FOR SALE
New to Market

19 David Avenue
Oak Flats NSW 2529

Bedrooms: 6
Bathrooms: 3
Car spaces: 3
Land area: 726m2
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New to Market

Nestled in a prime, sought-after location, this property is a rare find for savvy investors. Set in a tidy, original-condition complex, it blends timeless charm with untapped opportunity, offering a market rent potential exceeding $63,000 per annum.
This versatile investment comprises three 2-bedroom units, each thoughtfully designed for easy, practical living. Tenants will appreciate the convenience of walking to nearby schools, shops, and the local bowling club-a lifestyle feature that enhances both appeal and occupancy rates.
The generous yard space provides scope for future enhancements, while off-street parking ensures functionality and convenience for tenants.
Whether you're looking to expand your portfolio or secure a property with proven rental success and room to grow, this is a golden opportunity. Discover the potential for yourself-this investment is ready to reward.

Property Details for 19 David Ave, Oak Flats

19 David Ave, Oak Flats is a 6 bedroom, 3 bathroom BlockOfUnits with 3 parking spaces. The property has a land size of 726m2. The place is currently for sale with MMJ South.

Building Type
BlockOfUnits
Land Size
726m2

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About Oak Flats 2529

The size of Oak Flats is approximately 3.7 square kilometres. It has 17 parks covering nearly 11.9% of total area. The population of Oak Flats in 2011 was 6,310 people. By 2016 the population was 6,377 showing a population growth of 1.1% in the area during that time. The predominant age group in Oak Flats is 50-59 years. Households in Oak Flats are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Oak Flats work in a trades occupation. In 2011, 76.4% of the homes in Oak Flats were owner-occupied compared with 75.8% in 2016.

Oak Flats has 3,520 properties. Over the last 5 years, Houses in Oak Flats have seen a 56.76% increase in median value, while Units have seen a 42.50% increase. As at 30 November 2024:

  • The median value for Houses in Oak Flats is $923,967 while the median value for Units is $698,252.
  • Houses have a median rent of $630 while Units have a median rent of $630.
There are currently 13 properties listed for sale, and 10 properties listed for rent in Oak flats on OnTheHouse. According to CoreLogic's data, 177 properties were sold in the past 12 months in Oak flats.

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Adam Martin & Team
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Adrian Necovski
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MMJ South
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