SOLD
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Sold on 08 May 2024 for $740,000

120 Lake Avenue
Cringila NSW 2502

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 938m2
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Property Details for 120 Lake Ave, Cringila

120 Lake Ave, Cringila is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 938m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Cringila in the last 12 months.

Building Type
House
Land Size
938m2
Local Government
Wollongong
Lot/Plan
358/DP15952

Last Listing description (May 2024)

Discover the perfect blend of space, convenience, and potential in this charming 3-bedroom home located in Cringila. Occupying a large 938m2 block with an adaptable floorplan, there is endless potential with the opportunity to renovate the existing dwelling or knock-down/re-build to add further value (STCA).

Perfectly suited as a first home or investment opportunity, this property boasts:

- Generous 938sqm parcel of land

- 3 bedrooms with timber flooring and equipped with built-in wardrobes
- An original, fully operational bathroom/shower and a kitchen/dining area featuring an electric stove/oven
- Split air conditioning in the lounge area
- Single-car remote-controlled garage complemented by a workbench and storage shelves
- External laundry facilities, a shed, and a second toilet located at the rear of the property
- Convenient side access to the yard, offering potential for development (STCA) or a spacious, fenced backyard for children to enjoy
- Close proximity to schools, public transport, and shopping amenities.

Located in an ideal picturesque and sought-after location. 10 minutes’ drive to Wollongong and Shellharbour City and only a short drive to Port Kembla beach. Local shops, schools, bus, bike path and boat ramp are all within arm’s reach, it has all the benefits from a geographical position.

The property is presented by Rise Property Group, for further information please contact Daniel Kostovski 0402 037 940 or Hunter Jacobs 0415 556 738.

Whilst every effort has been made to ensure the accuracy and thoroughness of the information provided to you in our marketing material, we cannot guarantee the accuracy of the information provided by our vendors, and as such, Rise Property Group makes no statement, representation or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps, and images are representative only, for marketing purposes.

Property History for 120 Lake Ave, Cringila, NSW 2502

A timeline of how this property has performed in the market
Last Sold
$740,000
08 May 2024
Listed for Rent
$500/w
11 Jul 2022
  • 09 May 2024
    Sold for $740,000
  • 24 Apr 2024
    Listed for Sale Price Guide $730,000
  • 23 Sep 2021
    Listed for Rent $450 / week
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About Cringila 2502

The size of Cringila is approximately 1.8 square kilometres. It has 5 parks covering nearly 6.2% of total area. The population of Cringila in 2011 was 2,114 people. By 2016 the population was 2,199 showing a population growth of 4.0% in the area during that time. The predominant age group in Cringila is 0-9 years. Households in Cringila are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Cringila work in a labourer occupation. In 2011, 74.5% of the homes in Cringila were owner-occupied compared with 68.5% in 2016.

Cringila has 873 properties. Over the last 5 years, Houses in Cringila have seen a 67.32% increase in median value, while Units have seen a 44.55% increase. As at 31 October 2024:

  • The median value for Houses in Cringila is $709,704 while the median value for Units is $602,095.
  • Houses have a median rent of $500 while Units have a median rent of $350.
There are currently 1 property listed for sale, and 4 properties listed for rent in Cringila on OnTheHouse. According to CoreLogic's data, 18 properties were sold in the past 12 months in Cringila.

Suburb Insights for Cringila 2502

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Contact agent
Daniel Kostovski
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Hunter Jacobs
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Rise Property Group
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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.