5 Sherwood StreetArcadia Vale NSW 2283
Property Details for 5 Sherwood St, Arcadia Vale
5 Sherwood St, Arcadia Vale is a 3 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 1172m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in June 2022.
Last Listing description (June 2022)
* A great long term property investment - lovely home on a huge block with dual street frontage
* Brick and tile home with 3 bedrooms, ensuite and main bathroom, 3rd toilet downstairs in storage/workshop area
* 2 double garages - one off Sherwood Street and another off Brooks Street (concrete driveway to each garage)
* 1,170sqm block with approximately 35m frontage to Sherwood Street and approximately 25m frontage to Brooks Street
* Reverse cycle air conditioning, potential for a great renovation/extension
* Located next to a council reserve and sitting within approximately 350m off large waterfront reserve park
* Live in and make it your own or rent out and develop later subject to any council approvals
* Not many blocks come along this big so close to the lake, rare opportunity
*Approx. Rental potential of $560.00 to $580.00 per week
* Floor plan available on request
* Flexible inspection times available
A property with attributes that will suit multiple buyers in todays market - firstly those looking for a lovely home a really big block close to the lake and schools, secondly those looking for a site to knock down and rebuild their dream home later on, and thirdly those looking to develop and make some money out of the site using the two street frontages and zoning.
Offering a huge 1,170sqm block with two large road frontages and an immaculate 3 bedroom brick and tile home with an ensuite and main bathroom, large living area, big kitchen and workshop and storage downstairs with 3rd toilet. Sitting within 5 minutes of Wangi and Rathmines shopping villages, within the same distance are 3 very good primary schools (Arcadia Vale Primary School sits direclty behind this property), the lake and park at the end of the street and so much more.
Sitting 75 minutes out of Sydney, 45 minutes to Newcastle and 9 minutes to Toronto's CBD this is a great opportunity to land bank or just enjoy a great real estate opportunity right near Lake Macquarie. Call for a private inspection today
From all of us at Ray White Toronto/Lake Macquarie, we wish you every success in your search for your home. If you
would like more detail on this home or to chat about one of the many other properties we have available please call or email us today.
DISCLAIMER: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document
Property History for 5 Sherwood St, Arcadia Vale, NSW 2283
- 03 Jun 2022Sold for $920,000
- 24 May 2022Listed for Sale $959,000
- 11 Nov 2021Sold
Recent sales nearby
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About Arcadia Vale 2283
The size of Arcadia Vale is approximately 1.4 square kilometres. There are 4 parks, covering nearly 4.5% of the total area. The population of Arcadia Vale in 2016 was 1378 people. By 2021 the population was 1431 showing a population growth of 3.8% in the area during that time. The predominant age group in Arcadia Vale is 50-59 years. Households in Arcadia Vale are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Arcadia Vale work in a trades occupation.In 2021, 80.60% of the homes in Arcadia Vale were owner-occupied compared with 81.10% in 2016.
Arcadia Vale has 686 properties. Over the last 5 years, Houses in Arcadia Vale have seen a 37.80% increase in median value. As at 31 July 2026:
- The median value for Houses in Arcadia Vale is $900,124 while the median value for Units is $699,027.
- Houses have a median rent of $650.
Suburb Insights for Arcadia Vale 2283
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