SOLD
Sold on 12 May 2024 for $1,215,000

5 Smiths Lane
Wollongbar NSW 2477

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 142m2
Land area: 2009m2
Sold By
Belle Property Byron Bay
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Property Details for 5 Smiths Lane, Wollongbar

5 Smiths Lane, Wollongbar is a 3 bedroom, 2 bathroom House. The property has a land size of 2009m2 and floor size of 142m2. 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 Wollongbar in the last 12 months.

Building Type
House
Floor Size
142m2
Land Size
2009m2
Local Government
Ballina
Lot/Plan
1/DP244611

Last Listing description (October 2024)

Welcome to 5 Smiths Lane, Wollongbar, nestled in the picturesque Ballina/Byron hinterland. This exceptional development opportunity awaits, boasting a coveted corner position with unparalleled convenience.

Key Features:
- Development approval in place for 6 x 2 bedroom & 2 x 1 bedroom units/villas - Ready to Build!

- Valuable corner location for maximum visibility and accessibility.
- Walking distance to schools, shops, industrial area, and the local tavern.
- Conveniently positioned next to the Bruxner Highway for easy access to Ballina, local beaches, and Lismore's hospitals, university, and vibrant lifestyle.

With infrastructure and amenities already at your doorstep, seize this opportunity to create a thriving community hub or an idyllic residential enclave with 8 spacious units/villas.

Whether you're an investor, developer, or visionary, don't miss out on this rare chance to shape the future of this sought-after locale. Enquire now and unlock the potential of 5 Smiths Lane, Wollongbar!

Contact us today to arrange a viewing and begin your journey towards realizing the limitless potential of this prime development site. Opportunities like this are rare - Act now!

Property History for 5 Smiths Lane, Wollongbar, NSW 2477

A timeline of how this property has performed in the market
Last Sold
$1,215,000
12 May 2024
  • 05 Aug 2024
    Listed for Rent $680 / week
  • 12 May 2024
    Sold for $1,215,000
  • 10 Apr 2024
    Listed for Sale Auction this Sunday at 9am
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About Wollongbar 2477

The size of Wollongbar is approximately 17.8 square kilometres. It has 1 park covering nearly 24.4% of total area. The population of Wollongbar in 2011 was 2,395 people. By 2016 the population was 2,825 showing a population growth of 18.0% in the area during that time. The predominant age group in Wollongbar is 10-19 years. Households in Wollongbar are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wollongbar work in a professional occupation. In 2011, 75.3% of the homes in Wollongbar were owner-occupied compared with 75.1% in 2016.

Wollongbar has 1,649 properties. Over the last 5 years, Houses in Wollongbar have seen a 67.97% increase in median value, while Units have seen a 40.53% increase. As at 31 October 2024:

  • The median value for Houses in Wollongbar is $905,810 while the median value for Units is $560,563.
  • Houses have a median rent of $700 while Units have a median rent of $640.
There are currently 28 properties listed for sale, and no properties listed for rent in Wollongbar on OnTheHouse. According to CoreLogic's data, 74 properties were sold in the past 12 months in Wollongbar.

Suburb Insights for Wollongbar 2477

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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.