26 Lake Street, Wyee Point NSW 2259
This property is Off Market
- Last sold 8/23/2024 for $900,000. The Average property price in this area is $1,143,085, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 10.63 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
- 10/4/2024 11 WATANGA CRES $1,275,000
- 10/2/2024 35 BAY ST $745,000
- 9/30/2024 62 GOVERNMENT RD $400,000
- 9/23/2024 43 MULWALA DR $1,830,000
- 9/3/2024 7 SADDLERS WAY $2,275,000
About Morisset - Cooranbong
With an average age of 42, households expect an average monthly mortgage payment of $1,833 or a weekly rent payment of $400. The average family earns a weekly income of $1,770 with a typical household size of 2.5 and a 88.94% employment rate.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Wyee Point 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. The slightly lower than average earnings from occupations in Wyee Point changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. 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. Lower than average industry presence in Wyee Point we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Wyee Point a better buying opportunity than it may have been in the past.
Public Transport
Morisset
General Points of Interest
Avondale University - Lake Macquarie Campus
Mannering Park Amateur Sailing Club
Bonnells Bay Shopping Centre
Morisset Square
Morisset District Tennis Centre
Morisset Swim Centre
Fitlife pool
Myuna Bay NSW Sport & Recreation Centre
Raw Challenge
Wallarah Creek Interchange
Population
(Country of Birth not stated 5%)
Are people healthy?
There are a recorded 1927 asthma sufferers and 864 people living with diabetes. In addition, 1046 people have a heart/vascular condition and 2034 people live with three or more chronic diseases.A good place to invest in property?
Morisset - Cooranbong 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
15 / 100
31 / 100
Industry
15 / 100
22 / 100
Population
14 / 100
19 / 100
House Prices
54 / 100
60 / 100
Jobs
23 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsMannering Park PS Lake Munmorah HS
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Heritage College Lake Macquarie
Morisset, NSW, 2264 Independent K-12 -
Brightwaters Christian College
Brightwaters, NSW, 2264 Independent K-6
Property Story
26 Lake Street, Wyee Point, Nsw, 2259 is a residential property with 4 bedrooms, 2 bathrooms and 2 Parking spaces. The estimated distance to the sea is 10.63km and 0.14KM 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
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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