63 O'Connells Point RoadWallaga Lake NSW 2546
Property Details for 63 O'Connells Point Rd, Wallaga Lake
63 O'Connells Point Rd, Wallaga Lake is a 1 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1079m2 and floor size of 93m2.
Last Listing description (January 2023)
A fabulous lakefront block of 1,009m2 ( acre), with a number of buildings spread across the site, giving an interesting sense of the property's history, and a starting point for the next phase of development by a new owner.
Work was originally commenced for a main Besser block residence, and completed to the point of foundations and a number full height Besser block walls which today describe the outer perimeter of the proposed residence; and now sit amidst the garden environment. Adjoining this is the already completed amenities section of the proposed residence, providing a finished laundry, bathroom and toilet.
Abutting the lake reserve is a three roomed cabin structure which was allowed under the approved Development Application to remain there as a studio/gallery, though initially used as a temporary dwelling.
A detached garage/studio is located on the street frontage side.
This property offers as great opportunity for someone with their own architectural inspiration to complete this project in a way that capitalises on the initial development already on the site.
Property History for 63 O'Connells Point Rd, Wallaga Lake, NSW 2546
- 22 Jun 2022Listed for Sale By Negoitation - Vicinity of $890,000 - $940,000
- 05 Mar 2022Listed for Sale By Negoitation - Vicinity of $890,000 - $940,000
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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 451 properties. Over the last 5 years, Houses in Wallaga Lake have seen a 86.33% increase in median value. As at 30 November 2024:
- The median value for Houses in Wallaga Lake is $882,585 while the median value for Units is $500,626.
- Houses have a median rent of $300.
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