SOLD
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Sold on 21 May 2024 for $800,000

11 Lake Road
Wallsend NSW 2287

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Land area: 992m2
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Property Details for 11 Lake Rd, Wallsend

11 Lake Rd, Wallsend is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 992m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Wallsend in the last 12 months.

Building Type
House
Land Size
992m2
Local Government
Newcastle
Lot/Plan
61/DP714294

Last Listing description (May 2024)

Nesting on 992m2 this much loved family home that has been in the same family for over 60 years.

Presenting old school charm this solid well built home offers you an opportunity to renovate/update to create your ideal family home at some later stage or potential development STCA. Very comfortable bedrooms, separate living dining areas, upgraded bathroom & kitchen with plenty of storage and the ultimate backyard that the kids will thrive in.

For those that are wanting a very good solid home on a very large block then this one's worth inspecting. Another appealing aspect is the central location within minutes of all local area amenities, the freeway and backing onto Wallsend Park.

• Three bedrooms BIR's
• Upgraded bathroom
• Kitchen/dining separate living
• Ducted air conditioning + split system
• Woodfired heater, fans
• Covered rear BBQ area
• Double garage + carport
• Large 992m2 block approximately perfect for kids & pets
• Outstanding central location only minutes from all local area amenities
• 5 minutes to the freeway
• Just over 20 minutes to Newcastle CBD & Warners Bay Esplanade
• $550 - $580 weekly rental expectation

Property History for 11 Lake Rd, Wallsend, NSW 2287

A timeline of how this property has performed in the market
Last Sold
$800,000
21 May 2024
Listed for Rent
$580/w
23 Jul 2024
  • 28 Jun 2024
    Listed for Rent $580 / week
  • 21 May 2024
    Sold for $800,000
  • 24 Apr 2024
    Listed for Sale $850,000
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About Wallsend 2287

The size of Wallsend is approximately 13.5 square kilometres. It has 41 parks covering nearly 6.7% of total area. The population of Wallsend in 2011 was 12,308 people. By 2016 the population was 12,458 showing a population growth of 1.2% in the area during that time. The predominant age group in Wallsend is 20-29 years. Households in Wallsend are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wallsend work in a professional occupation. In 2011, 65.5% of the homes in Wallsend were owner-occupied compared with 61.2% in 2016.

Wallsend has 6,683 properties. Over the last 5 years, Houses in Wallsend have seen a 72.15% increase in median value, while Units have seen a 55.01% increase. As at 31 July 2024:

  • The median value for Houses in Wallsend is $774,867 while the median value for Units is $576,332.
  • Houses have a median rent of $580 while Units have a median rent of $520.
There are currently 14 properties listed for sale, and 10 properties listed for rent in Wallsend on OnTheHouse. According to CoreLogic's data, 322 properties were sold in the past 12 months in Wallsend.

Suburb Insights for Wallsend 2287

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Kosta Apostolidis
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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.