SOLD
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Sold on 08 Nov 2024 for $1,380,000

71 Beach Road
Silverwater NSW 2264

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 732m2
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Property Details for 71 Beach Rd, Silverwater

71 Beach Rd, Silverwater is a 2 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 732m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom House sold in Silverwater in the last 12 months.

Building Type
House
Land Size
732m2

Last Listing description (November 2024)

Set in one of Lake Macquarie's quietest waterfront suburbs, with direct lake access this absolute waterfront property boasts an original boat ramp and DA approval for a 21 meter jetty. The home features two bedrooms, two bathrooms, and is currently generating an exceptional income on Airbnb. There's potential to renovate and extend the existing dwelling or its a perfect site for your dream home build.
- DA approved for a jetty with deep water access, 1.1 metre depth at low tide
- North east facing absolute waterfront

- Perfect new build site with minimum site works
- Level lakeside outlook, expansive views
- Generous level 732sqm block
- Airbnb appraisal $75,000 per year
- One of Lake Macquarie's quietest waterfront suburbs
- 90 minutes to Sydney or 45 minutes to Newcastle
- Only 10 minutes to train line and M1 motorway
- Close to shops, schools, boat ramp and Trinity Point

KEY DETAILS:
Council Rates $2,717pa
Water Rates $819pa

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Property History for 71 Beach Rd, Silverwater, NSW 2264

A timeline of how this property has performed in the market
Last Sold
$1,380,000
08 Nov 2024
Listed for Rent
$300/w
16 Jan 2013
  • 08 Nov 2024
    Sold for $1,380,000
  • 19 Sep 2024
    Listed for Sale $1,380,000
  • 17 Dec 2021
    Sold for $1,550,000
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About Silverwater 2264

The size of Silverwater is approximately 0.9 square kilometres. It has 2 parks covering nearly 12.7% of total area. The population of Silverwater in 2011 was 248 people. By 2016 the population was 301 showing a population growth of 21.4% in the area during that time. The predominant age group in Silverwater is 60-69 years. Households in Silverwater are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Silverwater work in a trades occupation. In 2011, 75.8% of the homes in Silverwater were owner-occupied compared with 74.3% in 2016.

Silverwater has 158 properties. Over the last 5 years, Houses in Silverwater have seen a 63.07% increase in median value. As at 30 November 2024:

  • The median value for Houses in Silverwater is $935,635 while the median value for Units is $627,097.
  • Houses have a median rent of $350.
There are currently 2 properties listed for sale, and 1 property listed for rent in Silverwater on OnTheHouse. According to CoreLogic's data, 12 properties were sold in the past 12 months in Silverwater.

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Mark Johnson
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McGrath Lake Macquarie
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