52 Lake Rd, Wallsend is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 660m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
This three-bedroom property not only comes with brilliant long-term tenants who would love to stay, but the 645sqm block also has DA approval taking advantage of the dual access from Dorrigo Street to build a second separate street facing dwelling. Double your investment with the construction of the new three-bedroom, two-bathroom Torrens Title home and sell or rent out both; or live in the existing house while building the other. Better still, there is no time limit on the DA approval. Build the new dwelling now or anytime in the future. Or, should you choose to move in, one of the dwellings also gives you separate space for grown children saving for their own home, ageing parents, or extended family members. With easy access to Newcastle link road, the Hunter Expressway, John Hunter Hospital, University of Newcastle, and a choice of shopping centres in Wallsend, Elermore Vale and Glendale, convenience comes as part of the package.
- Weatherboard & tile 3-bedroom, 1-bathroom home on 645sqm dual access block
- Beautifully kept by long term tenants, currently returning $365 per week
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The size of Wallsend is approximately 13.5 square kilometres. It has 41 parks covering nearly 6.7% of total area. The population of Wallsend in 2016 was 12470 people. By 2021 the population was 13244 showing a population growth of 6.2% in the area during that time. The predominant age group in Wallsend is 20-29 years. Households in Wallsend are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wallsend work in a professional occupation.In 2021, 59.30% of the homes in Wallsend were owner-occupied compared with 61.20% in 2016.
Wallsend has 6,722 properties. Over the last 5 years, Houses in Wallsend have seen a 70.78% increase in median value, while Units have seen a 60.66% increase. As at 30 November 2025:
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