2/1632 Ocean Drive, Lake Cathie, NSW 2445 | Property Value & History | OnTheHouse
OFF MARKET

2/1632 Ocean Drive
Lake Cathie NSW 2445

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 1198m2
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Property Details for 2/1632 Ocean Dr, Lake Cathie

2/1632 Ocean Dr, Lake Cathie is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 1198m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
1980
Land Size
1198m2
Local Government
Port Macquarie-Hastings
Lot/Plan
2/SP18762

Last Listing description (August 2023)

Perfectly positioned directly opposite the lake and beach capturing the morning sun and afternoon breeze. This 2-bedroom apartment makes an ideal investment, or haven for weekends and holiday getaways and is perfect for first-home buyers. It is easy to imagine living a dream lifestyle here.

Situated in a well-maintained complex of three apartments, the functional layout includes a modern kitchen and bathroom inclusive of laundry, two bedrooms with built-in robes, and light-filled living area that steps out onto a North-East facing balcony. The apartment is complete with a single lock-up garage with automatic roller door and extra storage for added convenience.

Walking distance to the shops, bowling club, tavern, lake and beach. Close to transport, schools, childcare and medical facilities. Port Macquarie CBD and airport within 20 minutes drive.

HIGHLIGHTS:
- Water views, seaside living
- Lake Cathie Beach on your doorstep
- Walk to lake and beach, shops, taverns and bowling club
- Air Conditioning in lounge room
- Single lock-up garage with automatic door and extra storage
- Modern kitchen and bathroom; walk-in shower
- Light-filled bedrooms include built-in robes
- Fabulous investment or in-town abode to reside
- Furniture negotiable

OUTGOINGS:
Strata $700 per quarter
Electricity $180 per quarter (provided for indicative info only)
Water $50 per quarter
Council Rates $2000 per annum

RENTAL APPRAISAL:
$420-$450 per week

The ultimate lifestyle and opportunity awaits!

Property History for 2/1632 Ocean Dr, Lake Cathie, NSW 2445

A timeline of how this property has performed in the market
Last Sold
$599,000
05 May 2023
  • 05 May 2023
    Sold for $599,000
  • 28 Mar 2023
    Listed for Sale 599,000
  • 22 Sep 2006
    Listed for Sale Not Disclosed
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About Lake Cathie 2445

The size of Lake Cathie is approximately 18.4 square kilometres. There are 6 parks, covering nearly 50.6% of the total area. The population of Lake Cathie in 2016 was 3494 people. By 2021 the population was 4296 showing a population growth of 23.0% in the area during that time. The predominant age group in Lake Cathie is 70-79 years. Households in Lake Cathie are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lake Cathie work in a professional occupation.In 2021, 78.90% of the homes in Lake Cathie were owner-occupied compared with 78.20% in 2016.

Lake Cathie has 2,695 properties. Over the last 5 years, Houses in Lake Cathie have seen a 24.76% increase in median value, while Units have seen a 39.63% increase. As at 31 July 2026:

  • The median value for Houses in Lake Cathie is $1,028,818 while the median value for Units is $709,953.
  • Houses have a median rent of $700 while Units have a median rent of $550.
There are currently 25 properties listed for sale, and 2 properties listed for rent in Lake cathie on OnTheHouse. According to Cotality's data, 134 properties were sold in the past 12 months in Lake cathie.

Suburb Insights for Lake Cathie 2445

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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.