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Sold on 03 May 2024 for $625,000

5/16-18 Lake Road
Swansea NSW 2281

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 231m2
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Property Details for 5/16-18 Lake Rd, Swansea

5/16-18 Lake Rd, Swansea is a 2 bedroom, 1 bathroom Villa with 1 parking spaces. The property has a land size of 231m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Villa sold in Swansea in the last 12 months.

Building Type
Villa
Land Size
231m2
Local Government
Lake Macquarie
Lot/Plan
5/SP18578

Last Listing description (May 2024)

Introducing this charming 2 bedroom, 1 bathroom villa located at 5/16-18 Lake Road in Swansea. Situated on a 231 sqm land area, this property offers a peaceful and serene living environment.

The villa boasts a modern kitchen with a spacious interior design, perfect for comfortable living. The outdoor porch offers a relaxing space to enjoy the surrounding nature.

Additional Features,

Updated Kitchen
Updated Flooring throughout
Landscaped backyard with deck
Single Garage
Located at the rear of the complex
Close proximity to local cafes, schools & amenities

Located in a desirable neighborhood with close proximity to the waters edge, this property is ideal for those seeking a tranquil seaside lifestyle. Don't miss out on this opportunity to own a beautiful home in a prime location. Contact us today for more information and to schedule a viewing.

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Property History for 5/16-18 Lake Rd, Swansea, NSW 2281

A timeline of how this property has performed in the market
Last Sold
$625,000
03 May 2024
Listed for Rent
$510/w
31 Aug 2023
  • 18 Apr 2024
    Sold for $625,000
  • 04 Apr 2024
    Listed for Sale $625,000
  • 31 Aug 2023
    Listed for Rent $510 / 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 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.

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