SOLD
Sold on 01 Feb 2024 for $855,000

1 Fairhaven Point Way
Wallaga Lake NSW 2546

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 169m2
Land area: 613m2
Sold By
Marshall and Tacheci Real Estate Bermagui
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Property Details for 1 Fairhaven Point Way, Wallaga Lake

1 Fairhaven Point Way, Wallaga Lake is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1990. The property has a land size of 613m2 and floor size of 169m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 4 bedroom House sold in Wallaga Lake in the last 12 months.

Building Type
House
Year Built
1990
Floor Size
169m2
Land Size
613m2
Local Government
Bega Valley
Lot/Plan
25/DP32243

Last Listing description (March 2024)

Wonderfully positioned, this home is located at the end of the Fairhaven peninsula with Wallaga Lake reserve bordering onto the front and side boundaries. The property blends gradually from attractive gardens surrounding the house and into the natural lakefront parkland with a small track leading down to pristine, Mead's Bay. Go for a swim or paddle a canoe in this fabulous secluded bay.

With lots of character, the two-story house offers 3 bedrooms upstairs and a master downstairs. There are 2 bathrooms, galley kitchen with stainless steel appliances and adjoining dining room, large separate living room and a small lounge space upstairs opening onto a balcony .

A feature of the home is a huge rear deck large enough for alfresco dining and entertaining, long lazy morning coffee's and just plenty of room to relax and enjoy the serenity of the natural surrounds.

Garaging is provided by a detached brick garage and adjoining tandem carport.

Hard to repeat, a top position in this highly sought-after lakeside location, with Bermagui and its beaches nearby.

Property History for 1 Fairhaven Point Way, Wallaga Lake, NSW 2546

A timeline of how this property has performed in the market
Last Sold
$855,000
01 Feb 2024
  • 01 Feb 2024
    Sold for $855,000
  • 06 Apr 2023
    Listed for Sale $1,040,000
  • 31 May 2012
    Sold for $424,000
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About Wallaga Lake 2546

The size of Wallaga Lake is approximately 12.4 square kilometres. It has 2 parks covering nearly 2.3% of total area. The population of Wallaga Lake in 2011 was 525 people. By 2016 the population was 542 showing a population growth of 3.2% in the area during that time. The predominant age group in Wallaga Lake is 60-69 years. Households in Wallaga Lake are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wallaga Lake work in a professional occupation. In 2011, 76.7% of the homes in Wallaga Lake were owner-occupied compared with 82.9% in 2016.

Wallaga Lake has 448 properties. Over the last 5 years, Houses in Wallaga Lake have seen a 82.61% increase in median value. As at 31 October 2024:

  • The median value for Houses in Wallaga Lake is $858,739 while the median value for Units is $505,857.
  • Houses have a median rent of $300.
There are currently 13 properties listed for sale, and 1 property listed for rent in Wallaga lake on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Wallaga lake.

Suburb Insights for Wallaga Lake 2546

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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.