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Sold on 30 May 2024 - Price Unavailable

3 Barina Avenue
Lake Heights NSW 2502

Bedrooms: 6
Bathrooms: 3
Car spaces: 2
Land area: 556m2
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Property Details for 3 Barina Ave, Lake Heights

3 Barina Ave, Lake Heights is a 6 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 556m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 6 bedroom House sold in Lake Heights in the last 12 months.

Building Type
House
Land Size
556m2
Local Government
Wollongong
Lot/Plan
32/DP30519

Last Listing description (May 2024)

Elders Real Estate Wollongong are proud to offer you this Ideal investor opportunity.

This rare property is positioned in a popular quiet lake side suburb offering lake and ocean views

Property is set on a generous 556m2 land and zoned R2.

Property features 3 flats, consisting of:
- 1 x 3 - bedroom house
- 1 x 2 - bedroom unit
- 1 x 1 - bedroom unit

House features:
- Single level modern home.
- 3 bedrooms, with BIW's
- Spacious kitchen and dining, separate living/lounge.
- Polished floors throughout
- Bonus sunroom/study
- Well-appointed bathroom, separate W/C, internal Laundry
- Security shutters
- Large double L/U remote garage
- Mechanical work pit for avid mechanically minded person
- Under garage secure storage, workshop/cellar

Lower level features:
- Additional Flats of 1 x 2 - bedroom unit & 1 x 1 - bedroom unit
- Spacious solid brick units
- Sleek modern kitchens
- Well-appointed bathrooms
- Both with laundries
- Fully tiled areas
- Dedicated parking
- Storerooms

VACANT POSSESSION AVAILABLE

Potential rent $65,000 plus per year

Property will not disappoint!

Rare opportunity to secure a well sought-after city fringe large family home + 2 more flats or add to your property portfolio as a simple investment.

Complete with a walk-in attitude, low maintenance, child, and pet friendly fenced yard.

A perfect, relaxed, and carefree neighbourhood with everything you need at your doorstep.

Easy stroll to Lake Illawarra Foreshore,

Conveniently positioned within an established lake side suburb, within short drive to Warrawong business and bulky good retail shopping precinct, super close to Port Harbour operations, famous Port Kembla beach, schools, shops, parks, and cafes,

Only 15-minute drive to Wollongong CBD, Wollongong University, Innovation Campus, Both Public and Private Hospitals

Easy access to M1 Motorway, Sydney CBD, and airport just over an hour away

This property definitely is a must see!

An ideal strategic investment opportunity - Better than money in the bank.

Call today and schedule your private inspection.

Property History for 3 Barina Ave, Lake Heights, NSW 2502

A timeline of how this property has performed in the market
Last Sold
30 May 2024
  • 30 May 2024
    Sold for $990,000
  • 11 Apr 2024
    Listed for Sale Expressions Of Interest
  • 21 Oct 2023
    Sold
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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.

Suburb Insights for Lake Heights 2502

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Contact agent
Lou Niceski
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Jonathan Niceski
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Elders Real Estate Wollongong
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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.