SOLD
Sold on 09 Mar 2024 for $894,000

1 Cambridge Drive
Rankin Park NSW 2287

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 85m2
Land area: 805m2
Sold By
LaneCampos
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Property Details for 1 Cambridge Dr, Rankin Park

1 Cambridge Dr, Rankin Park is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 805m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Rankin Park in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
85m2
Land Size
805m2
Local Government
Newcastle
Lot/Plan
18/DP211288

Last Listing description (March 2024)

Auction Location: ONLINE ONLY

Discover the epitome of modern living in this beautifully updated and tranquil residence. Immerse yourself in an experience where every detail, from the distinctive timber accents to the bespoke custom cabinetry, tells a story of refined style. The residence seamlessly blends indoor and outdoor living, thanks to the thoughtfully designed alfresco and deck area. Complete with built-in barbeque, benches and expansive bi-fold doors, this is the perfect entertainer.

Boasting impeccable functionality, the tranquil interiors, bathed in natural light, create a serene atmosphere. Surrounded by green vistas and bird song, the home offers a secluded escape reminiscent of a boutique retreat. For those with future dreams, the large block also offers subdivision possibilities. What a find!

Highlights:
-- Approx. 822m2 block
-- Three bedrooms - including robes and ceiling fans
-- Ducted air conditioning
-- Open plan living and dining
-- Expansive deck and entertaining alfresco - includes built-in barbeque and bar fridge
-- Alfresco and deck area overlooks landscaped gardens and offers bush views
-- Renovated kitchen with quality appliances
-- Polished timber floorboards and down lights throughout
-- Slow combustion wood heater in living area
-- Family bathroom with bathtub and separate W.C
-- Plenty of under home storage
-- Separate laundry located on the lower level
-- Double garage with remote door to one side and loads of storage

Here and there:
-- School catchment - Wallsend South Public School - 15min walk (1.2km), Lambton High School - 10min drive (5.1km
-- Elbrook Drive Reserve Playground - 5min walk (800m)
-- John Hunter Hospital - 4min drive (2.2km)
-- Blackbutt Nature Reserve - 7min drive (4.4km)
-- Elermore Vale shopping centre & Hotel Elermore - 21min walk (1.6km)
-- Westfield Kotara - 10min drive (6.3km)
-- Charlestown Square - 10min drive (6km)
-- Warners Bay cafes and Lake Macquarie - 13min drive (9.3km)
-- Merewether Beach - 18min drive (12.3km)

-- Approx. weekly rental return - in the vicinity of $620 - $640
-- Approx. council rates per quarter - $520
-- Approx. water rates per third - $295 (not incl. usage)

This property will be sold via online auction on Saturday 9th March 2024.

For more information, please contact Dave or Bec on 4967 6770.

*Agent declares interest

Disclaimer:
All information contained herein has been gathered from sources we consider reliable. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own inquiries in order to determine whether or not this information is in fact accurate.

Property History for 1 Cambridge Dr, Rankin Park, NSW 2287

A timeline of how this property has performed in the market
Last Sold
$894,000
09 Mar 2024
  • 09 Mar 2024
    Sold for $894,000
  • 12 Feb 2024
    Listed for Sale Not Disclosed
  • 03 Sep 2015
    Sold for $476,000
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About Rankin Park 2287

The size of Rankin Park is approximately 1.4 square kilometres. It has 12 parks covering nearly 29.6% of total area. The population of Rankin Park in 2011 was 2,450 people. By 2016 the population was 2,465 showing a population growth of 0.6% in the area during that time. The predominant age group in Rankin Park is 60-69 years. Households in Rankin Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rankin Park work in a professional occupation. In 2011, 87.5% of the homes in Rankin Park were owner-occupied compared with 86.3% in 2016.

Rankin Park has 1,030 properties. Over the last 5 years, Houses in Rankin Park have seen a 72.22% increase in median value, while Units have seen a 65.15% increase. As at 31 July 2024:

  • The median value for Houses in Rankin Park is $832,377 while the median value for Units is $612,205.
  • Houses have a median rent of $650.
There are currently 2 properties listed for sale, and 2 properties listed for rent in Rankin park on OnTheHouse. According to CoreLogic's data, 40 properties were sold in the past 12 months in Rankin park.

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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.