SOLD
Sold on 11 Dec 2023 for $710,000

2/5 Melinda Grove
Lake Heights NSW 2502

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 110m2
Land area: 570m2
Sold By
A-List Property Group
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Property Details for 2/5 Melinda Gr, Lake Heights

2/5 Melinda Gr, Lake Heights is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 570m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom Unit sold in Lake Heights in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
110m2
Land Size
570m2
Local Government
Wollongong
Lot/Plan
2/SP40649

Last Listing description (January 2024)

Stylish, Convenient & Tranquil

Proudly presenting this stylish duplex property offering a spacious interior with a functional floor plan, situated in the sought-after suburb of Lake Heights in a quiet cul-de-sac, perfect for the first home buyer, young family or savvy investor.

The property has been freshly renovated and updated throughout, featuring three generous sized bedrooms all with mirrored built in wardrobes, open plan living and dining area, stylish kitchen with breakfast bench and 40mm stone bench tops, stainless steel appliances with induction cooking, neat bathroom, internal laundry with plenty of storage options, ducted air conditioning throughout, covered alfresco entertainment area with a low maintenance backyard, large double garage with storage and additional off-street parking.

Located within minutes from local shops, schools, Warrawong Plaza, Lake Illawarra foreshore, Port Kembla Beach and approximately a 10-minute drive to Wollongong CBD, University and hospitals.

Features:

- Freshly renovated Torrens Titled Duplex
- Three generous sized bedrooms all with mirrored built in wardrobes
- Modern kitchen with breakfast bar & 40mm stone tops with induction cooking
- Spacious open plan living and dining
- Neat bathroom with shower
- Covered alfresco area
- Internal laundry with options to add walk in pantry
- Ducted 12.5kw Daikin air conditioning
- Double garage with storage and two additional off-street parking
- Torrens titled duplex (No Strata)

Rental Appraisal $600 per week (approx)

Outgoings:
Council Rates $400 per quarter (approx)
Water Rates $156 per quarter (approx)

*** Sold by Anthony Sorace - 0413 690 459 - A-List Property Group***

Disclaimer:
Whilst A-List Property Group has made every effort to ensure the information supplied to you in our marketing material is correct, we cannot guarantee the accuracy of the information provided by our Vendors, and as such, A-List Property Group makes no statement, representation, or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps and images are representative only, for marketing purposes.

Property History for 2/5 Melinda Gr, Lake Heights, NSW 2502

A timeline of how this property has performed in the market
Last Sold
$710,000
11 Dec 2023
Listed for Rent
$320/w
23 Oct 2014
  • 11 Dec 2023
    Sold for $710,000
  • 28 Nov 2023
    Listed for Sale Not Disclosed
  • 15 Jun 2018
    Sold for $463,000
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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.
There are currently 11 properties listed for sale, and 3 properties listed for rent in Lake heights on OnTheHouse. According to CoreLogic's data, 61 properties were sold in the past 12 months in Lake heights.

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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.