503 Lawrence Hargrave Dr, Wombarra is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 934m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in March 2016.
Located on the eastern side of Lawrence Hargrave Drive one residential lot back from the beachfront is this supersize level corner parcel of land. With an older character style cottage currently configured as 2 flats (2 x 2 bedroom) with current aggregate rental return of $650 per week. Options available to a prospective purchaser include continue existing investment with very healthy capital growth prospects, subdivide/develop (subject to Council approval), renovate existing infrastructure or demolish and build your magnificent dream home. You'll be able to hear the surf, 'view the blue' and swim at a patrolled surf beach every day. Be the envy of your friends with this super lifestyle and the escarpment as a picturesque backdrop. You are literally nestled between the blue and the green. A great haven for the Sydney commuter (approximately 1 hour drive to CBD and 10 minutes walk to local station).
The size of Wombarra is approximately 1.7 square kilometres. It has 4 parks covering nearly 8.7% of total area. The population of Wombarra in 2011 was 864 people. By 2016 the population was 875 showing a population growth of 1.3% in the area during that time. The predominant age group in Wombarra is 50-59 years. Households in Wombarra are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Wombarra work in a professional occupation. In 2011, 75.5% of the homes in Wombarra were owner-occupied compared with 81.4% in 2016.
Wombarra has 455 properties. Over the last 5 years, Houses in Wombarra have seen a 95.44% increase in median value, while Units have seen a 30.69% increase. As at 30 November 2024:
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