55 South Tce, Lauderdale is a 2 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 708m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom House sold in Lauderdale in the last 12 months.
Positioned on the Ralphs Bay Canal, and only a matter of minutes from picturesque Lauderdale beach, this charming 1950s era shack offers an affordable entry point into the market, or scope to start from scratch and capitalise on this incredible position.
The property is situated on a substantial 708 (approximately) square metre parcel of flat land, which also houses a spacious two-vehicle garage or workshop, and a carport that provides undercover parking for any additional vehicles. With general residential zoning, the opportunity exists for the new owner to develop the land and capitalise on what is simply a fabulous coastal position, subject to the usual approvals.
Once serving as a much-loved family shack, the property has been well maintained and retains all its 1950s features. The accommodation comprises two comfortable bedrooms, a main living room, combined kitchen and dining area, and a combined bathroom and laundry. Additional accommodation has been created in place of a formal dining room, and this space can be changed and utilised to suit the new owners.
Lauderdale offers an idyllic beachside lifestyle, with a host of popular cafes and restaurants, the ever-popular hill street grocer, well regarded primary schools, and coastal walking tracks all at your doorstep.
The size of Lauderdale is approximately 4.6 square kilometres. It has 8 parks covering nearly 26.4% of total area. The population of Lauderdale in 2011 was 2,281 people. By 2016 the population was 2,386 showing a population growth of 4.6% in the area during that time. The predominant age group in Lauderdale is 50-59 years. Households in Lauderdale are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lauderdale work in a professional occupation. In 2011, 83.9% of the homes in Lauderdale were owner-occupied compared with 82.6% in 2016.
Lauderdale has 1,080 properties. Over the last 5 years, Houses in Lauderdale have seen a 53.12% increase in median value, while Units have seen a 51.85% increase. As at 31 October 2024:
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