SOLD
Sold on 15 Jan 2024 for $1,400,000

55 Rhondda Road
Teralba NSW 2284

Bedrooms: 7
Bathrooms: 6
Car spaces: 4
Floor area: 356m2
Land area: 55640m2
Sold By
Daniel & Laura Mcmahon
Homeinthehunter
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Property Details for 55 Rhondda Rd, Teralba

55 Rhondda Rd, Teralba is a 7 bedroom, 6 bathroom House with 4 parking spaces and was built in 2001. The property has a land size of 55640m2 and floor size of 356m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 7 bedroom House sold in Teralba in the last 12 months.

Building Type
House
Year Built
2001
Floor Size
356m2
Land Size
55640m2
Local Government
Lake Macquarie
Lot/Plan
352/DP828894

Last Listing description (January 2024)

This is a once in a lifetime acreage offering in the heartbeat of Lake Macquarie; an unheard of 14 acres of your own bushland just 5km from Speers Point.

Framed with gumtrees, birdsong and filtered coastal vistas, this is your opportunity for dual income while holding onto something extraordinary for the future.

As the Birds Eye view so perfectly encapsulates in the video, this is one of the very last rural holdings left above the yachts and the new coastal estates. Situated in Teralba - the Hunter Regions best performing suburb over the last 5 years with homes in the new Billy's Lookout estate reaching $1.75 million.

Investors will note the two homes, a 4 bedroom and a 3 bedroom, with current rental income of $1,250. Successful tradesmen and business owners will note the ample parking and space, while still being close to schools, sports and shopping.

Whether its potential or proximity or privacy you are searching for? You have it all in this beautiful bush retreat.

Please note: Zoning E4. (unable to subdivide)

Highlights:

- Private and pretty road leading to the two homes, which are positioned on a good amount of level and accessible land.
- Plenty of parking for trucks, boats & caravans.
- Sustainably built barn-style 4 bedroom home with modern kitchen and 3 bathrooms.
- Rustic 3 bedroom cottage which could offer potential as an eco-retreat (stca) or airbnb.

Location: 5min to Speers Point, 7min to the Freeway, 20min to Charlestown, 25min to John Hunter Hospital. Only 1hr & 10min to Hornsby.

Lifestyle: Enjoy coffee on the foreshore at Harry & Lolas, cycle around Lake Macquarie or enjoy a sunset picnic at nearby Marmong Point Marina. Weekends you will love the waterfront Speers Point Farmers Market or brunching at Warners Bay. 10min to local Coles and Woolworths, 25min to Kotara Westfields or Redhead Beach and 40min to the Hunter Valley.

Property History for 55 Rhondda Rd, Teralba, NSW 2284

A timeline of how this property has performed in the market
Last Sold
$1,400,000
15 Jan 2024
  • 15 Jan 2024
    Sold for $1,400,000
  • 11 Sep 2023
    Listed for Sale Not Disclosed
  • 08 Sep 2022
    Listed for Sale Guide $1,850,000 - $2,035,000
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About Teralba 2284

The size of Teralba is approximately 14.2 square kilometres. It has 9 parks covering nearly 2.5% of total area. The population of Teralba in 2011 was 1,558 people. By 2016 the population was 1,587 showing a population growth of 1.9% in the area during that time. The predominant age group in Teralba is 50-59 years. Households in Teralba are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Teralba work in a trades occupation. In 2011, 73.2% of the homes in Teralba were owner-occupied compared with 72.1% in 2016.

Teralba has 1,627 properties. Over the last 5 years, Houses in Teralba have seen a 79.10% increase in median value, while Units have seen a 62.47% increase. As at 31 October 2024:

  • The median value for Houses in Teralba is $899,963 while the median value for Units is $598,513.
  • Houses have a median rent of $720 while Units have a median rent of $443.
There are currently 13 properties listed for sale, and no properties listed for rent in Teralba on OnTheHouse. According to CoreLogic's data, 75 properties were sold in the past 12 months in Teralba.

Suburb Insights for Teralba 2284

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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.