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Overview
Located in the growing and convenient suburb of Booragul, this well-situated house offers a rare blend of affordability and significant potential for improvement or investment. The property rests on a generous 666 square meter block with an expansive 16-metre frontage, providing ample scope for renovation, extension, or redevelopment subject to council approvals.
The existing home is composed of two spacious bedrooms and a well-appointed bathroom, complemented by a single lock-up garage. This modest dwelling is highly suitable for first-home buyers, investors seeking steady rental returns, or those looking for a renovation project to increase value over time. The estimated rental income falls between $450 to $500 per week, highlighting its income-generating appeal.
Facilities nearby include several key educational institutions within comfortable walking distance, such as Booragul Public School, St Paul's Catholic College, and Lake Macquarie High School. Additionally, connectivity is well-serviced with the Booragul Train Station just 2.5 kilometres away, ensuring easy access to broader transport networks.
Situated close to local shops, public transport, and the scenic shores of Lake Macquarie, the property offers a lifestyle of convenience and relaxation. Whether purchasing to occupy or to invest, this house provides an attractive opportunity for buyers looking to enter the market with a property that combines immediate utility and future potential.
- Generous 666sqm block with approximately 16m frontage
- Two comfortable bedrooms and one bath
- Single lock-up garage for secure parking
- Strong investment potential with estimated rental yield
- Close proximity to multiple schools and transport links
Local Market Insights
In Booragul, Quiet Listings observed 13 new houses entering the market over the last 30 days, up from 11 during the previous 30-day period, with an average advertised asking price of $967,077. The property type mix of listed properties is predominantly Houses at 75%, followed by land (10%), and villas (5%). Shiels+Co Property was the most active agency in this area, representing 27.8% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Open for Inspections
Upcoming inspection times scheduled in the next 14 days.
This property has had 3 previous open for inspections. Schedules can change at late notice, please confirm times with the selling agent before attending an open home.
Location
Booragul NSW 2284
Market Insights for Booragul NSW 2284
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