OFF MARKET

7 Lugano Avenue
Springwood NSW 2777

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 115m2
Land area: 1024m2
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Property Details for 7 Lugano Ave, Springwood

7 Lugano Ave, Springwood is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1024m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
House
Floor Size
115m2
Land Size
1024m2
Local Government
Blue Mountains
Lot/Plan
2/DP26203

Last Listing description (January 2023)

BED 3 | BATH 1 | LIVING 1 | CAR 1

With R2 zoning and great potential across this 1,024m2 (approx) block, this Mountains' cottage is set in arguably one of Springwood's best-positioned cul-de-sacs. A great opportunity for those seeking to enter the market and craft a home that is truly your own, or embrace the outstanding investment gaining $550 per week rent, walk comfortably to Springwood Aquatic Centre, Buttenshaw Park, and village in 15 minutes, all less than a kilometre away.

Polished timber floors lead you throughout the living areas, where the familiar layout allows you to start or settle with ease. The bright and sunny interior flows seamlessly between the lounge and meals areas, and into the electric galley kitchen. The bedrooms are soon to enjoy new carpets, and are set upon the fully fitted original bathroom with the modern benefit of solar hot water.

Outside, take advantage of the eastern aspect in the spacious backyard, while the huge under-floor area suggests expansion of additional bedrooms, rumpus or living areas, along with an under-house garage. Additional features include internal laundry, gas heating potential, and pedestrian rear-lane access.

Summary of features
Character-filled home on 1,024m2 approx block with R2 zoning, giving great potential for expansion with pedestrian rear-lane access,
Cul-de-sac setting with Springwood village less than a kilometre away, surrounded by primary schools, parks, and Springwood Aquatic Centre,
Polished timber floors across the open plan layout, electric galley kitchen with morning-light views over the backyard,
Three bedrooms centred on the original bathroom, internal laundry; solar hot water, LPG gas bayonet,
Spacious backyard ready for reimagining or repurposing, plus under-house garage and ample storage areas.

Please contact Lister Estate Agents Springwood to book your private inspection of this perfectly located and potential-laden home.

Disclaimer: We have obtained all information herein from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 7 Lugano Ave, Springwood, NSW 2777

A timeline of how this property has performed in the market
Last Sold
$705,000
19 Dec 2022
  • 19 Dec 2022
    Sold for $705,000
  • 07 Nov 2022
    Listed for Sale $680,000 - $710,000
  • 22 Apr 2022
    Listed for Sale $760,000 - $780,000
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About Springwood 2777

The size of Springwood is approximately 19.4 square kilometres. It has 41 parks covering nearly 24.6% of total area. The population of Springwood in 2011 was 8,436 people. By 2016 the population was 8,484 showing a population growth of 0.6% in the area during that time. The predominant age group in Springwood is 40-49 years. Households in Springwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Springwood work in a professional occupation. In 2011, 75.8% of the homes in Springwood were owner-occupied compared with 76.6% in 2016.

Springwood has 4,029 properties. Over the last 5 years, Houses in Springwood have seen a 56.12% increase in median value, while Units have seen a 25.51% increase. As at 30 September 2024:

  • The median value for Houses in Springwood is $913,086 while the median value for Units is $641,331.
  • Houses have a median rent of $600 while Units have a median rent of $445.
There are currently 15 properties listed for sale, and 6 properties listed for rent in Springwood on OnTheHouse. According to CoreLogic's data, 158 properties were sold in the past 12 months in Springwood.

Suburb Insights for Springwood 2777

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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.