83 Lake AvenueCringila NSW 2502
Property Details for 83 Lake Ave, Cringila
83 Lake Ave, Cringila is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 445.8m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Cringila in the last 12 months.
Last Listing description (October 2024)
No 83 represents an outstanding and rare opportunity for first home buyers and investors to acquire a 2 lot Torrens Title duplex site which can be privately certified, thereby avoiding a lengthy and costly DA process.
The ultra generous Floor Space Ratio allows for the construction of two separate family homes with expansive district and ocean views. Alternatively, buyers may wish to take advantage of the current spacious and functional interior layout to create their perfect haven in this rapidly transitioning sought after location that is within walking distance to local shops, schools and public transport.
Genuine vendor who is looking to secure a sale within the next few weeks and so is open to discuss offers. Flexible settlement terms available.
Property History for 83 Lake Ave, Cringila, NSW 2502
- 21 Oct 2024Sold
- 09 Aug 2024Listed for Sale $550,000 - $600,000
- 07 Mar 2002Sold for $25,000
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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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