OFF MARKET

132 Lake Avenue
Cringila NSW 2502

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 108m2
Land area: 882m2
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Last updated 16 Sep 2024
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Property Details for 132 Lake Ave, Cringila

132 Lake Ave, Cringila is a 0 bedroom, 0 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 882m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
House
Year Built
1940
Floor Size
108m2
Land Size
882m2
Local Government
Wollongong
Lot/Plan
1/DP121315

Last Listing description (April 2023)

You'll be seeing double when you come and inspect these two units on title.

Just off Lake Avenue facing Auburn Parade, this solidly built home is in need of some work, but the rewards are there for those who put in the effort.

Upstairs, unit 1 features a sunny aspect, three large bedrooms and a combination of characterful original features such as high ceilings balanced with modern updates. The bathroom has a separate shower and bath, with a powder room off the rear sunroom. The loungeroom enjoys a sunny easterly aspect across to the reserve and storage is covered with a solid single garage downstairs.

Presently let by great tenants on an expired lease, the exterior of unit 1 needs a repaint and some maintenance swiftly to bring it back to its best.

Downstairs, the double brick three-bedroom unit is neat, clean and businesslike. Sound, solid and secure, but definitely ready for your stylistic touch. Topped off by a single remote garage with internal access and external laundry, this unit is vacant and move in ready.

Positioned on a leafy 898sqm block set back well from the street, 132 Lake Avenue is a place of possibilities. Live in one, rent out the other, renovate one after the other, invest with family to gain a foothold on the property ladder, investigate the future potential of the whole 898sqm, the options are many.

Big block, bright future

Two three bedrooms units with single lockup garage each
Renovate one, while one still generates income
898sqm block with plenty of space

***Available 7 Days by Appointment***

- For more detailed information please call the Sales Team at Right Choice Real Estate

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Property History for 132 Lake Ave, Cringila, NSW 2502

A timeline of how this property has performed in the market
Last Sold
$679,995
29 Mar 2023
Listed for Rent
$330/w
03 Sep 2020
  • 29 Mar 2023
    Sold for $679,995
  • 22 Mar 2023
    Listed for Sale Under Offer
  • 01 Dec 2022
    Sold
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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 73.26% increase in median value, while Units have seen a 55.86% increase. As at 31 August 2024:

  • The median value for Houses in Cringila is $726,740 while the median value for Units is $606,010.
  • Houses have a median rent of $525 while Units have a median rent of $350.
There are currently 4 properties listed for sale, and 1 property listed for rent in Cringila on OnTheHouse. According to CoreLogic's data, 23 properties were sold in the past 12 months in Cringila.

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