OFF MARKET

11 Sturt Street
Swansea NSW 2281

Bedrooms: 5
Bathrooms: 4
Car spaces: 3
Floor area: 175m2
Land area: 322m2
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Property Details for 11 Sturt St, Swansea

11 Sturt St, Swansea is a 5 bedroom, 4 bathroom House with 3 parking spaces and was built in 1994. The property has a land size of 322m2 and floor size of 175m2. While the property is not currently for sale or for rent, it was last sold in October 2017.

Building Type
House
Year Built
1994
Floor Size
175m2
Land Size
322m2
Local Government
Lake Macquarie
Lot/Plan
102/DP849316

Last Listing description (April 2018)

Just 150 metres to the Lake, this very well located, solid brick and tile residence and granny flat offer hard core investors an almost indestructible, great dual income opportunity with those after a Lakeside weekender able to use the property themselves and also collect a rental income, thanks to an excellent long term tenant, who is already in house and very keen to stay on. Within quick escaping distance of Sydney with Coon Island's gorgeous sandy swimming beach and The Channel just a flat stroll away, it's a natural weekender location pick with your choice of 3 boat ramps nearby, you won't find a more affordable and ready to go investment or holiday option than this, with the promise of plenty of bang for your buck!

- Freshly painted, the main residence boasts timber boards that would polish up a treat
- The home also offers open plan, spacious ground floor living off a decent size kitchen

- Featuring gas cooking, a range hood & pantry, the kitchen enjoys an open look & feel
- There's no need to race upstairs thanks to a good size ground level bathroom/laundry
- Secure internal access from the lock up garage to the open living comes in very handy

- Once you head upstairs, there's your choice of 2 bathrooms with a bonus mini ensuite
- Built in robes feature in 2 of the 3 bedrooms with a mini walk in & ensuite in the other
- An open study or second TV area connects to a small deck & adds extra living space
- Right next door there's an open plan, brick & tile, self-contained 2 bedroom granny flat
- For over a decade the top tenant has been paying rent & providing excellent security
- Keen to stay on the tenant loves the location, the good size yard & generous carport
- Walk straight into a solid & ready to go proposition & do as much or as little as you like

The property is being sold by auction because it needs to go and it needs to go fast, a deceased estate that has taken nearly 2 years to sort out, the beneficiaries are looking for immediate results and as quick a settlement date as possible to avoid paying capital gains tax and to start finally enjoying the estate proceeds, as none of them are getting any younger. If you love Swansea North and you're after an affordable and exciting investment, don't miss this opportunity to potentially snaffle yourself a bargain, where else can you get a dual income property that needs nothing done to it but offers great potential, that's surrounded by water and offers genuine Torrens Title living, there's also an option of purchasing next door, which offers extra income potential as well ....

Property History for 11 Sturt St, Swansea, NSW 2281

A timeline of how this property has performed in the market
Last Sold
$495,000
14 Oct 2017
Listed for Rent
$350/w
07 Dec 2017
  • 24 Nov 2017
    Listed for Rent $350 / week
  • 14 Oct 2017
    Sold for $495,000
  • 14 Sep 2017
    Listed for Sale Auction Guide $450,000 - $495,000
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About Swansea 2281

The size of Swansea is approximately 5.4 square kilometres. It has 14 parks covering nearly 16% of total area. The population of Swansea in 2011 was 4,833 people. By 2016 the population was 5,055 showing a population growth of 4.6% in the area during that time. The predominant age group in Swansea is 60-69 years. Households in Swansea are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Swansea work in a trades occupation. In 2011, 64.4% of the homes in Swansea were owner-occupied compared with 64.9% in 2016.

Swansea has 2,940 properties. Over the last 5 years, Houses in Swansea have seen a 73.39% increase in median value, while Units have seen a 58.99% increase. As at 31 October 2024:

  • The median value for Houses in Swansea is $1,021,090 while the median value for Units is $662,794.
  • Houses have a median rent of $600 while Units have a median rent of $440.
There are currently 29 properties listed for sale, and 7 properties listed for rent in Swansea on OnTheHouse. According to CoreLogic's data, 102 properties were sold in the past 12 months in Swansea.

Suburb Insights for Swansea 2281

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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.