OFF MARKET

4 School Lane
Wangi Wangi NSW 2267

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 143m2
Land area: 736m2
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Property Details for 4 School Lane, Wangi Wangi

4 School Lane, Wangi Wangi is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1975. The property has a land size of 736m2 and floor size of 143m2. While the property is not currently for sale or for rent, it was last sold in January 2022.

Building Type
House
Year Built
1975
Floor Size
143m2
Land Size
736m2
Local Government
Lake Macquarie
Lot/Plan
A/DP417795

Last Listing description (February 2022)

Rarely would you find so many opportunities in the one property. This four-bedroom brick home is located on a narrow neck of land leading to Wangi peninsula. This means it has waterfront reserve and lake views in both directions, plus an easterly aspect to catch both the sea breeze and winter sun.

It offers large rooms and is ready for a refresh so you can add your own style and profit from your efforts.

Being a corner block, the backyard has full street access and equally good lake views. A perfect situation to subdivide and build your new home while living in the existing home or build a granny flat for dual rental income (all subject to council approval).

The location is superb, as is the aspect, and Wangi itself is one of the few lake suburbs where ALL the waterfront is public reserve. Not only can you see the lake, but you can also use it!

This is an ideal lakeside suburb that will encourage the kids to get out and explore their world.

Call our office today on 02 4958 8555 to book your inspection.

Disclamer: Image above with potential for subdivision is an artist's impression only. Purchaser is to undertake their own due diligence in relation to development and subdivision.

Guidelines for attending Inspections:
Attendees must be fully vaccinated to enter be ready to show your Tick
Face masks must be worn indoors at all times unless an exemption applies as per Government regulations
A QR Code system (Service NSW App) remains in place and all attendees must check in and out
Density limits will apply depending on individual property sizes
Staff and visitors must continue to physically distance 1.5m at all times when indoors.
Sanitiser stations are provided upon entry for hygiene requirements

Please do not attend if you have travelled overseas, been in contact with someone with COVID-19 or have been showing flu like symptoms (fever, cough, shortness of breath, difficulty breathing etc) during the last 14 x days

Our staff have the right to refuse your entry if you fail to comply with any of the guidelines.
Unvaccinated applicants are welcome to contact our office to register for a virtual tour.

Property History for 4 School Lane, Wangi Wangi, NSW 2267

A timeline of how this property has performed in the market
Last Sold
$770,000
14 Jan 2022
  • 14 Jan 2022
    Sold for $770,000
  • 06 Jul 2021
    Listed for Sale $770,000
  • 09 Oct 2017
    Sold

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About Wangi Wangi 2267

The size of Wangi Wangi is approximately 3.6 square kilometres. It has 7 parks covering nearly 23.5% of total area. The population of Wangi Wangi in 2011 was 2,669 people. By 2016 the population was 2,787 showing a population growth of 4.4% in the area during that time. The predominant age group in Wangi Wangi is 60-69 years. Households in Wangi Wangi are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Wangi Wangi work in a professional occupation. In 2011, 71% of the homes in Wangi Wangi were owner-occupied compared with 73.2% in 2016.

Wangi Wangi has 1,661 properties. Over the last 5 years, Houses in Wangi Wangi have seen a 76.05% increase in median value, while Units have seen a 40.08% increase. As at 31 August 2024:

  • The median value for Houses in Wangi Wangi is $945,052 while the median value for Units is $621,451.
  • Houses have a median rent of $568 while Units have a median rent of $390.
There are currently 23 properties listed for sale, and 6 properties listed for rent in Wangi wangi on OnTheHouse. According to CoreLogic's data, 62 properties were sold in the past 12 months in Wangi wangi.

Suburb Insights for Wangi Wangi 2267

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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.