SOLD
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Sold on 24 May 2024 - Price Unavailable

8 Cerreto Circuit
Wollongbar NSW 2477

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 867.4m2
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Property Details for 8 Cerreto Cct, Wollongbar

8 Cerreto Cct, Wollongbar is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 867.4m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 4 bedroom House sold in Wollongbar in the last 12 months.

Building Type
House
Land Size
867.4m2
Local Government
Ballina
Lot/Plan
136/DP814523

Last Listing description (May 2024)

Investors, take note of this prime real estate offering in the tranquil suburb of Wollongbar, boasting a spacious land area of 867.40 sqm. This property presents a lucrative opportunity for those looking to expand their portfolio with a substantial family home or a solid rental asset.
Property Highlights:

- A generous 4-bedroom residence offering ample space for comfortable living or solid rental demand.
- 2 well-appointed bathrooms, including an ensuite for the master bedroom, ensuring convenience for all occupants.
- A modern kitchen with sleek cabinetry, tiled backsplash, and a central island that serves as the heart of the home.
- Open-plan alfresco and dining areas with large windows and sliding doors, inviting an abundance of natural light and seamless indoor-outdoor flow.
- A secure double garage providing ample storage and parking solutions.
Outdoor Features:
- A sloping backyard with room for outdoor activities and potential future enhancements such as dual occupancy (STCA)
- A covered balcony area, ideal for alfresco dining or relaxing while overlooking the serene surroundings.
- The property is fully fenced, offering privacy and security.
Location Advantages:
- Situated in a peaceful neighbourhood with a strong community vibe.
- Close proximity to local amenities, schools, and shopping centers, adding to the property's appeal for families and tenants.
- The expansive land size and positioning provide a sense of seclusion while still being connected to the community.
Investment Potential:
- The substantial land size and well-maintained home offer immediate rental returns with the prospect of long-term capital growth.
- The property's layout and location are highly attractive for families, ensuring consistent rental demand.

This property is a must-see for serious investors seeking to upscale their real estate holdings. With its combination of size, modern features, and prime location, it represents a strategic acquisition with multiple avenues for value creation. All this on a sloping 847 sq.m fenced block. This easy-care home is exceptionally convenient to local shops being 1.1 km to Wollongbar shopping centre and tavern, Alstonville High School is 4.3 km and Wollongbar Primary School is 1.5kms, and the rugby club is just down the road. 8 Cerreto Cct, Wollongbar is located just 22 km to Ballina airport and beaches, 91 km to Gold Coast airport and 16 km to Lismore CBD. Call Terry on 0412 988 577 or Robert on 0414 252 190 for private viewing.

Disclaimer: We have used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements. Prospective purchasers should make their own enquiries to verify the information.

Property History for 8 Cerreto Cct, Wollongbar, NSW 2477

A timeline of how this property has performed in the market
Last Sold
24 May 2024
Listed for Rent
$780/w
22 Jun 2022
  • 24 May 2024
    Sold for $750,000
  • 24 Nov 2022
    Listed for Sale $799,000
  • 01 Jun 2022
    Listed for Rent $780 / week
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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 58.26% increase in median value, while Units have seen a 35.37% increase. As at 30 September 2024:

  • The median value for Houses in Wollongbar is $901,340 while the median value for Units is $538,234.
  • 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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Contact agent
Terry Wallace
Show contact details
Robert Menin
Show contact details
LJ Hooker Lismore
Preferred contact:
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.