Lot 40 - Park Rise - Dora Creek

Description

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Dora Creek is a suburb located in the Lake Macquarie region of New South Wales, Australia. It is approximately 90 kilometers north of Sydney and about 50 kilometers southwest of Newcastle, making it part of the Greater Newcastle area.Dora Creek is situated along the banks of Dora Creek, a waterway that flows into Lake Macquarie, one of the largest coastal saltwater lakes in the Southern Hemisphere. The suburb is characterized by its natural beauty, with lush greenery, water views, and a tranquil atmosphere.

The suburb is accessible via the M1 Pacific Motorway, making it relatively easy to travel to larger nearby cities like Newcastle and Sydney. Dora Creek also has a railway station on the Central Coast & Newcastle Line, which provides convenient public transport options for residents commuting to these cities.

While Dora Creek is a small suburb, it offers essential amenities, including a local primary school, a few shops, and a medical center. For more extensive shopping, dining, and entertainment options, residents typically travel to nearby suburbs like Morisset or to larger centers in Newcastle.

The area is popular for outdoor activities such as boating, fishing, and kayaking, thanks to its proximity to both Dora Creek and Lake Macquarie. There are also several parks and nature reserves in and around the suburb, making it ideal for nature lovers.

• Property Type: Prestige House & Land
• Property Stage: N/A
• Price: $ 887,300.00
• Land Price: N/A
• Build Price: N/A
• Beds: 4
• Bath: 2
• Garage: 2
• Storey: 1
• Study: N/A
• Power Rooms: N/A
• MPR: N/A
• Powder Room: N/A
• Balcony: 1
• Floor Plan: Toongabbie
• Completion: N/A
• Land Size: 400.5
• Area Size: 180.20
• Year Built: N/A
• Est. Rates: N/A
• Est. Rent PW: 750.00
• Est. Body Corp.: N/A
• Title Status: N/A
• Gross Per Week: $ 750.00
• Gross Per Annum: $ 29,640.00
• Gross Yield: 4.40%
• Capital Growth 12 Months: -3.30%
• Capital Growth 10 Year Annualised: 7.85%
• Vacancy Rate: 1.22%