FOR SALE
$460,000 - $500,000

314 Flagstaff Road
Lake Heights NSW 2502

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 557.8m2
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Spectacular Views!

Oliver Koltovski of LNK Realty proudly presents to the market an opportunity to secure a parcel of land in the desirable suburb of Lake Heights. Boasting stunning water views of Lake Illawarra and just a short distance to Lake Illawarra Foreshore, this vacant 558m2 parcel of land offers a fantastic opportunity for homeowners and investors alike.
Positioned on the high side of the street and adjacent to a reserve, this block boasts a 15m frontage and welcomes those looking to design and build their dream home or development of a duplex (S.T.C.A)
Close to popular Illawarra beaches, local schools, Westfield Shopping Centre, and Wollongong CBD, blocks of land in this area are very much desired and hard to come by.
Features:
- Lot 94 Plan DP 262791
- 558sqm Elevated Block of Land
- Dimensions 15.69m x 36.6m
- Zoned R2
- Stunning water views of Lake Illawarra
- Close to popular Illawarra beaches and Lake Illawarra Foreshore
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Property Details for 314 Flagstaff Rd, Lake Heights

Building Type
Land
Land Size
557.8m2

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About Lake Heights 2502

The size of Lake Heights is approximately 1.6 square kilometres. It has 11 parks covering nearly 11.8% of total area. The population of Lake Heights in 2011 was 3,260 people. By 2016 the population was 3,853 showing a population growth of 18.2% in the area during that time. The predominant age group in Lake Heights is 0-9 years. Households in Lake Heights are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lake Heights work in a trades occupation. In 2011, 74% of the homes in Lake Heights were owner-occupied compared with 69.8% in 2016.

Lake Heights has 1,849 properties. Over the last 5 years, Houses in Lake Heights have seen a 66.18% increase in median value, while Units have seen a 51.99% increase. As at 31 August 2024:

  • The median value for Houses in Lake Heights is $817,672 while the median value for Units is $698,537.
  • Houses have a median rent of $600 while Units have a median rent of $448.
There are currently 12 properties listed for sale, and 4 properties listed for rent in Lake heights on OnTheHouse. According to CoreLogic's data, 73 properties were sold in the past 12 months in Lake heights.

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Oliver Koltovski
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