, Pelican

5 Faymax St, Pelican is a 4 bedroom, 2 bathroom House and was built in 1950. The property has a land size of 417m2 and floor size of 165m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 4 bedroom House sold in Pelican in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
165m2
Land Size
417m2
Local Government
Lake Macquarie
Lot/Plan
8/DP19366

Last Listing description (March 2022)

This renovated three-bedroom home is located two streets back from Pelican Foreshore and five kilometres from Belmont Citi Centre.

Property Features

- Modern kitchen with dishwasher and electric cooking appliances

- Air-conditioning
- Separate living and dining areas
- Combined bathroom and laundry with separate toilet
- Additional office/study
- Fenced courtyard
- Lawn maintenance included in the weekly rent
- Water usage included in the weekly rent
- Off-street parking
- Small pets may be considered upon application. (JB/KB)

Please Note: Granny flat not included in the tenancy

Whilst all care has been taken preparing this advertisement and the information contained herein has been obtained from sources, we believe to be reliable, Leah Jay does not warrant, represent, or guarantee the accuracy, adequacy, or completeness of the information. Leah Jay accepts no liability for any loss or damage resulting from reliance on this information, and potential tenants should make their own investigations before applying for the property.

Property History for 5 Faymax St, Pelican, NSW 2281

A timeline of how this property has performed in the market
Last Sold
$960,000
25 Jan 2024
Listed for Rent
$550/w
21 Mar 2022
  • 25 Jan 2024
    Sold for $960,000
  • 03 Mar 2022
    Listed for Rent $550 / week
  • 20 Jan 2021
    Listed for Rent $340 / week
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About Pelican 2281

The size of Pelican is approximately 0.9 square kilometres. It has 4 parks covering nearly 52.9% of total area. The population of Pelican in 2011 was 840 people. By 2016 the population was 889 showing a population growth of 5.8% in the area during that time. The predominant age group in Pelican is 60-69 years. Households in Pelican are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pelican work in a trades occupation. In 2011, 77.2% of the homes in Pelican were owner-occupied compared with 78.6% in 2016.

Pelican has 402 properties. Over the last 5 years, Houses in Pelican have seen a 83.90% increase in median value, while Units have seen a 38.94% increase. As at 31 July 2024:

  • The median value for Houses in Pelican is $1,079,229 while the median value for Units is $704,500.
  • Houses have a median rent of $540.
There are currently 2 properties listed for sale, and 1 property listed for rent in Pelican on OnTheHouse. According to CoreLogic's data, 10 properties were sold in the past 12 months in Pelican.

Suburb Insights for Pelican 2281

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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.