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Sold on 11 Dec 2024 - Price Unavailable

314 Flagstaff Road
Lake Heights NSW 2502

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 597m2
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Property Details for 314 Flagstaff Rd, Lake Heights

Building Type
Land
Land Size
597m2
Local Government
Wollongong
Lot/Plan
94/DP262791

Last Listing description (December 2024)

Oliver Koltovski of LNK Realty proudly presents to the market an opportunity to secure a parcel of land in the desirable suburb of Lake Heights. Boasting stunning water views of Lake Illawarra and just a short distance to Lake Illawarra Foreshore, this vacant 558m2 parcel of land offers a fantastic opportunity for homeowners and investors alike.

Positioned on the high side of the street and adjacent to a reserve, this block boasts a 15m frontage and welcomes those looking to design and build their dream home or development of a duplex (S.T.C.A)

Close to popular Illawarra beaches, local schools, Westfield Shopping Centre, and Wollongong CBD, blocks of land in this area are very much desired and hard to come by.

Features:
- Lot 94 Plan DP 262791
- 558sqm Elevated Block of Land
- Dimensions 15.69m x 36.6m
- Zoned R2
- Stunning water views of Lake Illawarra
- Close to popular Illawarra beaches and Lake Illawarra Foreshore

Contact Oliver Koltovski on 0411 417 474 today before it's too late.

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Property History for 314 Flagstaff Rd, Lake Heights, NSW 2502

A timeline of how this property has performed in the market
Last Sold
11 Dec 2024
  • 11 Dec 2024
    Sold
  • 11 Nov 2024
    Listed for Sale Not Disclosed
  • 09 Apr 2024
    Listed for Sale $460,000 - $500,000
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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 1,858 properties. Over the last 5 years, Houses in Lake Heights have seen a 64.59% increase in median value, while Units have seen a 48.47% increase. As at 30 November 2024:

  • The median value for Houses in Lake Heights is $828,764 while the median value for Units is $699,349.
  • Houses have a median rent of $620 while Units have a median rent of $448.
There are currently 8 properties listed for sale, and 4 properties listed for rent in Lake heights on OnTheHouse. According to CoreLogic's data, 58 properties were sold in the past 12 months in Lake heights.

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