5B Lockwood StreetCringila NSW 2502
Property Details for 5b Lockwood St, Cringila
5b Lockwood St, Cringila is a 3 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 752m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in April 2023.
Last Listing description (May 2023)
Front block of a 2-lot subdivision, this 752sqm lot is an ideal opportunity to develop your brand new family home just off the coast (STCA).
With the chance to buy the back lot as well to maximise development potential with a total potential size of 1265m2, this really is the perfect opening to nest or invest close to amazing parkland, local schools and shops, coastal beaches and sparkling Lake Illawarra.
All services to the back lot are in place including driveway, nestled quietly in a peaceful cul-de-sac backing straight onto the tranquil bushland and world-class mountain bike trail of the newly upgraded Cringila Community Park.
Family prospects are excellent with just minutes to the major shopping centres and quality schooling of Warrawong and Wollongong CBD, while weekends can be spent on the shores of Lake Illawarra or at sunny Port Kembla Beach.
Don't miss this rare opportunity!
Property History for 5b Lockwood St, Cringila, NSW 2502
- 04 Apr 2023Sold for $285,000
- 03 Apr 2023Listed for Sale Auction
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0About 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 82.10% increase in median value, while Units have seen a 63.80% increase. As at 31 July 2024:
- The median value for Houses in Cringila is $744,833 while the median value for Units is $640,423.
- Houses have a median rent of $510 while Units have a median rent of $350.
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