OFF MARKET

50 Lancing Avenue
Sussex Inlet NSW 2540

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 689m2
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Last updated 11 Nov 2024
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Property Details for 50 Lancing Ave, Sussex Inlet

50 Lancing Ave, Sussex Inlet is a 0 bedroom, 0 bathroom House. The property has a land size of 689m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
House
Land Size
689m2
Local Government
Shoalhaven
Lot/Plan
503/DP1224105

Last Listing description (November 2022)

Located in the quiet coastal town of Sussex Inlet, sits this 689 square metre block available to the market. Ideal for first time investors or seasoned investors due to the potential to build a duplex offering a dual income opportunity. Or, go all out and build a home that suits your needs and settle down in a great area of the South Coast. With land currently being a scarce commodity, this won't last long. Get in contact with our team today.

Features:

Duplex potential and dual income opportunity
Great location within the South Coast
5 minute drive to the Sussex Inlet Shops
689 square metre block
Block depth = 40.5 meters
Block width = 17 meters

Property History for 50 Lancing Ave, Sussex Inlet, NSW 2540

A timeline of how this property has performed in the market
Last Sold
$395,000
03 Nov 2022
  • 03 Nov 2022
    Sold for $395,000
  • 08 Sep 2022
    Listed for Sale $400,000
  • 21 May 2021
    Sold for $340,000

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About Sussex Inlet 2540

The size of Sussex Inlet is approximately 36.7 square kilometres. It has 22 parks covering nearly 9.3% of total area. The population of Sussex Inlet in 2011 was 3,570 people. By 2016 the population was 3,561 showing a population decline of 0.3% in the area during that time. The predominant age group in Sussex Inlet is 60-69 years. Households in Sussex Inlet are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Sussex Inlet work in a trades occupation. In 2011, 72.8% of the homes in Sussex Inlet were owner-occupied compared with 75.4% in 2016.

Sussex Inlet has 3,926 properties. Over the last 5 years, Houses in Sussex Inlet have seen a 63.55% increase in median value, while Units have seen a 35.90% increase. As at 31 October 2024:

  • The median value for Houses in Sussex Inlet is $763,823 while the median value for Units is $446,220.
  • Houses have a median rent of $560 while Units have a median rent of $410.
There are currently 52 properties listed for sale, and 21 properties listed for rent in Sussex inlet on OnTheHouse. According to CoreLogic's data, 134 properties were sold in the past 12 months in Sussex inlet.

Suburb Insights for Sussex Inlet 2540

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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.