404/1 Mawson Close, Caves Beach, NSW 2281 | Property Value & History | OnTheHouse
OFF MARKET

404/1 Mawson Close
Caves Beach NSW 2281

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 160m2
Land area: 1404m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 1 Dec 2025
Low

High
Save

Property Details for 404/1 Mawson Cl, Caves Beach

404/1 Mawson Cl, Caves Beach is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2017. The property has a land size of 1404m2 and floor size of 160m2. While the property is not currently for sale or for rent, it was last sold in December 2019.

Building Type
Unit
Year Built
2017
Floor Size
160m2
Land Size
1404m2
Local Government
Lake Macquarie
Lot/Plan
24/SP96487

Last Listing description (February 2020)

Very few apartments anywhere can boast exclusive private access to an entire roof-top where 360° degree views simply take your breath away, we have never seen anything like it, breaking waves and sandy beach virtually slap you in the face, they feel so close, follow the ribbon of turquoise where the Channel works its way from the cobalt Pacific Ocean into the lovely aqua blues and greens of one of the world's most stunning Lakes, 41/2 times the size of Sydney Harbour and the Southern Hemisphere's largest salt water Lake, the water sports opportunities here are endless, from yacht races to tiny skiffs, from kayaking to kite surfing, picture days out fishing and jet skiing where your biggest problem is deciding whether to head out to sea and go wave jumping or just drift around one of the delicious sand islands spotted around the perfect water ways our Eastern side of the Lake promises. The sheer size of this rooftop is confounding, before you even begin to take in the outlook and amazing vistas your jaw drops at the sheer space and then the views just make it drop further,
when you appreciate only you and your invited guests can enjoy it the reality of what you are
buying here really sets in, it's a lifestyle and it's an almost 1 off, perhaps never to be repeated opportunity ......

- The setting is Caves, the beach & surrounding secluded sandy water getaways are sublime
- Cafes, grocers, beer, wine & food are all now on tap with a great village vibe & no traffic

- Lift access delivers you to your door from your secure 2 car spaces & massive storage cage
- Expect house like proportions, a level of finish & virtually un-heard of construction quality
- Space & ceiling heights impress with generous living, kitchen, bedrooms & bathrooms too
- Designer kitchen stars a massive waterfall edge stone island bench & European appliances
- Soft close everything, 40mm high end quality stone tops, wine chiller & tons of drawers
- The only apartment in Sterling's premier No. 1 tower to boast fully ducted air conditioning
- A little touch of lux with remote blinds in the big open living & soft sheer framing curtains
- Big wrap around covered decks float off the living with panoramic Northerly water views
- Set away master suite with deck access plus his & her walk through robes to a sexy ensuite
- A separate bedrooms & bathroom wing boasts an incredible volume of built in storage

- Separate office with pull down double bed & 2 double bedrooms with big views & robes
- Full size bathroom - big freestanding bath, large luxurious shower & suspended vanities

Designed for high end, very private living, this penthouse is the only apartment out of 26 to enjoy exclusive use and access to the most amazing rooftop living, the developer and many close family members chose to make "Sterling" home and the investment into the quality of these apartments' construction and fit out is very telling, this developer didn't put the construction out to tender to seek the least expensive quote, in fact he went overboard in every-way to produce the most enduring quality build and high end tasteful finishes that he could possibly offer, wanting to create a product that would stand the test of time and satisfy both him and his immediate family. This is the Double Bay developer/builder's own penthouse apartment and it is most reluctantly being offered for sale, new business opportunities presenting themselves elsewhere and a work and family lifestyle that involves a lot of overseas travel, see the family wanting to stay but rarely being able to get here, barely ever occupied it is still like new and offers a lifestyle upsize for those wanting to scale down on maintenance, yet still enjoy fantastic indoor and outdoor space and entertaining, suitable for every lifestyle from retiree and weekender to busy jet-set professionals and families, Sterling Apartments embrace their beautiful surroundings, in terms of stunning beaches, ocean and headland views; shopping, coffee and casual or fine wining and dining experiences; and an on tap beach experience people would kill for, there's really nothing else like it just an hour and a half from Sydney only half an hour from Newcastle, unlike its Central Coast rivals, Caves Beach, which was voted by American Express Travel and Leisure Magazine as one of the top 30 most affordable worldwide beach getaways, remains an unspoilt haven of nature with clean deep waterways for sailing and swimming, where traffic is virtually non-existent and there's time to enjoy life as it was meant to be lived, this is an enviable and almost unrivalled apartment experience that's unlikely to ever be repeated ......

Property History for 404/1 Mawson Cl, Caves Beach, NSW 2281

A timeline of how this property has performed in the market
Last Sold
$1,800,000
12 Dec 2019
  • 12 Dec 2019
    Sold for $1,800,000
  • 21 Nov 2019
    Listed for Sale BER $1,800,000-$1,950,000
  • 25 Sep 2017
    Sold for $450,000
Commute Calculator

About Caves Beach 2281

The size of Caves Beach is approximately 2.6 square kilometres. It has 7 parks covering nearly 27.4% of total area. The population of Caves Beach in 2016 was 4054 people. By 2021 the population was 4016 showing a population decline of 0.9% in the area during that time. The predominant age group in Caves Beach is 60-69 years. Households in Caves Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Caves Beach work in a professional occupation.In 2021, 79.30% of the homes in Caves Beach were owner-occupied compared with 80.40% in 2016.

Caves Beach has 1,977 properties. Over the last 5 years, Houses in Caves Beach have seen a 63.82% increase in median value, while Units have seen a 23.02% increase. As at 31 October 2025:

  • The median value for Houses in Caves Beach is $1,250,014 while the median value for Units is $840,126.
  • Houses have a median rent of $750 while Units have a median rent of $625.
There are currently 23 properties listed for sale, and 4 properties listed for rent in Caves beach on OnTheHouse. According to Cotality's data, 69 properties were sold in the past 12 months in Caves beach.

Suburb Insights for Caves Beach 2281

Market Insights
Caves Beach Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Caves Beach Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality 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 Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.