OFF MARKET

40 Lutana Road
Somersby NSW 2250

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 121600m2
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Property Details for 40 Lutana Rd, Somersby

Building Type
Rural
Land Size
121600m2
Local Government
Central Coast
Lot/Plan
1/DP181243

Last Listing description (October 2022)

An incredible opportunity presents itself with a picturesque level 30 grassed acres of vacant land allowing the new owner to create their semi rural paradise. Ideally suited to a horse stud, this unique offering is the first seen in the district for many years.
- 30 acres of level fenced and gated grassed land
- Build your dream home and take advantage of rural living (STCA)

- Ability to break property into multiple paddocks, round-yards
- Ideal to set up as spelling or agistment opportunities
- A private acreage with tree lined boundaries
- Located in a serene and picturesque part of the Central Coast Hinterland
- Centrally located between Sydney and Newcastle
- Dual street frontages and good accessibility to paddocks off Lutana Road
- Currently used for cattle grazing
- Seven minutes to M1 motorway, 15 minutes to major shopping and railway

KEY DETAILS:
Council Rates $5,459pa
Water Rates $390pa

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Property History for 40 Lutana Rd, Somersby, NSW 2250

A timeline of how this property has performed in the market
Last Sold
$2,750,000
17 Oct 2022
  • 17 Oct 2022
    Sold for $2,750,000
  • 13 Sep 2022
    Listed for Sale Price on request
  • 29 Jan 2001
    Sold for $585,000

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About Somersby 2250

The size of Somersby is approximately 81 square kilometres. It has 12 parks covering nearly 41.4% of total area. The population of Somersby in 2011 was 980 people. By 2016 the population was 1,066 showing a population growth of 8.8% in the area during that time. The predominant age group in Somersby is 50-59 years. Households in Somersby are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Somersby work in a managers occupation. In 2011, 73.8% of the homes in Somersby were owner-occupied compared with 72.3% in 2016.

Somersby has 958 properties. Over the last 5 years, Houses in Somersby have seen a 49.26% increase in median value. As at 31 October 2024:

  • The median value for Houses in Somersby is $2,161,904 while the median value for Units is $1,365,488.
  • Houses have a median rent of $698.
There are currently 8 properties listed for sale, and 15 properties listed for rent in Somersby on OnTheHouse. According to CoreLogic's data, 35 properties were sold in the past 12 months in Somersby.

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