SOLD
Sold on 10 Oct 2023 for $1,630,000

16 Lake Parade
East Corrimal NSW 2518

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 140m2
Land area: 655m2
Sold By
Adam Mcmahon
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Ange Carrigan
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Property Details for 16 Lake Pde, East Corrimal

16 Lake Pde, East Corrimal is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 655m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 3 bedroom House sold in East Corrimal in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
140m2
Land Size
655m2
Local Government
Wollongong
Lot/Plan
174/DP9943

Last Listing description (October 2023)

Boasting a prime corner allotment in one of East Corrimal's most enviable locations, this property presents an unmissable opportunity for developers and buyers seeking a five-star site for their dream build.

Just a stroll from the beach, schools, and cafes, this is THE perfect address for anyone dreaming of easy coastal living.

Location

Just metres from Towradgi Creek and a short stroll to your choice of stunning beaches, this site offers the kind of coastal lifestyle most can only dream of.

Walk to the beautiful beaches of Corrimal and Towradgi in less than five minutes (approx.), stopping off at The Pantry for a coffee on the way to the sand. The sparkling Towradgi Rock Pool invites you for a scenic morning swim, while Towradgi Beach Park's superb waterfront playground awaits a short walk from home, sure to delight the kids.

Local shops and cafes await a seven-minute stroll away (approx.) for quick supply runs, while the vibrant heart of Corrimal's CBD awaits a five-minute drive from home (approx.) with bustling shopping centres and a choice of supermarkets offering easy access to every convenience.

Families can look forward to easy school mornings ahead with both Corrimal East Public School and Corrimal High School within walking distance, while city workers will enjoy an easy commute by road or rail. Drive to Wollongong in less than ten minutes (approx.) and to Sydney in 70 minutes (approx.) or walk to Corrimal Station for easy rail links.

Property

Offering 655 sqm (approx.) of pure potential, this property will ignite the imaginations of developers, investors, and buyers seeking to bring their dream home to life. The existing home is ready for a comprehensive renovation, or plan a knockdown/rebuild (STCA) to start from scratch and create a contemporary coastal haven. The corner block invites you to plan a lucrative dual occupancy development (STCA) or keep the space for yourself to create a sprawling family home with superb outdoor entertaining spaces and a lush garden (STCA).

Lifestyle

This is your chance to invest or live in one of East Corrimal's most coveted locations, just a short stroll from some of the region's most beautiful beaches.
Morning walks along the sand, easy coastal living, and big-city conveniences less than 10 minutes from home (approx.) this location ticks all the boxes!

Call today to arrange an inspection.

Property History for 16 Lake Pde, East Corrimal, NSW 2518

A timeline of how this property has performed in the market
Last Sold
$1,630,000
10 Oct 2023
  • 10 Oct 2023
    Sold for $1,630,000
  • 26 Sep 2023
    Listed for Sale Contact Agent

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About East Corrimal 2518

The size of East Corrimal is approximately 1.4 square kilometres. It has 10 parks covering nearly 7.7% of total area. The population of East Corrimal in 2011 was 3,159 people. By 2016 the population was 3,416 showing a population growth of 8.1% in the area during that time. The predominant age group in East Corrimal is 30-39 years. Households in East Corrimal are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Corrimal work in a professional occupation. In 2011, 58.7% of the homes in East Corrimal were owner-occupied compared with 57.6% in 2016.

East Corrimal has 1,764 properties. Over the last 5 years, Houses in East Corrimal have seen a 73.93% increase in median value, while Units have seen a 52.12% increase. As at 31 August 2024:

  • The median value for Houses in East Corrimal is $1,299,795 while the median value for Units is $733,864.
  • Houses have a median rent of $700 while Units have a median rent of $490.
There are currently 10 properties listed for sale, and 2 properties listed for rent in East corrimal on OnTheHouse. According to CoreLogic's data, 77 properties were sold in the past 12 months in East corrimal.

Suburb Insights for East Corrimal 2518

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Contact agent
Adam Mcmahon
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Ange Carrigan
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Dignam Real Estate
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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.