OFF MARKET

5-7 First Ridge Road
Smiths Lake NSW 2428

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Land area: 1117m2
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Property Details for 5-7 First Ridge Rd, Smiths Lake

5-7 First Ridge Rd, Smiths Lake is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1990. The property has a land size of 1117m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
House
Year Built
1990
Land Size
1117m2
Local Government
Mid-Coast
Lot/Plan
28/DP32207

Last Listing description (November 2023)

A rare opportunity to acquire a solid, deceptively spacious home + an adjoining vacant block in beautiful Smiths Lake.

- Single level, steel framed brick and cladding home (No 7)

- Three bedrooms, one bathroom, separate lounge and artist studio

- Vaulted ceiling, open plan living and stone bench tops feature in the central kitchen

- Covered, outside entertaining area connects the zones creating a lovely indoor / outdoor flow

- Triple garage affords ample storage whilst the homes solar system assists with power costs

- Adjoining block (No 5) presently houses 3 water tanks in sheds, carport and garden pen

A wonderful collective space of approx. 1113sqm with room for "all the toys" with the future option/s (STCA) to build another flat or home or cash the block in (**) and still retain a coastal haven or investment.

** Please advise that the blocks are presently combined for council and water rates purposes and therefore if separated/sold, there may be rates / fees payable to council
* All information contained herein is gathered from sources we consider to be reliable. However we cannot guarantee its accuracy and interested persons should rely on their own enquiries
* Please note that drone/location/lifestyle images have been used in this advertisement

Property History for 5-7 First Ridge Rd, Smiths Lake, NSW 2428

A timeline of how this property has performed in the market
Last Sold
$900,000
15 Sep 2023
  • 15 Sep 2023
    Sold for $900,000
  • 25 Jul 2023
    Listed for Sale SOLD
  • 24 May 2023
    Listed for Sale Expressions of Interest
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About Smiths Lake 2428

The size of Smiths Lake is approximately 5.3 square kilometres. The population of Smiths Lake in 2011 was 1,076 people. By 2016 the population was 1,229 showing a population growth of 14.2% in the area during that time. The predominant age group in Smiths Lake is 60-69 years. Households in Smiths Lake are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Smiths Lake work in a trades occupation. In 2011, 75.1% of the homes in Smiths Lake were owner-occupied compared with 77.7% in 2016.

Smiths Lake has 1,066 properties. Over the last 5 years, Houses in Smiths Lake have seen a 28.10% increase in median value, while Units have seen a 95.53% increase. As at 31 October 2024:

  • The median value for Houses in Smiths Lake is $688,565 while the median value for Units is $831,613.
  • Houses have a median rent of $580.
There are currently 2 properties listed for sale, and no properties listed for rent in Smiths lake on OnTheHouse. According to CoreLogic's data, 43 properties were sold in the past 12 months in Smiths lake.

Suburb Insights for Smiths Lake 2428

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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.