5 Karakunba Road, Wyee, NSW 2259 sold on 06 March 2025 | OnTheHouse
SOLD
Sold on 06 Mar 2025 for $320,000

5 Karakunba Road
Wyee NSW 2259

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 917m2
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Property Details for 5 Karakunba Rd, Wyee

Building Type
Land
Land Size
917m2
Local Government
Lake Macquarie
Lot/Plan
399/DP7506

Last Listing description (April 2022)

This is a great opportunity to secure a rare vacant block in the nature filled Wyee area.

With few available in this part of town, this 920m2 (approx.) block is a simple 100m (approx.) walk to rail services & approximately 300m to shops and school.

*R2 Low Density Residential Zoning

Council note: "This land sits within the Wyee paper division. It is not connected to essential services and cannot currently be developed. Timelines for construction of essential services are unknown, Please contact Lake Macquarie Council for more information. Project updates are available at shape.lakemac.com.au/wyee-paper."

Disclaimer: Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the owner or agent. Information is gathered from sources we believe to be reliable; we cannot guarantee its accuracy and interested persons should rely on their own inquiries.

Property History for 5 Karakunba Rd, Wyee, NSW 2259

A timeline of how this property has performed in the market
Last Sold
$320,000
06 Mar 2025
  • 06 Mar 2025
    Sold for $320,000
  • 31 Mar 2022
    Sold for $192,500
  • 12 Feb 2022
    Listed for Sale Not Disclosed
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About Wyee 2259

The size of Wyee is approximately 50.1 square kilometres. It has 15 parks covering nearly 9.5% of total area. The population of Wyee in 2016 was 2406 people. By 2021 the population was 2909 showing a population growth of 20.9% in the area during that time. The predominant age group in Wyee is 50-59 years. Households in Wyee are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wyee work in a trades occupation.In 2021, 75.10% of the homes in Wyee were owner-occupied compared with 75.10% in 2016.

Wyee has 1,724 properties. Over the last 5 years, Houses in Wyee have seen a 81.73% increase in median value, while Units have seen a 18.29% increase. As at 30 November 2025:

  • The median value for Houses in Wyee is $1,043,359 while the median value for Units is $533,513.
  • Houses have a median rent of $680.
There are currently 11 properties listed for sale, and 1 property listed for rent in Wyee on OnTheHouse. According to Cotality's data, 87 properties were sold in the past 12 months in Wyee.

Suburb Insights for Wyee 2259

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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.