2 Ithome StreetWyong NSW 2259
Property Details for 2 Ithome St, Wyong
2 Ithome St, Wyong is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 525m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in September 2024.
Last Listing description (November 2024)
Positioned in a top location on the East side of Wyong, opposite Baker Park Sporting Complex, within walking distance to the heart of town this property is a highly desirable piece of Wyong Real Estate. Welcome to 2 Ithome Street, Wyong.
Boasting a current income of $710 per week with room to improve, the property hosts a 3 bedroom home plus a council approved 2 bedroom granny flat. Both homes enjoy street frontage, separate fenced yards, off street parking and a carport. There is scope to increase the rent return to a current market value in the vicinity of $800 per week.
Set on a 524.8m2 block with an R3 Medium Density Residential zoning the property also has DA approval to demolish the existing dwellings and build 3 Residential Terrace Style Townhouses. (plans available on request)
This is an ideal opportunity for the home buyer looking for an extra income to help pay the mortgage, for the investor looking to maximise their return or the developer looking for the next project.
Dual income properties with DA approval for a small development are extremely popular and rare. The location, functionality and potential of this block make it a premium package not to be missed.
Council Approved 3 Bedroom House and 2 bedroom Granny Flat.
Current return of $710 per week.
Zoning R3 Medium density residential.
DA Approval for development of 3 Residential Townhouses
Walk to local schools, shops, rail and CBD.
DISCLAIMER: This advertisement contains information provided by third parties. While all care is taken to ensure otherwise, First National Real Estate Coastwide, does not make any representation as to the accuracy of any of the information contained in the advertisement, does not accept any responsibility or liability and recommends that any client make their own investigations and enquiries. All images are indicative of the property only.
Property History for 2 Ithome St, Wyong, NSW 2259
- 05 Sep 2024Sold for $870,000
- 06 Jul 2024Listed for Sale $870,000
- 10 May 2023Listed for Rent $370 / week
Recent sales nearby
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About Wyong 2259
The size of Wyong is approximately 11.3 square kilometres. There are 20 parks, covering nearly 22.4% of the total area. The population of Wyong in 2016 was 4326 people. By 2021 the population was 4530 showing a population growth of 4.7% in the area during that time. The predominant age group in Wyong is 50-59 years. Households in Wyong are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Wyong work in a professional occupation.In 2021, 56.70% of the homes in Wyong were owner-occupied compared with 54.30% in 2016.
Wyong has 3,007 properties. Over the last 5 years, Houses in Wyong have seen a 40.09% increase in median value, while Units have seen a 40.97% increase. As at 30 April 2026:
- The median value for Houses in Wyong is $917,768 while the median value for Units is $583,349.
- Houses have a median rent of $610 while Units have a median rent of $530.
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