OFF MARKET

1 Ranchby Avenue
Lake Heights NSW 2502

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 77m2
Land area: 965m2
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Last updated 28 Oct 2024
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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.

Building Type
House
Year Built
1990
Floor Size
77m2
Land Size
965m2
Local Government
Wollongong
Lot/Plan
28A/DP28802

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)

- Existing single-storey home boasts a north/facing lounge and dining area
- 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

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Property History for 1 Ranchby Ave, Lake Heights, NSW 2502

A timeline of how this property has performed in the market
Last Sold
$890,000
31 Jan 2022
Listed for Rent
$450/w
10 Mar 2022
  • 03 Mar 2022
    Listed for Rent $450 / week
  • 31 Jan 2022
    Sold for $890,000
  • 10 Jan 2022
    Listed 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 1,847 properties. Over the last 5 years, Houses in Lake Heights have seen a 67.69% increase in median value, while Units have seen a 50.43% increase. As at 30 September 2024:

  • The median value for Houses in Lake Heights is $834,870 while the median value for Units is $690,802.
  • Houses have a median rent of $620 while Units have a median rent of $450.
There are currently 8 properties listed for sale, and 1 property listed for rent in Lake heights on OnTheHouse. According to CoreLogic's data, 60 properties were sold in the past 12 months in Lake heights.

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