OFF MARKET

1 Olen Close
Wooli NSW 2462

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Land area: 690m2
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Last updated 16 Dec 2024
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Property Details for 1 Olen Cl, Wooli

1 Olen Cl, Wooli is a 2 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 690m2. While the property is not currently for sale or for rent, it was last sold in November 2015.

Building Type
House
Land Size
690m2
Local Government
Clarence Valley
Lot/Plan
17/DP261689

Last Listing description (December 2015)

For those looking for a coastal property at an entry level price (not to mention loads of potential) then this is the property for you! Opportunities don't get much better than this and you can be sure that it will be a long time before another one like this comes along. You simply have to get ready to bid, do whatever it takes, this might be the investment that changes your life.
One thing is certain, homes can be renovated or rebuilt whilst locations can not be changed and it's the prime location that makes this home so desirable. Few homes enjoy such a privileged position, occupying a large corner block a stone's throw from Wooli river and a short drive to the beach. The Wooli Tavern and general store are also just down the road. Surf, sun & sandy toes are at your doorstep.
This home not only provides a humble and affordable residence that you can utilise immediately, it also offers the potential to grow and improve over time. Why not make the most of it during the warmer months and renovate over the cooler months? You might even want to lease it long term and use your rental yields to fund the renovations in the future, whatever your pursuit, you won't put a foot wrong.

The moment you step out of the car you find the sense of tranquility and escape is total, Wooli is a secluded world of it's own.The home features two bedrooms, two bathrooms and two living areas. Polished floors and timber trims feature prominently whilst light colour tones reflect the light carefree surrounds. The main living area adjoins the kitchen whilst the second living area was added on years ago, providing a fantastic sun room which enjoys river breezes. There's plenty of space outside as well as a single carport and lock up garage. The front porch offers a sunny spot to soak up the beachside ambience whilst the established trees and shrubs provide the right amount of shade and privacy.
Fashion and trends are cyclical and this home's internal style has remained unchanged long enough to come full circle. The original decor was modern at the time of construction and many decades on that retro character is in vogue, in fact it's that funky retro vibe that makes this home so easy to love. As the new owner you may choose to embrace that character and make a few minor changes to freshen things up or maybe you'll choose to strip it right back and design your own architectural masterpiece - it's completely up to you!
The loving owner of this home has lived here happily for years however has recently re-located meaning the door is now open for new owners to experience the lifestyle and charm that this home has to offer. Arrange your inspection immediately and get yourself ready to bid.
The home will be going under the hammer on Tuesday the 17th of November and the instructions are loud & clear - WE MUST SELL!

Property History for 1 Olen Cl, Wooli, NSW 2462

A timeline of how this property has performed in the market
Last Sold
$210,000
17 Nov 2015
  • 17 Nov 2015
    Sold for $210,000
  • 20 Oct 2015
    Listed for Sale Not Disclosed

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About Wooli 2462

The size of Wooli is approximately 31.7 square kilometres. It has 3 parks covering nearly 89.8% of total area. The population of Wooli in 2011 was 492 people. By 2016 the population was 428 showing a population decline of 13.0% in the area during that time. The predominant age group in Wooli is 60-69 years. Households in Wooli are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wooli work in a trades occupation. In 2011, 72.3% of the homes in Wooli were owner-occupied compared with 81.8% in 2016.

Wooli has 604 properties. Over the last 5 years, Houses in Wooli have seen a 93.23% increase in median value, while Units have seen a 25.35% increase. As at 30 November 2024:

  • The median value for Houses in Wooli is $819,072 while the median value for Units is $380,016.
  • Houses have a median rent of $700.
There are currently 9 properties listed for sale, and no properties listed for rent in Wooli on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Wooli.

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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.