1 Ranchby AvenueLake Heights NSW 2502
Property Details for 1 Ranchby Ave, Lake Heights
1 Ranchby Ave, Lake Heights is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1990. The property has a land size of 965m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in January 2022.
Last Listing description (April 2022)
For those seeking a budget-friendly option in a booming marketplace, this neat brick veneer home presents the perfect fusion of functional design and future potential. A superb apartment alternative, it provides a cosy, light-filled layout featuring polished timber floors, well-maintained utility rooms and a large main bed. Outside, there's plenty of space to spread out and consider eventual extension or rebuild (STCA). The serene yet central setting is undoubtedly this property's standout feature, giving wonderfully easy access to Warrawong Plaza, local schools, foreshore parks and city buses.
- Ultra-private residential address backing peacefully on reserve parkland
- Versatile ways to capitalise including dual-occupancy redevelopment (STCA)
- Open-style kitchen connects to the expansive all-seasons deck and verandah
- Bathroom with tub plus shower; main bed with wall-to-wall mirrored robe
- Fantastic backyard with wraparound lawn, multiple sheds, drive-through garage
- Enviable family lifestyle opportunity minutes from all suburb conveniences
- Lake path, corner shops, cafes and beautiful beaches found close to hand
Property History for 1 Ranchby Ave, Lake Heights, NSW 2502
- 03 Mar 2022Listed for Rent $450 / week
- 31 Jan 2022Sold for $890,000
- 10 Jan 2022Listed for Sale Buyers Guide $700,000
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About Lake Heights 2502
The size of Lake Heights is approximately 1.6 square kilometres. It has 11 parks covering nearly 11.8% of total area. The population of Lake Heights in 2011 was 3,260 people. By 2016 the population was 3,853 showing a population growth of 18.2% in the area during that time. The predominant age group in Lake Heights is 0-9 years. Households in Lake Heights are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lake Heights work in a trades occupation. In 2011, 74% of the homes in Lake Heights were owner-occupied compared with 69.8% in 2016.
Lake Heights has 1,853 properties. Over the last 5 years, Houses in Lake Heights have seen a 66.05% increase in median value, while Units have seen a 48.72% increase. As at 31 October 2024:
- The median value for Houses in Lake Heights is $822,810 while the median value for Units is $689,816.
- Houses have a median rent of $625 while Units have a median rent of $450.
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