OFF MARKET

16 Forbes Street
Swansea NSW 2281

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 150m2
Land area: 598m2
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Property Details for 16 Forbes St, Swansea

16 Forbes St, Swansea is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 598m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in November 2019.

Building Type
House
Year Built
1970
Floor Size
150m2
Land Size
598m2
Local Government
Lake Macquarie
Lot/Plan
25/7/DP758940

Last Listing description (May 2020)

Set diagonally opposite Swansea's picturesque Chapman Oval and looking North-East toward Swansea Channel, this quaint property on a generous, level block nearing 600sqm's would make the ideal first home to value add to or a great investment to acquire now and hold with a view to knock down and rebuild your dream home for retirement.

- Two bedrooms with freestanding 'robes included
- Lounge room with sunny North facing veranda

- Kitchen with adjoining separate dining area
- Most recent tenants used dining as bedroom three
- Updated bathroom. Ceiling fans
- Good drive access to over-sized lockup garage
- Great yard for the kids and family pet to play

With local schooling within walking distance, parkland diagonally opposite and a short stroll to Swansea Foreshore - property such as this simply makes sense!

Property History for 16 Forbes St, Swansea, NSW 2281

A timeline of how this property has performed in the market
Last Sold
$495,000
27 Nov 2019
Listed for Rent
$360/w
06 Oct 2017
  • 27 Nov 2019
    Sold for $495,000
  • 09 Oct 2019
    Listed for Sale $515,000
  • 29 Sep 2017
    Listed for Rent $360 / week
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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 28 properties listed for sale, and 7 properties listed for rent in Swansea on OnTheHouse. According to CoreLogic's data, 103 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.