8 Murrumbong Rd, Summerland Point is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 512m2. While the property is not currently for sale or for rent, it was last sold in September 2020.
If you are considering taking advantage of the lowest interest rates on record to enter the market, you must see this opportunity. Such a quiet location, yet just a stroll from the boat ramp into beautiful Frying Pan Bay, Lake MacQuarie. The high roof carports provide great off street parking for your boats, van and trailer. The rear deck is ideal for entertaining and there is a shed with plumbing and a large shed with power. The neatly presented home includes modern kitchen plus air conditioner and fireplace. Those looking to modernise and add value will not want to miss this opportunity and local investors will see this as an ideal addition to their investment portfolio. Either way - the value is apparent - don't miss the opportunity.
The size of Summerland Point is approximately 3.2 square kilometres. It has 8 parks covering nearly 11.7% of total area. The population of Summerland Point in 2011 was 2,358 people. By 2016 the population was 2,485 showing a population growth of 5.4% in the area during that time. The predominant age group in Summerland Point is 60-69 years. Households in Summerland Point are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Summerland Point work in a trades occupation. In 2011, 74.5% of the homes in Summerland Point were owner-occupied compared with 75.7% in 2016.
Summerland Point has 1,324 properties. Over the last 5 years, Houses in Summerland Point have seen a 61.03% increase in median value, while Units have seen a 46.08% increase. As at 31 October 2024:
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