305 Old Pacific HighwaySwansea NSW 2281
Property Details for 305 Old Pacific Hwy, Swansea
305 Old Pacific Hwy, Swansea is a 5 bedroom, 2 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 696m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 5 bedroom House sold in Swansea in the last 12 months.
Last Listing description (April 2024)
Introducing an exceptional real estate opportunity that combines convenience and promising returns - a dual-home property on a single title, tailor-made for the astute investor.
The primary residence, recently revitalized, stands as a testament to quality construction. Featuring three inviting bedrooms, a contemporary kitchen, and a brand-new bathroom, this home currently has fantastic tenants. The polished floorboards contribute a sense of warmth, while the newly laid driveway ensures convenient parking for residents.
Adjacent to this, the secondary dwelling takes the form of a practical and modern granny flat. Comprising two well-proportioned bedrooms, a functional kitchen, and an elegantly designed bathroom, this unit offers a cozy living space. Positioned on an elevated block with picturesque views of Swansea, the property is strategically located within walking distance to local shops and the lake.
Generating an impressive income of $1125.00 per week, this property presents a robust investment opportunity. Its flexible layout caters to diverse needs, whether you're an investor seeking a reliable income source, a family in search of an extended living arrangement, or someone eager to enter the lucrative holiday rental market.
Seize the chance to invest in this versatile and income-generating property. Inquire now to secure your position in this promising investment venture.
E & OE. 3Realty - Lake Macquarie , its director(s), employees, contractor(s) and related entities believe that all information contained here in is gathered from sources we believe to be reliable, however 3 Realty cannot guarantee its accuracy and interested parties should rely on their own enquiries. All images and floorplans are indicative of the property only.
Property History for 305 Old Pacific Hwy, Swansea, NSW 2281
- 13 Mar 2024Sold for $1,170,000
- 16 Oct 2023Listed for Sale Not Disclosed
- 14 Jun 2023Listed for Rent $525 / 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.
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