OFF MARKET

1 Lake View Drive
Burrill Lake NSW 2539

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 158m2
Land area: 847m2
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Property Details for 1 Lake View Dr, Burrill Lake

1 Lake View Dr, Burrill Lake is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 847m2 and floor size of 158m2. While the property is not currently for sale or for rent, it was last sold in February 2020.

Building Type
House
Floor Size
158m2
Land Size
847m2
Local Government
Shoalhaven
Lot/Plan
81/DP21307

Last Listing description (August 2024)

This little gem has been enjoyed by the one family for generations upon generations and is now being offered to the market for the very first time.

The all original holiday shack is virtually a knock-down, but sits on a prized piece of lakeside real estate, you will not find another one like it. Absolute waterfront and one of the largest blocks in the area at a huge 847sqm. Sharing its boundaries with the gentle lapping waters of the lake, the green space of the next door park reserve and with just one neighbouring home, this is a truly unique and rare piece of property.

This blue ribbon location offers the Burrill Lake lifestyle at its best. Enjoy the magic of the lake and throw in a fishing line or perhaps your canoe or paddleboard and roam the crystal waters that start right in your very own backyard. Explore the coastline beaches at Dolphin Point and Burrill Beach just moments away. The easy flat streets of Burrill are perfect for strolling or cycling to the local cafes, the fortnightly Farmers Market or the popular Lagom Bakery, not to mention Burrill Lake's famous Fish & Chip shop.

The original shack has a current tenant in place and is more than happy to stay on - leave the tenant there while you design your very own coastal dream home or land bank for the future, the property would also be suitable for a duplex development (Subject to Council Approval) and would suit multi-generational living needs or for the keen investor. Position and potential is what it's all about. Enquire today before this rare offering is snapped up.

* Rare absolute waterfront being offered first time to the market
* Unique & huge 847sqm block
* Prime development opportunity - build your dream home or suitable for duplex (STCA)
* Private location next door to park reserve
* Peaceful and beautiful lake views
* All original 3 bedroom shack currently with tenant in place - would love to stay on
* Lifestyle location - surrounded by pristine waters and national parks, walking & cycling paths, 2 golf courses in nearby Mollymook - be as busy or relaxed as you like.

Property History for 1 Lake View Dr, Burrill Lake, NSW 2539

A timeline of how this property has performed in the market
Last Sold
$529,167
27 Feb 2020
  • 29 Apr 2024
    Listed for Sale Price On Application
  • 05 Mar 2022
    Listed for Sale Price On Application
  • 27 Feb 2020
    Sold for $529,167
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About Burrill Lake 2539

The size of Burrill Lake is approximately 4.4 square kilometres. It has 2 parks covering nearly 22.2% of total area. The population of Burrill Lake in 2011 was 1,328 people. By 2016 the population was 1,447 showing a population growth of 9.0% in the area during that time. The predominant age group in Burrill Lake is 60-69 years. Households in Burrill Lake are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Burrill Lake work in a professional occupation. In 2011, 71.8% of the homes in Burrill Lake were owner-occupied compared with 74.7% in 2016.

Burrill Lake has 1,301 properties. Over the last 5 years, Houses in Burrill Lake have seen a 61.60% increase in median value, while Units have seen a 58.16% increase. As at 31 August 2024:

  • The median value for Houses in Burrill Lake is $815,438 while the median value for Units is $676,088.
  • Houses have a median rent of $520.
There are currently 46 properties listed for sale, and 4 properties listed for rent in Burrill lake on OnTheHouse. According to CoreLogic's data, 47 properties were sold in the past 12 months in Burrill lake.

Suburb Insights for Burrill Lake 2539

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.