18 Wallace StreetSwansea NSW 2281
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 577m2 and floor size of 192m2. While the property is not currently for sale or for rent, it was last sold in December 2019.
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.
Land Rates: $1906pa approx.
Property History for 18 Wallace St, Swansea, NSW 2281
- 20 Dec 2019Sold for $541,000
- 19 Nov 2019Listed for Sale $549,000
- 08 Apr 2019Listed for Sale $590,000-$649,000
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0About 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 2,939 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.
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