OFF MARKET

5/5 Bay Street
Swansea NSW 2281

Bedrooms: 5
Bathrooms: 2
Car spaces: 3
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Last updated 11 Nov 2024
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Property Details for 5/5-A Bay St, Swansea

5/5-A Bay St, Swansea is a 5 bedroom, 2 bathroom House with 3 parking spaces. While the property is not currently for sale or for rent, it was last sold in April 2018.

Building Type
House
Local Government
Lake Macquarie

Last Listing description (September 2018)

Set on an amazing nearly 700m2 flat block of land in a quiet street less than 330m to stunning Lake Foreshore park land with a public jetty, newly upgraded easy to use boat ramp and private moorings, it's just a short flat easy stroll back to Swansea's growing shops and cafe scene, surrounded by quality newer homes, the location and setting are picture perfect, add 2 fully self-contained and completely independent delightful residences and you've scored yourself a winning trifecta .... location, location, location; 1 lot of outgoings; and 2 awesome potential rent returns! With cute cottage looks, the original front home offers open living that connects to a generous eat in kitchen and covered outdoor living with 2 sunroom size bedrooms and a good size master, while out the back, a much newer brick and tile residence has been purpose built as holiday accommodation for the original Sydney owners who loved fishing and loved to escape the rat race, it offers fantastic boat and car parking, lovely modern open living off the kitchen and out to a full length North East facing covered verandah along with 2 good size bedrooms and a magic fully fenced North facing generous backyard.

- 2 completely separate, fully self-contained, genuine houses on 1 title, 1-3 bedrooms & 2 bedrooms

- The original front home offers open lounge, eat in kitchen, master & 2 sunroom size bedrooms
- Boasting covered outdoor living & its own fenced front & back yards there's lots of potential here
- The master has generous built in robes & there is lock up rear storage plus a dedicated carport too
- Outback discover a fully fenced, newer brick home with a fresh, breezy & sunny open plan interior
- The rear home enjoys auto access, oversized, highset garaging with lots of overhead/rear storage
- A very high set carport was designed around a fishing boat but it can accommodate big caravan too
- North east facing, the full width veranda provides a cool breezy spot in summer & warm winter sun
- All of the open plan living & master bedroom with built in robes enjoy this magic North/East aspect
- Split system air conditioning offers all season comfort no matter where you are within the home
- The kitchen overlooks the gorgeous & generous North facing backyard & flows on the open living
- A separate toilet from the bathroom & good size 2nd bedroom complete the rear home package

How often can you pick up 2 properties and 2 potential rental incomes for the price of just 1 similarly located residence? With virtually nothing to do, come and discover a superbly located property, which will only keep going up in price and enjoy the benefit of 2 potential incomes to help cover your mortgage, or live in one and rent out the other, or lease one and enjoy your very own Lakeside weekender, the choice is yours
....

Property History for 5/5-A Bay St, Swansea, NSW 2281

A timeline of how this property has performed in the market
Last Sold
$680,000
03 Apr 2018
  • 03 Apr 2018
    Sold for $680,000
  • 31 Jan 2018
    Listed for Sale PRICE $690,000

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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 2,940 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, 101 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.