OFF MARKET

100 Lake Road
Tuggerah NSW 2259

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 221000m2
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Property Details for 100 Lake Rd, Tuggerah

Building Type
Land
Land Size
221000m2
Local Government
Central Coast
Lot/Plan
1/DP817541

Last Listing description (November 2019)

The Savills NSW Metropolitan and Regional Sales Team are pleased to present to the market 100 Lake Road. Located in the fast-evolving suburb of Tuggerah in the Central Coast Region, commonly known as the main Business Hub, Major Shopping precinct and Financial District for the Central Coast Council.

Prime Investment Opportunity with Scenic Water Views

Significant Land Holding of 22.43ha*
Flexible E3 Zoning Environmental Management
Close proximity to Sydney and Hunter region with easy access via the M1, Pacific Highway and Train Line
State & Federal Government have identified the need for a high-speed train from Sydney to Newcastle which set to be put in place in the near future
Access to an efficient transport network, with road, rail and bus facilities
Excellent health and education facilities, including major universities and major hospitals (Gosford Hospital, Wyong Hospital redevelopment, Gosford & Wyong TAFE Campus and Ourimbah University Campus)
Improved road and fail access to proposed Warnervale Town centre and upgrades to the Pacific and Central Coast Highways
Increased population growth has led to new jobs in education, construction and service industries
The precinct is seeing large amounts of population relocation from Sydney, who want a coastal lifestyle without a Sydney price tag

This property is to be sold by Expressions of Interest closing on Thursday the 14th of November at 2.00pm.

For further information, please feel free to contact one of the below agents.

*Approx.

Property History for 100 Lake Rd, Tuggerah, NSW 2259

A timeline of how this property has performed in the market
Last Sold
$1,930,000
21 Nov 2019
  • 21 Nov 2019
    Sold for $1,930,000
  • 30 Sep 2019
    Listed for Sale Contact Agent
  • 04 Sep 2018
    Sold

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About Tuggerah 2259

The size of Tuggerah is approximately 9.7 square kilometres. It has 14 parks covering nearly 23.3% of total area. The population of Tuggerah in 2011 was 1,017 people. By 2016 the population was 929 showing a population decline of 8.7% in the area during that time. The predominant age group in Tuggerah is 20-29 years. Households in Tuggerah are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tuggerah work in a professional occupation. In 2011, 61.9% of the homes in Tuggerah were owner-occupied compared with 60.3% in 2016.

Tuggerah has 1,833 properties. Over the last 5 years, Houses in Tuggerah have seen a 58.18% increase in median value, while Units have seen a 38.69% increase. As at 31 October 2024:

  • The median value for Houses in Tuggerah is $828,543 while the median value for Units is $675,897.
  • Houses have a median rent of $580 while Units have a median rent of $7,218.
There are currently 15 properties listed for sale, and 40 properties listed for rent in Tuggerah on OnTheHouse. According to CoreLogic's data, 51 properties were sold in the past 12 months in Tuggerah.

Suburb Insights for Tuggerah 2259

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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.