228 Ernest St, Lota is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 2023. The property has a land size of 455m2 and floor size of 231m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
First time to the market in 30 years! This is a great opportunity to build your new home on a 455 m2 block with 10 metre frontage.
Lota has proven to be a suburb that keeps giving. Median house prices over the past 5 years has seen an increase of 24.2%, with the current median house price being $720,000. New home construction and splitter blocks are in constant demand.
Ernest Street is just a short walk to The Esplanade, Parklands and Manly Village.
The size of Lota is approximately 2 square kilometres. It has 12 parks covering nearly 28.1% of total area. The population of Lota in 2011 was 3,254 people. By 2016 the population was 3,248 showing a population decline of 0.2% in the area during that time. The predominant age group in Lota is 40-49 years. Households in Lota are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lota work in a professional occupation. In 2011, 67.9% of the homes in Lota were owner-occupied compared with 71.5% in 2016.
Lota has 1,326 properties.
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