433C Freemans DriveCooranbong NSW 2265
Property Details for 433c Freemans Dr, Cooranbong
433c Freemans Dr, Cooranbong is a 2 bedroom, 1 bathroom House with 1 parking spaces.
Last Listing description (August 2024)
HIGH YIELDING PROPERTY WITH DA APPROVAL FOR DUAL-OCCUPANCY IN COORANBONG
DA Approved for a dual-occupancy and demolition (DA/1088/2022 relates), this level block in thriving Cooranbong provides a genuine opportunity to take advantage of the unparalleled growth in the South-West Lake Macquarie Corridor.
Having been identified as a ?Strategic Economic Centre?, Cooranbong and Morisset is on the move and opportunity presents.
Boasting an enviable position, central to Morisset and the M1 Motorway and only a short drive to the Cedar Mill Entertaining Grounds (including 30,000 capacity amphitheatre), this home provides plenty of options for the buyer with an eye for potential.
? DA approved for dual-occupancy housing and demolition
? Designs for a three-bedroom, two bathroom dual-occupancy
? Existing four-bedroom, one-bathroom home attracting $600/week rent
Brought to you by Ben Wrigley from Ellejayne Realty. For more information, including DA approval, concept plans, re-sale value or a copy of the Lake Macquarie Council Strategic Plan etc, please enquire by email or call Ben on 0409 652 160.
Rental Appraisal: $600/week with the Ellejayne Investor Support and Property Management team
DISCLAIMER
Ellejayne Realty have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Property History for 433c Freemans Dr, Cooranbong, NSW 2265
- 07 May 2024Listed for Sale Not Disclosed
Recent sales nearby
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About Cooranbong 2265
The size of Cooranbong is approximately 70.4 square kilometres. There are 12 parks, covering nearly 14.0% of the total area. The population of Cooranbong in 2016 was 5449 people. By 2021 the population was 7077 showing a population growth of 29.9% in the area during that time. The predominant age group in Cooranbong is 0-9 years. Households in Cooranbong are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cooranbong work in a professional occupation.In 2021, 69.80% of the homes in Cooranbong were owner-occupied compared with 70.00% in 2016.
Cooranbong has 4,130 properties. Over the last 5 years, Houses in Cooranbong have seen a 32.11% increase in median value, while Units have seen a 70.63% increase. As at 30 June 2026:
- The median value for Houses in Cooranbong is $960,535 while the median value for Units is $617,864.
- Houses have a median rent of $780 while Units have a median rent of $530.
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