OFF MARKET

18 Wallace Street
Swansea NSW 2281

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 192m2
Land area: 575m2
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Property Details for 18 Wallace St, Swansea

18 Wallace St, Swansea is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 575m2 and floor size of 192m2. While the property is not currently for sale or for rent, it was last sold in December 2019.

Building Type
House
Year Built
1980
Floor Size
192m2
Land Size
575m2
Local Government
Lake Macquarie
Lot/Plan
502/DP818830

Last Listing description (May 2023)

Spacious home suited to first home buyers or prospect for investors to generate dual income opportunity via a very versatile floor plate. The home has recently undergone renovations including freshly painted interiors, new floating floors & bathroom makeovers. Prior to restorations the property was returning $240 per week in the entry zone of the property which could present as either a 2 or 3 bedroom abode. The rear and upper level consists of 2 bedrooms and had a weekly return of $180 per week. With most recent scope of works completed resulting in potential to revise income yields. First home buyers would also benefit via the surprising size of the house available for the money. The home itself possesses spacious bedrooms with combinations of built-ins & walk-ins. Ornate features sprinkled throughout, side access to single garage plus carport. External multi-purpose space with a little extra attention could be ideal detached home office area. Fully fenced low maintenance block. Absolute convenience to Swansea CBD & Channel, Patrolled surfing beaches & boat ramp, all of which complement the lifestyle setting on offer.

Zoning: R3 Medium Density Residential
Land Area: 575sqm approx.

Council: Lake Macquarie
Land Rates: $1906pa approx.

Property History for 18 Wallace St, Swansea, NSW 2281

A timeline of how this property has performed in the market
Last Sold
$541,000
20 Dec 2019
Listed for Rent
$290/w
05 Jan 2016
  • 20 Dec 2019
    Sold for $541,000
  • 19 Nov 2019
    Listed for Sale $549,000
  • 08 Apr 2019
    Listed for Sale $590,000-$649,000
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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 2,945 properties.

    There are currently 25 properties listed for sale, and 9 properties listed for rent in Swansea on OnTheHouse. According to CoreLogic's data, 94 properties were sold in the past 12 months in Swansea.

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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.