5 Norfolk StreetThe Entrance NSW 2261
Property Details for 5 Norfolk St, The Entrance
5 Norfolk St, The Entrance is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 541m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in March 2020.
Last Listing description (July 2021)
Zoned R3, this 556m2 property is situated in an elevated position within walking distance to the stunning lakeside water front and only moments drive to the buzzing Entrance town centre, local beaches, schools and amenities.5 Norfolk Street is in original and extremely tidy condition, complete with lake views from the rear covered entertainment decking and a generous sized backyard ideal for the kids and pets to roam.Currently tenanted, this young family are keen to stay on if the option presents itself, offering instant income for those looking to expand their investment portfolio and want to sit back and watch the area boom over the coming years.Alternatively, the rare R3 zoning offers opportunity to knock down, build, renovate, expand to your hearts content (STCA).Ideal purchase for first home buyers, renovators, developers, builders, investors!
Property History for 5 Norfolk St, The Entrance, NSW 2261
- 09 Mar 2020Sold for $560,000
- 27 Feb 2020Listed for Sale New To Market
- 23 Feb 2018Listed for Rent - Price not available
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0About The Entrance 2261
The size of The Entrance is approximately 1.6 square kilometres. It has 5 parks covering nearly 15.8% of total area. The population of The Entrance in 2011 was 3,872 people. By 2016 the population was 4,020 showing a population growth of 3.8% in the area during that time. The predominant age group in The Entrance is 60-69 years. Households in The Entrance are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in The Entrance work in a professional occupation. In 2011, 32.8% of the homes in The Entrance were owner-occupied compared with 36.5% in 2016.
The Entrance has 4,346 properties. Over the last 5 years, Houses in The Entrance have seen a 72.00% increase in median value, while Units have seen a 45.95% increase. As at 31 July 2024:
- The median value for Houses in The Entrance is $1,137,693 while the median value for Units is $663,977.
- Houses have a median rent of $550 while Units have a median rent of $495.
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