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Unit 1,
36 ELIZABETH BAY DRIVE Lake Munmorah NSW 2259

This property is Off Market

All about Lake Munmorah Homes for sale in Lake Munmorah


  • Last sold 3/1/2024 for $495,000. The Average property price in this area is $779,370, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 1.55 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

The Agency 17 FAY ST, Contact agent 3 Beds - 2 Baths - 2 Parking Within 0.2 km Ray White 35 CLARENCE ST, 700000 0 Beds - 0 Baths - 0 Parking Within 0.4 km The Agency 11 HARTOG AV, Contact Agent Beds - Baths - Parking Within 1.0 km The Agency 35 WOODBRIDGE CR, Guide $675,000 3 Beds - 1 Baths - 2 Parking Within 1.2 km LJ Hooker 35 LAUREN AV, $880,000 - $940,000 3 Beds - 2 Baths - 4 Parking Within 1.2 km Ray White 11 COVINGTON CT, 649000 3 Beds - 1 Baths - 2 Parking Within 1.3 km Stone Real Estate 178 ELIZABETH BAY DR, Contact Agent 3 Beds - 1 Baths - 1 Parking Within 1.3 km LJ Hooker 21 AGATHA AV, $860,000 - $910,000 3 Beds - 2 Baths - 5 Parking Within 1.4 km Ray White 7 ROANOKE DR, 669000 3 Beds - 1 Baths - 1 Parking Within 1.5 km Ray White 10 FRANKLIN DR, 614250 3 Beds - 1 Baths - 2 Parking Within 1.5 km At Realty UNIT 5, PARK TREES VILLAGE, 750 PACIFIC HWY, $320,000 - $350,000 2 Beds - 1 Baths - 0 Parking Within 1.6 km At Realty 17 ADELINE AV, Just Listed 3 Beds - 2 Baths - 2 Parking Within 1.7 km LJ Hooker 138 ANITA AV, $880,000 - $920,000 2 Beds - 1 Baths - Parking Within 1.8 km Ray White 6 COLONGRA BAY RD, 885000 3 Beds - 2 Baths - 1 Parking Within 2.3 km The Agency 15 KORADJI AV, Contact Agent 4 Beds - 3 Baths - 2 Parking Within 2.4 km At Realty SITE 274, 51 KAMILAROO AV, $559,000 2 Beds - 2 Baths - 0 Parking Within 2.6 km At Realty UNIT 148, 2 SALIENA AV, $630,000 3 Beds - 2 Baths - 1 Parking Within 2.7 km Ray White UNIT 172, LAKESIDE LEISURE VILLAGE, 51 KAMILAROO AV, 410000 3 Beds - 2 Baths - 2 Parking Within 2.8 km

Recently Sold Properties in this Area

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About Lake Munmorah - Mannering Park

With an average age of 40, households expect an average monthly mortgage payment of $1,994 or a weekly rent payment of $380. The average family earns a weekly income of $1,787 with a typical household size of 2.5 and a 91.19% employment rate.

In Lake Munmorah there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Lake Munmorah is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Lake Munmorah leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Lake Munmorah the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 3%)

Are people healthy?

There are a recorded 1708 asthma sufferers and 771 people living with diabetes. In addition, 1048 people have a heart/vascular condition and 1888 people live with three or more chronic diseases.

A good place to invest in property?

Lake Munmorah - Mannering Park a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

New South Wales State average 59 / 100

Income

11 / 100

31 / 100

Industry

10 / 100

22 / 100

Population

06 / 100

19 / 100

House Prices

53 / 100

60 / 100

Jobs

15 / 100

29 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Lake Munmorah PS Lake Munmorah HS
  • Mannering Park Public School

    Mannering Park, NSW, 2259 State K-6

  • Nords Wharf Public School

    Nords Wharf, NSW, 2281 State K-6

  • Northlakes Public School

    San Remo, NSW, 2262 State K-6

  • Lake Munmorah Public School

    Lake Munmorah, NSW, 2259 State K-6

  • Northlakes High School

    San Remo, NSW, 2262 State 7-12

  • Gwandalan Public School

    Gwandalan, NSW, 2259 State K-6

  • St Brendan's Catholic Primary School

    Lake Munmorah, NSW, 2259 Independent K-6


Property Story

Unit 1, 36 Elizabeth Bay Drive, Lake Munmorah, Nsw, 2259 is a residential property with 2 bedrooms, 1 bathrooms and 1 Parking spaces. The estimated distance to the sea is only 1.55km and 0.05KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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