72-74 Morrison AvenueWombarra NSW 2515
Property Details for 72-74 Morrison Ave, Wombarra
Last Listing description (September 2024)
Nestled in the heart of Wombarra, a hidden gem awaits the keen eye of developers, builders and renovators. This two-bedroom house, ripe for a transformative touch, presents a unique opportunity for those looking to capitalise on the burgeoning market or craft their dream coastal retreat.
Set upon a generous double block totalling 1,618 square metres the property offers a breadth of development possibilities with C4 zoning, (STCA). With the land backing onto the escarpment, privacy and a sense of seclusion are paramount, providing a serene backdrop for any future dwelling.
The existing structure, in need of renovation, allows the visionary to reimagine the space, harnessing the potential to either refurbish the home into a contemporary haven or to conceive a new architectural masterpiece.
The coastal lifestyle is at your doorstep, with less than 5km separating you from the pristine sands of Wombarra, Coledale, Sharkys, Scarborough, and Austinmer beaches. The convenience of Wombarra train station less than 1km away ensures connectivity to the cityscape, with Sydney merely an hour's drive and Wollongong CBD just a 30-minute journey.
This is more than a mere property-it's a blank canvas for the astute developer or a foundation for a bespoke coastal residence. Seize the opportunity to build a legacy, be it a lucrative investment or a personal sanctuary by the sea.
Property History for 72-74 Morrison Ave, Wombarra, NSW 2515
- 14 Aug 2024Listed for Sale Price on Application
- 28 Feb 2024Listed for Sale $1,600,000 - $1,700,000
- 03 Nov 2023Sold
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0About Wombarra 2515
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 110.91% increase in median value, while Units have seen a 40.56% increase. As at 31 August 2024:
- The median value for Houses in Wombarra is $2,364,827 while the median value for Units is $1,100,211.
- Houses have a median rent of $865.
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