SOLD
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Sold on 25 Jun 2024 for $645,000

7/3-5 Wallace Street
Swansea NSW 2281

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
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Property Details for 7/3-5 Wallace St, Swansea

7/3-5 Wallace St, Swansea is a 2 bedroom, 2 bathroom House with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom House sold in Swansea in the last 12 months.

Building Type
House
Local Government
Lake Macquarie
Lot/Plan
7/SP62952

Last Listing description (June 2024)

Providing space and style, this fabulous over 55s villa offers convenience, quality living in the heart of Swansea.

As you enter the good sized formal lounge room, you are immediately greeted by light filled space. The master bedroom includes a very neat ensuite and built-in robes. Central to the other bedroom with built-ins is the main bathroom, including a separate shower and bath.

The kitchen is quite generous and well equipped, flowing onto the dining area. The north facing, sun drenched undercover outdoor entertaining area adds another dimension, perfect for entertaining.

The garage has space for two cars, or additionally could easily be converted into another room. Beautifully maintained, the development is a very short walk to the shopping centre, cafes and clubs, the lake is also nearby.

For further details, or to arrange a viewing, contact Shaun Elms on 0425 285 979

Disclaimer: We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.

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Property History for 7/3-5 Wallace St, Swansea, NSW 2281

A timeline of how this property has performed in the market
Last Sold
$645,000
25 Jun 2024
  • 18 Jun 2024
    Sold for $645,000
  • 30 Apr 2024
    Listed for Sale $630,000 - $660,000

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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 2,944 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 32 properties listed for sale, and 8 properties listed for rent in Swansea on OnTheHouse. According to CoreLogic's data, 97 properties were sold in the past 12 months in Swansea.

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Shaun Elms
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Ray White Newcastle Lake Macquarie
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