197 Lake Albert Rd, Kooringal is a 4 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1649m2. While the property is not currently for sale or for rent, it was last sold in July 2019.
A great opportunity presents itself to market, Unit development site, or create a battleaxe block by restoring the existing house and building brand new behind it, STCA.
With an original house, in a state of repair, this job isn't for the faint hearted. You need some vision and nous, but in a central location, there is rewards for effort. The house features 4 bedrooms, bathroom with seperate toilet, seperate living & dining rooms and serviceable kitchen.
Set on a huge 1657sqm block, with 20m of street frontage and 82m depth. Zoned R3 - medium density residential with some tree's at the rear of the near flat block.
The size of Kooringal is approximately 4.8 square kilometres. It has 6 parks covering nearly 7.2% of total area. The population of Kooringal in 2011 was 7,308 people. By 2016 the population was 7,228 showing a population decline of 1.1% in the area during that time. The predominant age group in Kooringal is 20-29 years. Households in Kooringal are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kooringal work in a professional occupation. In 2011, 61.9% of the homes in Kooringal were owner-occupied compared with 59.7% in 2016.
Kooringal has 3,603 properties. Over the last 5 years, Houses in Kooringal have seen a 75.76% increase in median value, while Units have seen a 80.41% increase. As at 31 August 2024:
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