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Sold on 03 May 2024 for $790,000

50/50a Wakool St
Windale NSW 2306

Bedrooms: 5
Bathrooms: 2
Car spaces: -
Land area: 714m2
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Property Details for 50/50a Wakool St, Windale

50/50a Wakool St, Windale is a 5 bedroom, 2 bathroom House. The property has a land size of 714m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 5 bedroom House sold in Windale in the last 12 months.

Building Type
House
Land Size
714m2

Last Listing description (May 2024)

Presenting the perfect investment opportunity. On offer is two separate residences with the main abode consisting of 3 bedrooms, combined lounge/dining, added sunroom and updated kitchen. Secondary dwelling is approx. a 2-year young constructed two bedroom granny flat. Collectively both properties possess a strong rental history which are currently tenanted with occupants wishing to stay. Achieving a handsome $865 per week gross return on investment, all astute investors should definitely enquire.

Positionally the suburb is one of the most affordable entry level suburbs in the region while being located to take advantage of neighbouring lake foreshore in one direction and Redhead Beach in the opposite direction. Bunnings precinct development in the area has also added to the suburb's transformation.

Zoning: R2 Low Density Residential

Land Area: 714sqm approx
Council: Lake Macquarie
Land Rates: $2410pa approx
Water Rates: $812pa approx

We have obtained all information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. Photos maybe digitally edited and include virtual furniture.

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Property History for 50/50a Wakool St, Windale, NSW 2306

A timeline of how this property has performed in the market
Last Sold
$790,000
03 May 2024
  • 19 Mar 2024
    Listed for Sale RECENT SALES
  • 08 Aug 2022
    Listed for Sale $749,950

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About Windale 2306

The size of Windale is approximately 1.8 square kilometres. It has 5 parks covering nearly 26.3% of total area. The population of Windale in 2011 was 3,095 people. By 2016 the population was 3,358 showing a population growth of 8.5% in the area during that time. The predominant age group in Windale is 0-9 years. Households in Windale are primarily single parents and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Windale work in a labourer occupation. In 2011, 20.5% of the homes in Windale were owner-occupied compared with 19.2% in 2016.

Windale has 1,620 properties. Over the last 5 years, Houses in Windale have seen a 64.45% increase in median value, while Units have seen a 39.18% increase. As at 30 November 2024:

  • The median value for Houses in Windale is $743,952 while the median value for Units is $590,278.
  • Houses have a median rent of $520 while Units have a median rent of $358.
There are currently 1 property listed for sale, and 1 property listed for rent in Windale on OnTheHouse. According to CoreLogic's data, 105 properties were sold in the past 12 months in Windale.

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CENTURY 21 Novocastrian (Newcastle)
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