OFF MARKET

40 Cherry Lane
Wolumla NSW 2550

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 229m2
Land area: 25000m2
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Property Details for 40 Cherry Lane, Wolumla

40 Cherry Lane, Wolumla is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1995. The property has a land size of 25000m2 and floor size of 229m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
House
Year Built
1995
Floor Size
229m2
Land Size
25000m2
Local Government
Bega Valley
Lot/Plan
12/DP749399

Last Listing description (July 2024)

A Rare Property on Cherry Lane!

This is a rare opportunity to own a significant property in the beautiful "Cherry Lane" Wolumla, as a crow flys this is a fantastic location being 15 minutes' drive to the Bega/Tathra regions, or the Merimbula township and iconic beaches, it offers so much in terms of versatility, privacy, and convenience.

Situated on approximately 6.5 acres of flat land (fully fenced) with a large dam and water tanks.

The main home comprises of three bedrooms and two bathrooms, with multiple open plan living spaces, giving you plenty of room for the family to move about, cozy up in front of the stunning woodfire in the winter months, and keep nice and cool in the summer months with the reverse cycle cooling/heating system.

Enjoy the views from the kitchen overlooking the pool/alfresco entertaining area, spanning out further to the land and distant hills, a perfect property for hobby farming/small animals/veggie gardens, with ample shedding available providing plenty of room for storage.

For your own private inspection of this property call Tammy Carroll today on 0447 918 064.

Property History for 40 Cherry Lane, Wolumla, NSW 2550

A timeline of how this property has performed in the market
Last Sold
$1,070,000
08 Sep 2022
  • 08 Sep 2022
    Sold for $1,070,000
  • 30 Jun 2022
    Listed for Sale Price Guide $1,175,000
  • 14 Apr 1994
    Sold for $75,000

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About Wolumla 2550

The size of Wolumla is approximately 30.7 square kilometres. It has 3 parks covering nearly 0.1% of total area. The population of Wolumla in 2011 was 874 people. By 2016 the population was 693 showing a population decline of 20.7% in the area during that time. The predominant age group in Wolumla is 50-59 years. Households in Wolumla are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Wolumla work in a trades occupation. In 2011, 81.6% of the homes in Wolumla were owner-occupied compared with 87.6% in 2016.

Wolumla has 380 properties. Over the last 5 years, Houses in Wolumla have seen a 37.94% increase in median value. As at 31 October 2024:

  • The median value for Houses in Wolumla is $648,099 while the median value for Units is $577,221.
There are currently 5 properties listed for sale, and no properties listed for rent in Wolumla on OnTheHouse. According to CoreLogic's data, 18 properties were sold in the past 12 months in Wolumla.

Suburb Insights for Wolumla 2550

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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.