144 Lake AvenueCringila NSW 2502
Property Details for 144 Lake Ave, Cringila
144 Lake Ave, Cringila is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1965. The property has a land size of 1241m2 and floor size of 181m2. While the property is not currently for sale or for rent, it was last sold in April 2017.
Last Listing description (May 2017)
An excellent development opportunity boasting an impressive 1239sqm. Zoned R2 with ample access to the back of the site the property lends itself to range of possibilities. Currently vaunting a dual income this double brick solid property is awaiting to be maximized.
With an annual income stream upwards of $24,000 divided by $320 per week on the three bedroom upper level and $150 per week in the single flat downstairs. Fitted with separate laundries and the above residence brags the rights to a workshop and its very own wine cellar under the house. With a little investment, this property could definitely act as a money making machine. A prime location which will always attract tenancies.
Call Mark Marinelli 0434 745 501
Property History for 144 Lake Ave, Cringila, NSW 2502
- 13 Apr 2017Sold for $515,000
- 13 Mar 2017Listed for Sale Not Disclosed
- 26 Mar 2015Sold for $270,000
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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 874 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.
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