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
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:
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