71 Lake RoadTuggerah NSW 2259
Property Details for 71 Lake Rd, Tuggerah
71 Lake Rd, Tuggerah is a 4 bedroom, 2 bathroom House with 8 parking spaces. The property has a land size of 4388m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Last Listing description (September 2015)
PURPOSE BUILT DUAL OCCUPANCY DESIGNED TO MAXIMISE YOUR RENTAL RETURN. EACH 2 BED HAS BEEN RETURNING $290/WEEK AND THE DETACHED SHED IS RENTED AT $50/WEEK. THIS IS A FANTASTIC PROPERTY WHICH OFFERS INVESTORS THE BENEFITS OF MULTIPLE RENTAL INCOMES WITH A TOTAL RENTAL RETURN OF UP TO $630 PER WEEK. LOCATED IN THE VERY POPULAR SUBURB OF BALCOLYN THE PROPERTY IS ONLY A SHORT STROLL TO NEARBY SHINGLE SPLITTERS RESERVE.
Property History for 71 Lake Rd, Tuggerah, NSW 2259
- 04 Feb 2022Sold for $1
- 23 Jun 2015Listed for Sale POSITIVE CASHFLOW? $469,000
- 22 Sep 2008Sold for $445,000
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0About 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 1,843 properties. Over the last 5 years, Houses in Tuggerah have seen a 60.44% increase in median value, while Units have seen a 27.11% increase. As at 30 November 2024:
- The median value for Houses in Tuggerah is $827,740 while the median value for Units is $617,798.
- Houses have a median rent of $580 while Units have a median rent of $7,218.
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